Forex Opinion & Analysis

Key Data Releases Today1330GMT – CAD New Housing Price Index exp 1.7% v 1.5% 1330GMT – USD Continuing Claims exp 2349k v 2348k1330GMT – USD Initial Jobless Claims 280k v...

Yesterday’s slew of news from the UK economy came out exactly as we had thought, leading to a general decline in the GBP through the day. GBPUSD has fallen to fresh 14 month lows with GBPEUR...

The U.S. Dollar rose against several of its peers, but retreated from a seven-year high against the Yen, as the greenback continued to benefit from a recent bounty of positive economic reports....

EUR/USD - European Session The pair moved back to the downside after attempting to breach 1.2500 levels, which strengthened our previously suggested expectations. Stability below 1.2485 is negative...

US Dollar Index: The fifth wave advance is certainly running late but given the fact that we seems to be creating a small bull triangle it is also fair to assume that there will be one more top to be...

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EUR/USD pair found temporary support around $1.2450 ahead of U.S. Jobless claims and Germany CPI reports releases later in the day and U.S. Retail Sales data scheduled for release on Friday. We...

GBP/USD bear trend re-energizingWe saw skewed risk through midweek for a failure ahead of 1.6040 to leave a bear bias and the plunge to a new cycle low reinforces our ongoing bear view.The breakdown...

AUD/JPY has topped out at 100.83/89. We will need to hold above the immediate support at 100.25/20 on this dip for the outlook to remain positive today. Back above 100.55 Is more positive & could...

EUR/GBP immediate resistance at 7885/90 is the key to direction today but any shorts need stops above 7903. Today's outlook is more positive so be ready to go with a break higher using 7890 as support...

The CHF intrigues many traders at the moment.The Swiss National Bank Governor Jordan stated that they won't give up the cap for the foreseeable future and that the currency cap is key for preventing...

Today’s Binary Options Trading Strategy:• Currency Pair: NZD/USD• Timeframe: H4 (Hourly Chart)• Binary Option Trading Recommendation: Seek binary put options on rallies above...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.21; (P) 182.93; (R1) 183.90; In spite of yesterday's retreat, GBP/JPY is staying above 181.07 support. Thus, further rally is still expected. Current up...

Sterling is now the second weakest currency next to Japanese yen after the post BoE inflation report selloff. Markets are expecting BoE to start raising interest rate from the record low of 0.50% in...