Forex Opinion & Analysis

Talking Points NZD/USD Technical Strategy: Sidelines Preferred Shooting Star Candlestick Pattern Delivers Declines Awaiting Clearance Of 0.8260 To Open 0.8060 NZD/USD is left at a critical juncture...

Talking Points:Bank of Japan Keeps Monetary Base Target Unchanged at ¥270 Trillion BOJ: Moderate Recovery Seen Despite Tax Hike, Inflation Stable at 1.25% Yen Little-Changed as BOJ Announcement...

Talking Points:USD/JPY Technical Strategy: Flat Support: 104.60, 104.23, 103.62 Resistance: 105.23-39, 105.79, 106.28 The US dollar faltered after testing the 2014 closing high against the Japanese...

Talking Points:EUR/USD Technical Strategy: Short at 1.3644 Support: 1.3104, 1.3064, 1.3001 Resistance:1.3151, 1.3204, 1.3248 The euro may be setting up for a rebound against the US dollar as positive...

The major story from Wednesday involved Russia and Ukraine reaching a ceasefire. Immediately, this increased confidence from investors in the EUR/USD which has suffered due to the ongoing conflict in...

EUR/USDRisk reward: 1.47Trend: DownSell at 1.3154 SL 1.3186 TP 1.3107USD/JPYRisk reward: 1.41Trend: UpBuy at 104.75 SL 104.43 TP 105.20GBP/USDRisk reward: 1.78Trend: DownSell at 1.6465 SL 1.6497 TP...

I can't really add to what I have been saying all week about the EUR/USD. We have reached 1.3107, offering buyers a chance to get into the market and we have reached the upside target of 1.3150 thus...

EURUSD bear trend intactDespite a minor bounce effort through midweek, modest resistance is intact at 1.3160 ahead of a better barrier at 1.3197 to maintain bear pressures.We still see early September...

GBP/USD Open 1.6461 High 1.6506 Low 1.6439 Close 1.6459 On Wednesday the GBP/USD decreased with 65 pips. The Cable depreciated from 1.6506 to 1.6439 yesterday, in line with the negative money flow...

EUR/USD: Conflicting signals.We probably have to pass today’s main event, ECB, before any major move will take place. Strictly technical the rise from Tuesday’s low point looks like a...

GBP/JPYDaily Pivots: (S1) 172.13; (P) 172.74; (R1) 173.12; Intraday bias in GBP/JPY remains neutral as the pull back from 173.95 continues. With 171.67 support intact, further rally is still expected....

EUR/USDThe euro was hovering close to its lowest level against the Swiss Franc in 20 months on Monday, after the Swiss National Bank pledged to maintain its cap on the franc by buying unlimited...

EUR/USD Daily Analysis: We are within 15 pips of yesterday’s price as EU moved sideways for the last 24 hours, briefly challenging 1.3150 before settling to current price around 1.3138. As we...