Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 123.83.Yesterday, the BoJ Governor, Haruhiko Kuroda, mentioned that he does not see any “asset...

For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5321, as a disappointing UK’s first quarter GDP data dampened investor sentiment.Data showed that the second...

For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.0968, as forex traders continuously monitored high-level discussions in Brussels regarding the Greek debt crisis.In...

Talking Points: USD/CHF Technical Strategy: Flat Support:0.9388, 0.9293, 0.9139 Resistance: 0.9599, 0.9723, 0.9877 The US Dollar may be readying to turn lower against the Swiss Franc...

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5189, 1.5042, 1.4860 Resistance: 1.5337, 1.5498, 1.5699 The British Pound continued to press lower against the US Dollar, making...

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7117, 0.7055, 0.6982 Resistance: 0.7155, 0.7218, 0.7268 The Euro moved higher against the British Pound as expected after putting...

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.7163, 0.7108, 0.7041 Resistance:0.7217, 0.7285, 0.7394 The New Zealand resumed the move lower against its US counterpart, with...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7580, 0.7400, 0.7220 Resistance:0.7691, 0.7781, 0.7871 The Australian Dollar is poised challenge April’s floor against its...

Talking Points: EUR/JPY Technical Strategy: Flat Support: 135.65, 134.68, 132.80 Resistance:137.24, 138.52, 139.80 The Euro may be preparing to make a run toward monthly highs against the...

As the euro bounces, look fotr the USD to correct before heading higher.

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above 190. Despite today’s intraday weakness, the bulls still seem...

The Dollar Index has drawn a head and shoulders on its 30-minute chart. But the right shoulder has formed a megaphone, complete with a fake breakout through the neckline.A megaphone right shoulder...

Potential Euro Price Channel (Pink) – If It Holds, Will Likely Set Up Melt-Up Euro futures are trying to set up a price channel (pink on chart). Their retrace target is still below, so...