Forex Opinion & Analysis

GBP/JPY is in the red today, not far from its recent highIt continues to hover inside a rectangle structureMomentum indicators are in waiting mode for the next key eventsGBP/JPY is trading lower today...

The British pound is having a quiet week and that trend has continued on Thursday . In the North American session, GBP/USD is trading at 1.2450, down 0.04%.Will UK retail sales improve?The UK release...

The Japanese yen is almost unchanged on Thursday. In the North American session, USD/JPY is trading at 154.44, up 0.03%.It’s a light data calendar today. US unemployment claims were unchanged at...

Bearish:  Currently we are at 1.9345 in a well built channel.  IF we can break support here, we are looking to continue to the ATR target @ 1.9262 with a further target the 1.270 Fibo @...

The Australian dollar is steady on Thursday. In the European session, AUD/USD is trading at 0.6442, up 0.12%.Australia’s Employment DeclinesAustralia’s job growth hit the breaks in March...

The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of...

Bearish:  Currently we are at 154.66` at a top and out of a rising wedge.  We are looking to continue to the ATR target @ 154.00 with a further target the 0.618 Fibo @ 153.57.   ...

The British pound has rebounded after sliding 2.1% over the past week. In the European session, GBP/USD is trading at 1.2461, up 0.28%.UK Inflation Drops to 3.2%Inflation in the UK continues to...

Last week's "Chart of the Day" highlighted the JPY futures (6J) as they were breaking down through wedge support. This has taken place, and now intervention talk is louder than ever. As this has...

Bearish:  Currently we are at 91.07` in a channel.  IF we can break slope support here, we are looking to continue to the ATR target @ 90.46 with a further target the Day chart bottom @...

GBP/USD could be impacted significantly by UK CPI data this week Iran-Israel tensions at forefront GBP/USD outlook bearish as US dollar likely to remain supported on dips The GBP/USD pair bounced off...

The British pound dropped 0.30% after today’s UK employment report but has recovered most of these losses. In the European session, GBP/USD is trading at 1.2452, up 0.05%.UK Job Growth Slides,...

The New Zealand dollar has plummeted to a five-month low, with the NZD/USD pair touching the 0.5890 mark. This decline was triggered by the release of robust American retail sales data, which raised...

GBPUSD inches down to a new five-month lowAn extension below 1.2400 could generate fresh selling interestGBPUSD tried to breach the psychological barrier at 1.2500 and re-establish itself...