Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.38; (P) 149.99; (R1) 150.64;GBP/JPY recovers strongly today but is kept below 151.92 so far and intraday bias remains neutral first. Break of 151.92 should...

EUR/USD - European SessionThe pair touched 1.3000 levels and rebounded to the upside proving the effect of the bullish momentum as shown on graph. Trading above 1.2970 levels will be considered...

USD/JPY Open 98.47 High 99.09 Low 97.54 Close 98.32On Thursday Dollar/Yen resumed increasing with 100 pips. The currency couple appreciated from 97.54 to 98.58 yesterday, matching the positive money...

In yesterdays intra-day video (for members) we were talking about possible larger pull-back on the EUR/USD up in wave 2. Well, we can see a push above hourly resistance line of an EW channel which...

The dollar scaled a two-and-a-half week peak against the yen in Asia on Friday but lost ground against the euro after two more Federal Reserve officials sought to play down fears over the central...

German retail sales rose more than forecast in May, adding to signs that a recovery in Europe’s largest economy has gathered pace this quarter.Sales adjusted for inflation and seasonal swings...

GBP/USD Open 1.5255 High 1.5347 Low 1.5200 Close 1.5253On Thursday Pound/Dollar continued decreasing with 145 pips. The Cable depreciated from 1.5347 to 1.5200 yesterday, in line with the negative...

EUR/USDTrading range: 1.3085 - 1.3015Trend: NeutralSell at 1.3075 SL 1.3107 TP 1.3025USD/JPYTrading range: 98.55 - 99.25Trend: NeutralBuy at 98.69 SL 98.37 TP 99.14GBP/USDTrading range: 1.5290 -...

Good morning everyone. Thursday’s forecast was in the right direction for the most part, in fact all pairs behaved close to what was thought possible. Yesterday we thought markets might range...

EUR/USD enjoyed the weakening of USD during Asian hours which drove Gold below 1,200, allowing EUR/USD to break 1.305 short-term resistance. This move is significant due to the fact that it reduces...

BIAS: We should be looking for losses to resume soonResistance: 1.5265 1.5280-96 1.5320-25 1.5345-50Support: 1.5240 1.5201-20 1.5185 1.5150-55MAIN ANALYSIS: We didn't get the minor new low but did...

The Dollar corrected lower as suggested although not uniformly across the Europeans. However, the minor new highs I had expected did not materialise, EUR/USD and GBP/USD corrected directly, USD/CHF...

GBP/USD (daily chart) has extended its steep plunge of the last week-and-a-half to drop tentatively below major historical support around the 1.5250 price region. Within the past few years this level...