Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.27; (P) 153.23; (R1) 154.70;The GBP/JPY rebounded further, breaching 153.58 minor resistance. Intraday bias is back on the upside, and a further rise is on...

EUR/USDTrading range: 1.3245 - 1.3320Trend: NeutralBuy at 1.3256 SL 1.3224 TP 1.3306USD/JPYTrading range: 98.60 - 97.95Trend: NeutralSell at 98.47 SL 98.79 TP 98.02GBP/USDTrading range: 1.5605 -...

GBP/USD Open 1.5570 High 1.5603 Low 1.5493 Close 1.5568On Monday, the GBP/USD increased by 90 pips. The Cable appreciated from 1.5493 to 1.5587 yesterday, inline with the positive money flow sentiment...

Market CommentaryThe USD depreciated against most of the FX majors, although the Aussie and the Kiwi remained under pressure. The Dollar Index (DX) on the other hand, continued depreciating amidst...

The yen strengthened against all of its major peers after the Bank of Japan left policy unchanged, disappointing investors who had expected the central bank to introduce measures to stem volatility in...

The AUD/USD just continues to drift slowly but surely as it has again just fallen a little lower and to new lows below 94 cents. At the right hand edge of the 4 hourly chart below you can see that it...

The JPYs bounced off supports last Friday, retaining Bullish momentum on Monday. The late NY and early Asian sessions saw some corrective moves . The current outlook remains Bullish, looking for Long...

Monday’s forecasts went in our direction for the most part, except for two pairs that struggled but all others performed close to what was thought possible. As suspected yesterday we still seem...

Of significance to start the week, the Euro has been able to find support at the 1.32 level and push back up towards 1.3260 and in doing so, maintain the break above this key level. It has enjoyed a...

The Canadian dollar gained close to one cent on Friday, as Canadian Employment Change jumped, posting its best numbers in three years. In the US, Non-Farm Payrolls beat the estimate, but the...

The Australian dollar continues to struggle, as it moves lower against the US dollar. In Monday’s European session, AUD/USD was trading in the mid-0.94 range. On Friday, US Non-Farm Payrolls...

The Europeans fared well yesterday. It was slower than I would have preferred and looks set to continue, so be prepared for more of the same. The EUR/USD and USD/CHF certainly appear to be on this...

EUR/USD Open 1.3257 High 1.3292 Low 1.3177 Close 1.3255On Monday, the EUR/USD increased by 90 pips. The European currency appreciated from 1.3177 to 1.3270 yesterday, matching the positive money flow...