Forex Opinion & Analysis

Market CommentaryThe Dollar Index (DX) is trading flat after swinging more than 0.50 on either side of the weekly 84.00 midrange. The DX is trading sideways with 84.50/84.60 ranges acting as important...

The combination of a quiet weekend and a bank holiday in the US and UK yesterday has led to little movement in prices since we downed tools on Friday afternoon. The USD remains the main story as the...

EUR/USDThe euro inched higher against the dollar in thin trade on Monday, as volumes remained light with markets in the U.K. and the U.S. closed for public holidays. Investors remained cautious amid...

The yen gave some ground early in today's Asian session. However, it seems capped at the moment as investors keep a close eye on the Nikkei 225 as further Japanese stock losses would probably underpin...

USD/SGD continues to decline after the recent breakout of the 4-hour Up Channel chart pattern identified recently by Autochartist. The overall Quality of this chart pattern is measured at the 7-bar...

GBP/USD Open 1.5105 High 1.5157 Low 1.5062 Close 1.5094On Monday Pound/Dollar traded within a 70 pip range. The Cable depreciated from 1.5157 to 1.5085 yesterday, in line with the negative money flow...

Yesterday’s subdued trading brought on minor movements in the currency exchange while the U.K. and U.S. markets were closed for holidays. The U.S. Dollar traded lower against the Yen and the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.08; (P) 152.66; (R1) 152.98;No change in the GBP/JPY's outlook. Consolidation from 156.77 short term top is still in progress, and a deeper fall cannot be...