Forex Opinion & Analysis

·         GBP/USD creates upside rally from five-month low ·         Stochastic and RSI hold in overbought...

Note: USA Holiday today Bearish: Currently we are at 1.9189 in a range. We appear to have topped out and now moving south. We are looking to continue to the ATR target @ 1.9130 area with an outside...

The improvement in Germany's business climate stalled in May, according to data released by Ifo. The index remained at the same level of 89.3 as a month earlier. The indicator was last higher in May...

The Japanese yen has been drifting since late last week and is calm on Monday. USD/JPY is trading at 156.85, down 0.09% on the day at the time of writing.Ueda: BoJ Will Proceed With CautionThe Bank of...

The US dollar rally halted last week after Fed Minutes came out. This week, the greenback is eyeing key inflation and GDP data. It could break out toward 106 if the data is favorable. Invest like the...

The Japanese yen slightly increased against the US dollar on Monday, with the USD/JPY pair holding near 156.73. Investors have already priced in previous remarks from Bank of Japan (BoJ)...

The British pound continues to have a quiet week in which it has stayed close to the 1.27 line. GBP/USD is trading at 1.2715, up 0.13% at the time of writing in the European session.UK Retail Sales...

The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some...

The Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% on the day at the time of writing.Japan’s PMIs for April were a mixed bag and the yen didn’t show...

USD/JPY bearish:  Currently we are at 156.64 in a range.  We are looking to continue to the ATR target @ 155.70. WE have divergence in play for the short. Watch the USDX for direction. The...

The New Zealand dollar is in positive territory on Thursday. NZD/USD is up 0.38%, trading at 0.6120 in the European session at the time of writing. The New Zealand dollar showed some strength after...

Currently, the S&P 500, the main index of the U.S. economy, is in correction around the 5337.0 level. With the end of the corporate earnings season, the index's performance now heavily depends on...

Inflation in the UK exceeded forecasts, making traders and investors cautious about the prospects for policy easing in the coming months.Consumer prices rose by 0.3% m/m vs. 0.2% expected. Annual...

The British pound edged higher earlier today but has pared most of those gains. GBP/USD is trading at 1.2703, up 0.06% early in the North American session.UK Inflation Declines Less Than ExpectedUK...