Forex Opinion & Analysis

As we could see after yesterday's webinar, USD/JPY dropped like a stone from POC giving us more than 140 pips of a profit. The setup was based on a running triangle and general 114.00 rejections, and...

EUR/NZDCurrently we are 1.6728 in a nice channel. We are looking to continue to the Fibo Resistance @ 1.6804 and maybe to the 1.6989. The average daily true range (ATR) for the pair currently is 240...

Yesterday’s Trading: The USD on Monday closed up against the EUR. The euro/dollar was down against Friday’s 1.1079 minimum. Trading volumes are still low on the market at participants lie...

USD/JPY has posted strong gains on Tuesday, trading just above the 113 line in the European session. On the release front, the Bank of Japan maintained its monetary policy, but presented a bleak...

EUR/USDCurrent level - 1.1104 Still struggling above 1.1067 support area and while the latter holds, the bias will be positive, for a rise through 1.1217 peak. Initial intraday resistance lies at...

GBP/JPY bottomed at 154.70 on February 24th and managed to recover to 164.10, when the bears returned. The pair is currently trading slightly above 160.10, but what could we expect from now on? Is...

London Forex Report: Oil prices dropped below the USD 40/barrel threshold after Iran’s announcement that output will be raised to 4 million barrels a day before joining talks to freeze...

The Australian dollar is trending lower today after the latest minutes meeting from the Reserve Bank of Australia where they left open the door open for further rate reductions should the need...

GBP/USDThe pair followed through lower on the back of its Monday losses on Tuesday. This development leaves GBP/USD threatening further downside pressure in the days ahead. On the downside, support...

EUR/USD is showing marginal movement on Tuesday, as the pair trades slightly below the 1.11 line in the European session. On the release front, French CPI posted a gain of 0.3%, within expectations....

On Tuesday there was a meeting of the Japanese central bank. BOJ didn't change anything, it left interest rates and QE at current levels. Japanese yen in reaction, strengthened against all...

Tuesday March 15: Five things the markets are talking aboutCentral Bank monetary policy announcements dominate proceedings this week. The main event happens tomorrow with the Federal Open Market...

USD/JPYUSD/JPY has moved to the downside again after testing areas around 114.00, while RSI14 has been resisted at 50.00 levels. In the interim, the pair is now struggling below SMA20 and thus, we...

The dollar gained against most major currencies on Monday, as investors continue to focus on the Federal Reserve’s upcoming policy meeting this week. The euro remained under pressure after the...