Forex Opinion & Analysis

The GBP/USD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair is remaining in downtrend from 1.5605; the price action from 1.5014 could be treated as...

Market Review - 27/05/2013 23:00GMTYen gains on risk aversion The Japanese yen gained against the greenback on Monday after minutes from Bank of Japan's latest meeting struggled to control the rally...

EUR/USDThe pair settled the session little changed, as the absence of market participants in the UK and the US depleted volumes and resulted in minimal price action. In terms of macroeconomic news...

After showing some volatility, EUR/USD has kicked off Monday trading on a quiet note. The pair has continued where it left off on Friday, trading in the mid-1.29 range. The week ended on a high...

The last week of May sees the release of a slew of Japanese April data including industrial production, consumer prices, retail sales, household spending and unemployment. The market should expect...

The USD/CHF is currently on a very important long-term level, and whatever happens at those levels will be crucial over the next few months. On the daily chart, we can see a big inverted Head and...

Last week ended with an inverted head and shoulders formation that was created on the hourly chart. On Friday, bulls had a chance to start a major upswing as they managed to break the neck line. The...

The EUR/USD pair fell from its minor resistance zone on a 30 minute time frame. The price is trading near the 50 day (shown in green), and above the 100 day (shown in yellow) moving averages which...

EUR/USD - Weekly ReportThe pair has steadied below 23.6% correction at 1.2970 as shown on the graph, despite the intraday positivity and failure to stabilize below the key ascending support level....

USD/JPY Open 101.24 High 102.59 Low 100.81 Close 101.22On Friday, the USD/GBP continued decreasing significantly by almost 200 pips. The currency couple depreciated from 102.59 to 100.64 on Friday,...

There is evidence on the AUD/USD of a temporary low in place after five waves down in black wave 3. We know that a correction follows after every five waves, so we think that current sideways price...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.01; (P) 153.38; (R1) 154.47;GBP/JPY's consolidation from 156.77 short term top is still in progress. Deeper pullback could be seen but in that case,...

The U.S. Dollar traded mixed over the course of last week and rallied versus the majority of its trading peers Friday on speculation the Federal Reserve may put an early end to the current stimulus...