Forex Opinion & Analysis

EUR/USD Near-term price action comes under pressure again, after corrective attempts off yesterday’s fresh one-month low at 1.0519, stalled at 1.06 zone, where solid resistance has...

The JPY rally picked up pace overnight after comments from an advisor to prime minister Shinzo Abe yesterday suggesting 120 in USDJPY is too weak a level and that 105 is more in line with purchasing...

China has collapsed in trade surplus, raising fears for UK and the global economy. Yesterday, data showed that Chinas outgoing trade tumbled 15% last month, the biggest drop for more than a year and...

Asian Session – EUR/JPY falls to 22-month low as Japanese PM’s advisor says the currency too weakThe yen rallied on the absence of important news today, after an advisor to the Japanese...

GBP/JPY Daily OutlookDaily Pivots: (S1) 175.53; (P) 176.02; (R1) 176.79; GBP/JPY drops to as low as 175.26 so far and intraday bias remains on the downside. Firm break of 175.49 support will extend...

MARKET SNAPSHOT: UP NEXT: TECHNICAL ANALYSIS: NZD/JPY: Preparing to roll over (again) GBP/CAD: Bearish below 1.850

INTRADAY CHART 14th April:We appear to have seen the Wave -b- at the 51% retracement and therefore we should be seeing a 5-wave decline. Currently we are in Wave (a) of Wave (iii) and it looks as if...

EUR/USDThe euro continued its steady depreciation against the U.S. dollar on Monday moving close to a 12-year low, as tensions between Greece and its creditors remained high and ahead of a flurry of...

For the 24 hours to 23:00 GMT, the AUD weakened 1.08% against the USD to close at 0.7588.LME Copper prices declined 0.72% or $43.5/MT to $6011.5/MT. Aluminium prices rose 0.48% or $8.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.2594, reversing its previous session losses.In the Asian session, at GMT0300, the pair is trading at 1.2578, with the...

For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9775.Yesterday, a leading rating agency downgraded its economic growth forecast for Switzerland and expected the...

For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 120.07.In the Asian session, at GMT0300, the pair is trading at 119.88, with the USD trading 0.15% lower from...

For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.4670.In the Asian session, at GMT0300, the pair is trading at 1.4675, with the GBP trading marginally higher from...

For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0574.In economic news, current account deficit in France widened to €1.80 billion in February. The nation had...