Forex Opinion & Analysis

GBP/JPYDaily Pivots: (S1) 171.72; (P) 172.49; (R1) 173.98; Intraday bias in the GBP/JPY remain son the upside for 173.95 resistance. Break will confirm completion of the correction pattern from...

The USD/JPY pair is trading above its upward trend line on a 60 minute time frame. The price is also trading above its the 100 day (shown in red) and 50 day (shown in green) which clearly represents...

The euro’s weakness is quite stunning. There is no technical reason to close our shorts yet. We will do that in case EUR/USD goes to @ 1.3010. A technical rebound to 1.30 as well as some...

The currency markets were busy overnight with the interest rate decision announcement from New Zealand, alongside the release of jobs data in Australia that showed a surprising record number of jobs...

Market BriefThe RBNZ maintained its official rate unchanged at 3.50% as expected and hinted for further pause in policy tightening. It has been restated that the NZD remains strong by historical...

Main scenario:The GBP/USD is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.6100, which will be followed by reaching resistance level...

EUR/USD The euro trades in near-term consolidative phase above fresh low at 1.2858, with hourly tone being in neutral mode, while overall sentiment remains negative. Yesterday’s corrective...

Talking PointsAUD/USD Technical Strategy: Shorts Preferred Absence of Reversal Patterns Suggests Declines To Continue Push Past 0.9130 To Open Run On 0.8990/0.9000 AUD/USD remains in a precarious...

EUR/USD: Still a fair chance wave 3 completed. TThe past three days price action has created a possible V-shaped bottom which together with 1) the arrival at the ideal target, 1.2905, for wave 3 and...

With a week to go, the Scotland question continues to roll through markets but the latest round of survey data has seen a slight recovery for the pound. An opinion poll carried out by the company...

GBP/USD: bear trend to likely continue AFTER bear gap is closedA better bounce effort Wednesday after the aggressive sell off thus far this week and for September leaves the bias higher Thursday...

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

The yen has been looking weaker and weaker in the markets, and the advent of it getting weaker seems to be getting closer as tension builds up over the prospect of further stimulus to help reach...