Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 182.52; (P) 183.73; (R1) 185.67; Intraday bias in GBP/JPY remains neutral for consolidation above 180.36 temporary low. Further decline is expected as long as...

Good morning. Hope all is well! We have had an above average forecast for yesterday with a 57% accuracy on our predictions. Both Japanese yen and US dollar were on the weak side of things. Seems like...

Talking Points:EUR/JPY Technical Strategy: Flat Euro Rallies Most in Three Weeks vs. Japanese Yen, Invalidates Breakdown Gains Seen as Corrective, Waiting for Another Selling Opportunity Ahead The...

Talking Points:AUD/USD Technical Strategy: Flat Morning Star Candlestick Pattern, Trend Line Break Hints at Upswing Ahead Profit Booked on Short Trade from 0.7214, Waiting for Another Short Entry The...

Talking Points:GBP/USD Technical Strategy: Flat Pound Launches Sharp Rebound, Erases a Week’s Worth of Losses in 2 Days Profits Booked on Short Position from 1.55, New Selling Opportunities...

Talking Points:EUR/USD Technical Strategy: Short at 1.1224 Euro Finds Interim Support, Rebounds After 1-Month Trend Line Break Short Position Now in Play, Initially Targeting Return Below 1.12...

With the EUR/JPY cross following through higher on the back of its Monday gains on Tuesday, it looks to retest its key resistance at the 134.98 level. Support comes in at the 133.50 level where a...

Key Highlights · British pound, after declining towards 180.40 against the Japanese yen, found support. · GBP/JPY is currently trading higher and approaching towards a major swing area....

The depth of the dollar losses was always going to be an inexact process, although one or two currency pairs exceeded their expected limits. However, it wasn’t all dollar losses. While EUR/USD,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management USD/CAD Falls Sharply Ahead of Bank of Canada Meeting RBNZ: Are 3 Back to Back Rate Cuts Warranted? AUD Soars on Stronger...

Currency investors should consider selling EUR/GBP this week, advises Credit Suisse (SIX:CSGN) in its weekly FX pick to clients."Draghi's dovish comments reintroduce the potential for EUR downside, in...

GBP outperformed amid a flurry of M&A activity, while commodity currencies are bolstered ahead of tomorrow’s BoC and RBNZ rate decisionsGBP has been the notable outperformer of the session,...

The price of oil fell yesterday, with Brent dropping to $47.83 per barrel. The price of oil is rebounding Tuesday morning, with Brent up to $48.07 (around +1%). WTI futures with October delivery are...

Yesterday’s Trading:On Monday, the euro/dollar was trading in a range of 50 points due to a bare economic calendar and it being a state holiday in Canada and the US. The market formed a...