Forex Opinion & Analysis

EUR/GBP - return above important support area 0.7710 - 0.7760EUR/GBP is above very important support - area 0.7710 (support from 2008) and 0.7760 (support from 2012, 2014). Since the beginning of...

New York Forex Report: Early European trading today was marked by a retreat in risk-appetite following poor data out of China overnight. February exports fell a huge 25.4% whilst Imports slumped by...

After the pair made a nice impulsive decline in black wave 5 of 3) from February highs, we now think that a pullback of a higher degree might be underway as in red wave 4). That said, we expect a...

Lots of indecision in the FX markets, but one of the clear themes on the day was that of selling, primarily through EUR/GBP.Cable has been struggling through the day, with players keen to buy dips,...

I wrote last week that the EUR/USD would probably enter a trading range that would last a couple of weeks after the February sell climax. I also said that the minimum target for the 1st leg up was a...

EUR/USD first resistance at 1.1040/45 is the main challenge for bulls today. Shorts need stops above 1.1075. A break higher is a buy signal however and sees 1.1045/40 act as support to target minor...

USD/JPY breaks lower trend line support at 113.50/45 and further support at 113.20, which was the last line of defence for bulls. The sell signal targets 112.85/80 then minor support at 112.40/35....

GBP/USD holding above 1.4240/50 keeps bulls in short term control and a break above 1.4280 targets strong resistance at 1.4325/30 where a high for the recovery looks likely. Try shorts with stops...

USD/JPYCurrently we are 113.05 in a large range. We are looking to continue to the 0.618 support at 112.51 and then to the 0.786 Fibonacci at 111.87. The average daily true range (ATR) for the pair...

EUR/USD - nearest target for demand 1.1070 After huge EUR/USD volatility last seen on Friday (just after US nonfarm payrolls data), yesterday's session was similar. At the beginning supply broke below...

Both major currency pairs experienced a volatile start to the new week and there was something for everyone. While bears initially set the tone, providing short-traders a good profit, bulls won out...

Market Drivers for March 08, 2016 CNY Trade much weaker than forecast Carney testimony on Brexit turns testy Nikkei -0.76% DAX -1.44% Oil $37/bbl Gold $1275/oz Europe and AsiaAUD: NAB Business...

Tuesday March 8: Five-things the markets are talking aboutGlobal challenges remain in place for emerging markets and continue to weigh upon market risk appetite. Regional equities are on the back...

It’s been a quiet start to the week for USD/CAD, with the pair trading at 1.3340 in Tuesday’s European session. On the release front, the sole event on the schedule is the NFIB Small...