Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 124.83.In the Asian session, at GMT0300, the pair is trading at 124.75, with the USD trading 0.06% lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.5201, after UK’s manufacturing PMI missed market estimates in May.Yesterday, the UK manufacturing PMI climbed...

GBP/USD broke lower so we see wave 2/B as completed at 1.5690 from where pair fell sharply down into C or 3 that already reached our minimum expected zone near 1.5350, but ideally market will fall...

For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0929.In economic news, the flash consumer price index in Germany rose 0.10% on a monthly basis in May, at par with...

With the euphoria of the UK election now just another statistic in the history books, the positive momentum the shock result injected into the British pound has well and truly dissipated over the last...

EUR/USD With May Eurozone CPI on tap, there is a possibility of enhanced volatility. As I have said before, the dominant very-short-term trend is down and likely to continue, and as such, a break...

During the session today, German Unemployment Rate(May) data will see light at 15:55, with BoE April’s Montage Approval and Construction PMI released at 16:30. Eurozone PPI(YoY) of April and...

EUR/USDRisk reward: 2.75Volatility: HighUp at 1.0917 Limit 1.0885 Target 1.1005USD/JPYRisk reward: 2.22Volatility: HighDown at 124.82 Limit 125.14 Target 124.11GBP/USDRisk reward: 2.09Volatility:...

The Reserve Bank of Australia gave the Australian dollar a boost, as it not only kept interest rates unchanged as expected but also retained its neutral bias towards future policy. There were some...

2nd June: Very clearly this has somehow made its way to approach the (minimum) target at 125.13. However, I suspect we'll see a little higher because the (green) Wave (a) of Wave (iii) will approach...

For just on two years, forecasts of exchange rates for major currency pairs by a select group of market analysts have been made available on fxstreet.com each Friday. Forecasts are provided for one...

Good morning. Hope all is well! We seem to have had a moderate forecast for yesterday with a 57% accuracy on our predictions. British pound, Australian and New Zealand dollar pairs are on our watch...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11960, 11898, 11836 Resistance: 12037, 12149, 12212 The Dow Jones FXCM US Dollar Index resumed...

Talking Points: USD/JPY Technical Strategy: Flat Support: 124.49, 123.04, 122.13 Resistance: 125.95, 126.85, 127.58 The US dollar is aiming above the 125.00 figure against the Japanese Yen after...