Forex Opinion & Analysis

USD/JPYUSDJPY has moved slightly to the downside yesterday after testing the key resistance line seen on the provided graph. Closing below SMA20-colored in green- is negative, but we will be patient...

Measuring wealth with an ever-expanding ruler makes for a carnival illusion of safety, suspended in a vast, uneven web of complexity.The longer society and culture remain detached from the nature of...

Intraday outlook highlighting Resistance and Support levels in the forex market for July 3rd, 2015For this edition of DecaPip Daily, I would like to concentrate on some trading swing set ups that I...

Market CommentaryNon-Farm payrolls was the major risk event yesterday but failed to spark any real life into the markets who seemed intent on treading water into the US holiday today and the Greek...

The AUD/USD today is breaking below important long-term support as the bearish formation in the monthly and weekly chart shows. As can be seen in the monthly chart below the AUD/USD remains in bearish...

EUR/USDRisk reward: 2.22Volatility: HighUp at 1.1089 Limit 1.1057 Target 1.1160USD/JPYRisk reward: 1.78Volatility: AverageDown at 123.19 Limit 123.51 Target 122.62GBP/USDRisk reward: 2.09Volatility:...

The dollar started the Asian session flat following its slide against major currencies after June’s soft jobs data. The weaker-than-expected increase in nonfarm payrolls and muted average hourly...

EUR/USD has completed a triangle in mid-2014 around 1.4000, from where we have seen a strong bearish reversal down into big wave C) as expected. Wave C) is part of a three wave set-back from 2008...

LME Copper prices rose 0.10% or $5.5/MT to $5761.0/MT. Aluminium prices rose 1.62% or $27.0/MT to $1693.0/MT.In the Asian session, at GMT0300, the pair is trading at 0.7583, with the AUD trading 0.7%...

For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2542.The CAD gained ground, as Canada’s RBC manufacturing PMI bounced back to expansion territory after it...

For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9430, as the US non-farm payrolls figure disappointed in June.In the Asian session, at GMT0300, the pair is...

For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 123.06, after non-farm payrolls in the US increased less than anticipated in June.In the Asian session, at GMT0300,...

For the 24 hours to 23:00 GMT, the GBP remained flat against the USD and closed at 1.5609. In economic news, the construction activity in Britain expanded at its fastest rate in four months in June,...

For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1089.In economic news, the Euro-zone’s producer price index remained flat on a monthly basis in May, compared to...