Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.17; (P) 150.59; (R1) 151.90;The GBP/JPY dropped further today, and is heading back to 148.18. A break will extend the decline from 156.77 and target the...

Yen soared across the board on risk aversion as global equities are weighed down by speculation over the Fed's tapering of stimulus. Investors are getting more cautious, ahead of the FOMC meeting next...

Market Movers for June 13, 2013USD/JPY slips through 94.00 as Nikkei slumps -6%Australian labor data mixedNikkei -6.35% Europe -1.67%Oil $95/bblGold $1389/oz.Europe and AsiaAUD: Unemployment Rate...

Euros edged higher yesterday reaching overnight highs of 1.3370. We have divergence on the 60 minute charts which suggests we should see some downward moves early this morning. We still have the...

An unexpected rebound over the past 24 hours to overcome modest resistance at .9470/80 and ease immediate bear risk this week.However, whilst below further barriers at .9650/55 and the key failure...

USD/JPY Open 95.90 High 97.03 Low 93.76 Close 95.94On Wednesday, the USD/JPY continued decreasing significantly by 190 pips. The currency couple depreciated from 97.03 to 95.12 yesterday, matching the...

We are not talking about the first game of the Stanley Cup Finals (which went into triple overtime) but rather about Asian markets that, after a lull on Wednesday, caused trading screens to go red....

GBP/USD Open 1.5678 High 1.5702 Low 1.5631 Close 1.5673On Wednesday, the GBP/USD increased insignificantly by 70 pips. The Cable appreciated from 1.5631 to 1.5701, in line with the positive money...

JPYs are moving, and moving fast - but the direction remains a question mark. Wednesday JPYs took swing high then low, ending up where it all started. The Asian session brought in bearish momentum as...

Dollar and S&P 500 Traders Face Major Trend ReversalsBoth the US dollar and S&P 500 futures have made ominous moves over the past 24 hours to threaten long-term trend changes. While the...

Wednesday’s forecasts went in our direction for the most part, in fact all pairs behaved as we had predicted and what was thought possible. As suspected yesterday, we still seem to be at at...