Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.32; (P) 151.26; (R1) 153.17; Intraday bias in GBP/JPY has turned neutral for the moment. On the downside, below 148.18 will extend the decline from 156.77...

USD/JPY Open 96.09 High 98.98 Low 95.56 Close 96.00On Tuesday, the USD/JPY decreased tremendously by 340 pips. The currency couple depreciated from 98.98 to 95.56 , matching the negative money flow...

The dollar steadied against the yen on Wednesday, after suffering its biggest drop in three years yesterday. The USD/JPY is now trading in the 96.44 area, though it sank as low as 95.60 in the...

Hourly ChartAfter yesterday’s dismal economic data that sent AUD/USD below 0.94 for the first time since Sept 2011, price has rebounded, trading above 0.94 during the US trading session...

GBP/USD Open 1.5642 High 1.5654 Low 1.5519 Close 1.5641On Tuesday, the GBP/USDincreased by 135 pips. The Cable appreciated from 1.5519 to 1.5654 yesterday, in line with the positive money flow...

In the last 24 hours, the AUD/USD has been able to halt the decline a little and rally back towards 95 cents after find some support around 94 cents. Over the last couple of weeks it has shown some...

The USD has been extending its losses since Tuesday, when the U.S. stock market turned sharply lower with the Dow Jones Industrial Average down three days running for the first time this year. The...

The EUR/USD has continued its solid movement as it has bounced off support at 1.32 and moved through 1.33 to a new three month high. It is significant that the Euro has been able to find support at...

EUR/USDTrading range: 1.3280 - 1.3355Trend: NeutralBuy at 1.3292 SL 1.3260 TP 1.3342USD/JPYTrading range: 96.15 - 96.80Trend: NeutralBuy at 96.25 SL 95.93 TP 96.70GBP/USDTrading range: 1.5620 -...

The British pound continues to post gains against the US dollar. GBP/USD has crossed above the 1.56 line in Tuesday’s North American session. In economic news, British Manufacturing Production...