Forex Opinion & Analysis

USD/JPY Downside Risk To Key Chart Supports: 92.57 And 90.87As expected, a push through last week’s low to reinforce the push back below the previously probed 100-day MA and enhance the topping...

Currently we are at 0.9618. We are looking for a small move to continue up to the R5/.214 Fibo at 0.9700. Next week look to the R6 at 0.9931. We are bullish. The current average daily trading range...

The EUR/USD and GBP/USD have been showing signs of fatigue after their recent strong runs, but there's lots more wood to chop before we can call a trend change. If you missed it on today’s Must...

EUR/USDLevel - 1.3329The outlook on the senior frames remained bullish. Structure below 1.3390 peak was by all means a corrective one, preceding next wave towards 1.3510. Crucial on the downside was...

On Friday, the USD/JPY pair was few pips shy off before bouncing back up on a 30 minute time frame. The momentum changed hands from bears to bulls, as the price has gone above the 50 day (shown in...

Bear CaseThe EUR/USD pair fell from its resistance level on a 30 minute time frame. This resistance level was given in our June 10 analysis. The price was trading below the 50-day (shown in green) and...

US stocks moved sharply higher yesterday and it seems that risk-on is back in play. Meanwhile Japanese yen lost some value against the majors which has been expected as correlation between stocks and...

USDJPY downside risk to key chart supports 92.57 & 90.87As expected, a push through last week’s low to reinforce the push back below the previously probed 100-day MA and enhance the topping...

On Friday, the EUR/USD retraced from Thursday’s highs to trade just above 1.3300, down 0.5%. The USD/JPY seemed much more stable on Friday, although the unwinding of long-term long positions in...

The U.S. Dollar traded mixed following the release of positive sales and jobs data. However, the releases were overshadowed by volatile trading and a big drop on Japan’s Nikkei, prompting the...