Forex Opinion & Analysis

Original post

OVERNIGHT:Unexpected contraction in Japan Q3 preliminary GDP saw USDJPY drop 150pips from an early high print of 117.05. Q3 GDP unexpectedly contracted -0.4% qoq vs expectation of 0.5% qoq growth thus...

Brent Oil continued to slide down the charts last week. This followed repeated concerns over an oversupply of Oil and increased USD demand encouraging investors to continue selling. Comments from...

Silver was having a relatively quiet week, with the metal spending the majority of the time consolidating between $15.75 and $15.44. Soft Chinese economic data also had no noticeable impact in the...

The U.S. Dollar traded lower versus several Forex majors on metrics which revealed that consumers anticipate Inflation will decline over the months to come, and could post at 2.6 percent for the year,...

Robust US Advance Retail Sales on Friday afternoon pressured Gold into extending below its short-term consolidation triangle and finding support around $1145. Investors closing USD options later the...

EURUSD The Euro remains supported in the near-term, as last Friday’s acceleration left higher base at 1.24 zone and cracked pivotal 1.2576 barrier. Sustained break here and 1.2590,...

The Cable tumbled to 1.5607 on Friday afternoon, its lowest valuation since early September 2013, following a dovish Bank of England (BoE) Inflation Report on Wednesday encouraging investors to...

EUR/USD - Weekly Report The pair moved sharply to the upside after failing to break 1.2400, giving the pair a push to the upside and breached 1.2500 levels. Despite that the pair failed to breach...

Shockingly bad economic data out of Japan led to great volatility in yen crosses during today’s Asian session, while the dollar also gave up some ground as it struggles to maintain its positive...

EUR/USD strengthened and rallied above $1.2500-level as short covering and profit taking took place after U.S. Bond yields fall on Friday. Any further advance will be capped because the short and long...

The EUR/USD continued to trade in the Forex market in the range Friday-Monday, forming a triangle. Yesterday, out of the triangle does not take place, maybe it will happen today. Recommendations...

After sales activity of Wednesday of the pair GBP/USD could stabilize in a narrow range in the last hours before the fall to a new cyclical low of European trading. GBP/USD fell below 1.5760 and hit a...

Talking PointsStrategy: Long, Target: 117.90, Stop: 115.90 (Daily Close) Bearish Engulfing Pattern Taking Shape On The Daily Four Hour Chart Flashed An Early Weakness Warning USD/JPY is in the process...