Forex Opinion & Analysis

The GBP/USD reversed sharply higher in the last few sessions, and successfully broke through the falling trend-line connected from the 1.5600 high. This suggests that first impulsive decline is...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.12; (P) 153.08; (R1) 153.93;Consolidation from 156.77 short term top is still in progress, and a deeper fall cannot be ruled out. In such a case, downside...

Asian equities are broadly lower today, following the -106.6 pts fall in Dow overnight. The yen and Swiss franc strengthened while the dollar tracked lower. Recent encouraging US economic data has...

The yen rose as domestic shares plunged and data showed that Japanese investors were net sellers of foreign debt for a second week, fanning concern the nation’s unprecedented monetary stimulus...

The consolidation around 1.265 continues, but this time round we are getting closer and closer to the rising trendline, and eventually something's gotta give – either price will break back below...

Dollar Risks Tumble if QE3 Taper Talk or Capital Market Don’t CatchThe US dollar has done its best to run astray of the dogged strength of stimulus-backed risk assets. As of late, the bullish...

Market Drivers for May 30, 2013Nikkei dives 5% taking USD/JPY to 100.50Aussie rebounds on better housing/capex dataNikkei -5.15% Europe 0.15%Oil $93/bblGold $1406/oz.Europe and Asia AUD: Building...

The USD index reversed lower yesterday, and is now again testing that very important 83.30-83.50 support zone. As such, we have adjusted the wave count and are now looking at a red wave 4) in progress...