Forex Opinion & Analysis

USD/JPY certainly has seen better days. Price has fallen close to 450 pips from May peak to recent trough, breaching the previous April consolidation zone between 94.0 – 100.0 which was forged...

After a really solid last week or so, the GBP/USD has continued its form and moved through to a new four week high just above 1.54. Only a few days ago it experienced its strongest 24 hour period in a...

BIAS: While 130.10-30 caps, we should see losses to 128.90-20 initially and lower later. Resistance: 130.10-30 130.60-65 131.10 131.40Support: 129.42 128.90-20 128.53-63 128.11MAIN ANALYSIS: Losses...

USD/JPY Open 99.12 High 100.47 Low 98.84 Close 99.00On Wednesday, the USD/JPY decreased by150 pips. The currency couple depreciated from 100.47 to 98.95 yesterday, matching the negative money flow...

GBP/USD has posted gains on Wednesday, buoyed by a strong UK Services PMI. The pair is testing the 1.54 line in the North American session. Taking a look at today’s key US releases, ADP Non-Farm...

It has been a positive last week or so for the Euro which has seen it move up higher from near 1.28 to four week highs near 1.31. This level has stood up and is proving itself to be a brick wall of...

After recently breaking out above the key 0.97 level and reaching a two week high the AUD/USD has since reversed and moved through the bottom of the recent trading range and to a new 18 month low...