Forex Opinion & Analysis

Market Commentary Both the USD/JPY and Nikkei are at decade highs, and supported by official comments in the past twelve hours (Kuroda stating that “financial excess” in the economy is not...

During the session today, we should pay attention to the release of British GDP YoY (Quarter 1) at 16:30, business data in Eurozone of May will see light at 17:00, and Canada’s Industrial...

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:...

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: USD/CHF Technical Strategy: Flat Support:0.9490, 0.9357, 0.9258 Resistance: 0.9560, 0.9675, 0.9862 The US dollar paused to consolidate gains against the Swiss franc, snapping a...

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,...