Forex Opinion & Analysis

GBP/USD first resistance at 1.4275/80. A break above 1.4300 however signals further gains to 1.4325/30, perhaps as far as resistance at 1.4350/60. A break above 1.4375 could then target important...

EUR/USD minor support at 1.1370/60, but better support again at 1.1330/25 is the most important of the day. Longs need stops below 1.1315 with further losses to target a buying opportunity at...

The euro is flat on Tuesday, continuing the lack of movement that has characterized the pair so far this week. In the European session, EUR/USD is trading at 1.1380. On the release front, German...

EUR/USDRisk reward: 2.12Volatility: HighSell at 1.1398 SL 1.1430 TP 1.1330USD/JPYRisk reward: 4.16Volatility: HighSell at 111.57 SL 111.89 TP 110.24GBP/USDRisk reward: 2.94Volatility: HighSell at...

At 3:30(GMT), Australia will release the benchmark interest rate for April. BNP Paribas (PA:BNPP) said that recently the Reserve Bank of Australia had never said anything negative to AUD and they...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.88% against the USD to close at 0.7605. LME Copper prices declined 1.31% or $64.0/MT to $4816.0/MT. Aluminium prices declined 0.07%...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9589. In economic news, Switzerland’s total sight deposits inched up to a level of...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 111.26. In the Asian session, at GMT0300, the pair is trading at 110.85, with the USD trading...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1389. In economic news, the Euro-zone’s Sentix investor confidence index rose...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.70; (P) 159.71; (R1) 160.72; Intraday bias in GBP/JPY remains o the downside for the moment. Corrective rebound from 154.70 should have completed at 164.09...

BOJ's Kuroda Is Keen To Further Expand The Monetary PolicyIntraday Market Moving News and Views (USD/JPY)Apr 05, 2016 03:02GMT Bank of Japan's Governor Haruhiko Kuroda told the parliament that market...

USD/JPYShort-term Elliottwave structure suggests decline from wave ((X)) at 113.8 is unfolding as a zig zag structure (5-3-5 structure) where wave (a) ended at 111.98, wave (b) ended at 112.67, and...

Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published.When looking at the Top 10 in the Monthly Ranking and Rating list...

GBP/USD Open 1.4260 High 1.4321 Low 1.4189 Close 1.4257On Monday pound/dollar increased with 130 pips. The cable appreciated from 1.4189 to 1.4321 yesterday, in line with the positive money flow...