Forex Opinion & Analysis

The start of the new month and quarter was rather quiet and calm in terms of trading. All majors with no exceptions traded within very tight ranges. EURUSD is currently trading at 1.3020 and USDJPY at...

GBP/JPY is set to rise in the next 9 trading days to the 4-hour Key Resistance level 152.31 identified by Autochartist (of the type Approach) – as you can see from the following trade...

EUR/USD made three legs up from 1.2750 low to 1.3420 which we believe represents a corrective, contra-trend price action within a larger downtrend. We are talking about blue wave (2) which is showing...

The U.S. Dollar continued its rally against the majors as both the month and the second quarter concluded. This took place as Federal Reserve officials attempted to clarify how they’ll begin to...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.11; (P) 150.63; (R1) 151.28;Intraday bias in GBP/JPY remains neutral for the moment with focus on 151.92. Break will resume the rebound from 147.10 and...

USD/JPY Open 99.38 High 99.72 Low 98.45 Close 99.10On Friday Dollar/Yen continued increasing with 100 pips. The currency couple appreciated from 98.45 to 99.46 on Friday, matching the positive money...

AUD/USD breaks critical .9145 retrace support to aim lowerAfter consolidation most of last week, as expected and as Tweeted, a more negative outlook resurfaced late Friday.This has been after cautious...

The dollar was broadly firm at the beginning of the week as traders greeted the start of a new quarter that could see the U.S. Federal Reserve beginning to wind down its stimulus, even as other major...

The dollar generally gained against the majors over the last week, but lost ground against some of the EM currencies. It seems that this was largely a reversal of previous overdone moves, as the...