Forex Opinion & Analysis

Following a quiet trading session, free of important economic releases, the dollar remained supported at eight-year highs against the yen and higher against most major currencies on Wednesday as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 189.29; (P) 189.81; (R1) 190.41; GBP/JPY's rally resumes after brief consolidation and intraday bias is back on the upside. Current up trend should now target...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/JPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

EUR/USDRisk reward: 2.72Volatility: HighUp at 1.0893 Limit 1.0861 Target 1.0980USD/JPYRisk reward: 2.44Volatility: HighDown at 124.23 Limit 124.55 Target 123.45GBP/USDRisk reward: 2.09Volatility:...

USD/CAD is attempting to break outside the Ichimoku cloud. Technical indicators suggest that further upside momentum is possible. RSI is above 50 in bullish territory and the tenkan-sen and kijun-sen...

Talking Points: USD/JPY Technical Strategy: Flat Support: 123.04, 122.13, 121.41 Resistance: 124.49, 125.95, 126.85 The US dollar continued to press higher against the Japanese yen, with prices...

Talking Points: US Dollar Technical Strategy: Holding Long Support: 11960, 11898, 11836 Resistance: 12037, 12149, 12214 The Dow Jones FXCM US Dollar Index narrowly edged above chart resistance,...

Talking Points:Australian Private Capital Expenditure Fell 4.4% in 1Q Aussie Dollar, Government Bond Yields Sharply Lower Soft Figures Likely Inspired RBA Interest Rate Cut Bets Australian private...

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7060, 0.7007, 0.6922 Resistance: 0.7117, 0.7155, 0.7218 The euro put in a Bullish Engulfing candlestick pattern, hinting a move higher...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2379, 1.2271, 1.2137 Resistance: 1.2487, 1.2621, 1.2801 The US dollar slowed its advance against its Canadian namesake after testing...

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.7217, 0.7163, 0.7108 Resistance:0.7285, 0.7327, 0.7394 The New Zealand rebounded after testing near the 0.72 figure, hinting four-month...

Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7691, 0.7580, 0.7400 Resistance:0.7781, 0.7871, 0.7982 The Australian Dollar slipped to the lowest level in a month against its US namesake,...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 134.68, 132.80, 131.52 Resistance:135.65, 137.24, 138.52 The Euro is attempting to launch a recovery against the Japanese Yen having found...

The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking...