Forex Opinion & Analysis

The Japanese yen strengthened yesterday, first on a weaker US dollar, and later on the yen was boosted by positive local data. USD/JPY reversed the bullish cycle as US dollar index plunged 101.18, not...

Gold's performance last week was not up to expectations, as the precious metal plunged to 1170.82 after strong US data, its lowest level since February, bringing its total losses to around $130 per...

USD/JPY has posted strong gains on Tuesday, erasing the gains which marked the Monday session. Currently, USD/JPY is trading just below the 113 line. On the release front, Japanese Household Spending...

Five Things Markets Are Talking AboutHas the impact of President elect Trump’s surprise victory on the dollar and commodities peaked or do investors just want to get this event risk week out of...

EUR/USD continues to have a quiet week, as the pair trades at the 1.06 line. On the release schedule, Germany releases Preliminary CPI, with the markets expecting a small gain of 0.1%. The US will...

It has been over five months since CHF/JPY began recovering from as low as 101.74 in June. During this time, the pair managed to gain over 1000 pips and is currently trading slightly above 111.00....

Market Drivers November 29, 2016 Dollar recovers in EU trade UK Lending data better Nikkei -0.27% DAX -0.00% Oil $46/bbl Gold $1186/oz. Europe and AsiaEUR: EZ Business and Consumer Survey 106.50 vs....

AUD/USD key to direction is strong resistance at 7485/90. A break above 7510 however is a short term buy signal targeting 7540/44 then strong resistance at 7585/95. Try shorts with stops above...

EUR/USD: The pair continues to retain its broader downside pressure having rejected higher prices on Monday. This development leaves EUR/USD vulnerable to the downside in the days ahead. On the down,...

GBP/AUD continues to fall after the earlier breakout of the triangle chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this triangle...

GBP/JPY Daily OutlookDaily Pivots: (S1) 138.24; (P) 139.55; (R1) 140.27; More... Intraday bias in GBP/JPY remains neutral for consolidation below 141.73 temporary top. Downside of retreat should be...

The U.S. dollar regained some of its strength, pushing the euro and cable lower. While the euro stopped its fall slightly above 1.0560, the British pound turned out to be Monday's worst performer and...

USD/JPY rebounds from 7-day ema, but deeper corrective move is likelyJapan's unemployment rate held steady in October as the availability of jobs improved and household spending fell at a slower pace,...

EUR/USD forecastYesterday, this currency pair showed a variety trends.The political instability in Italy pressures on euro. At the moment, the price of the currency is in a range 1.05800-1.06400. The...