Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.64; (P) 148.59; (R1) 149.78;With the 150.56 minor resistance intact, the correction from 156.77 is expected to continue lower. A break of 146.42 will...

The GBP/USD pair has formed a reversed Head and Shoulders - a bullish pattern on a 30 minute time frame. If this pattern plays out, then we could easily see the price near the 1.5848 level. The price...

Hourly ChartUSD/SGD rallied stronger due to the early rally of USD/JPY brought about by the mini revival in Nikkei 225 during early Monday trade. The strengthening of USD from USD/JPY spilled over to...

GBP/USD Open 1.5720 High 1.5738 Low 1.5614 Close 1.5697On Friday Pound/Dollar traded within 105 pip range. The Cable depreciated from 1.5719 to 1.5614 on Friday, in line with the negative money flow...

USD/JPY Open 94.23 High 95.68 Low 93.97 Close 94.03On Friday, the USD/JPY decreased significantly with 170 pip range. The currency couple depreciated from 95.68 to 93.97 on Friday, matching the...

EUR/USD aiming higher this week to 1.3505/20 targetsA resilient, inside pattern pause Monday after a grind higher through last week as we restate our view “we still see upside risk through...

Our cross on Friday went down following the USD/JPY quotation looking for a higher low and bounced at 125.18.The majors that lead the cross are in a different situation. The USD/JPY is bouncing from a...

EUR/USDTrading range: 1.3305 - 1.3380Trend: NeutralBuy at 1.3318 SL 1.3286 TP 1.3368USD/JPYTrading range: 94.50 - 95.20Trend: NeutralBuy at 94.64 SL 94.32 TP 95.09GBP/USDTrading range: 1.5675 -...

The EUR/USD has been slow, choppy and sideways for the last few trading days. We believe it represents a corrective price action within a larger uptrend. This is wave 4 which could still retrace...