Forex Opinion & Analysis

Cable moved lower once again last week as a resurgent US dollar continued to drive the pair, with the September futures contract closing at 1.6770 on the daily chart. Friday’s price action was...

EUR/USD We witnessed last Friday another bullish rebound as the pair stabilized above 50% correction at 1.3375 as showing on graph. The attempts to break the referred to level failed, as the pair...

As geopolitical concerns continue between Russia and Ukraine as well as in Iraq, we’re starting to see the Sterling Pound is getting hammered. Aside from that, the GBP also sees significant...

The U.S. Dollar weakened against several currency majors in the Forex as many traders remain baffled by the Dollar's weakness even during a sell-off of U.S. yields. Following the announcement by U.S....

EUR/USD The euro trades in consolidative mode after finding ground above 1.33 support. Near-term price action moves around 1.34 handle, still holding below 1.3443, 01 Aug lower top and breakpoint,...

EUR/USDRisk reward: 1.19Trend: DownSell at 1.3403 SL 1.3435 TP 1.3365USD/JPYRisk reward: 1.00Trend: NeutralSell at 102.17 SL 102.49 TP 101.85GBP/USDRisk reward: 2.09Trend: UpBuy at 1.6772 SL 1.6740 TP...

GBP/JPYDaily Pivots: (S1) 170.56; (P) 171.23; (R1) 171.77; As noted before, the current development suggests medium term topping at 175.36. Intraday bias remains mildly on the downside for 169.53...

Quiet start to the FX week as prices remained near last week's closing prices JPY consumer confidence up from last month but slightly below expectations, at 41.5 vs 42.3 forecast; Tertiary Industry...

We seem to have had a really good forecast for last week Friday with 5 out of the 7 pairs conforming to our predictions. From the US dollar pairs the EUR/USD was the odd one out where it went in the...

GBP/USD bearish extension bias We stated in our last client report Friday that “we see risk thorough the 1.6800 retrace/ impulse low and modest 1.6740 prop” and the break below the higher...

EUR/USD: Now a confirmed bull divergenceThe next attempt higher took place already on Friday (and with the passing of 1.3399 the alternative path, the short term bear triangle, was blocked) and an...

The following are the latest technical indicators and signals for EUR/USD, USD/JPY, and other markets as provided by Danske Bank. Original post

The NZD/USD has lost its shine recently as milk prices have continually been falling, and the result is a touch of the trend line against the EUR/NZD. We should see a bounce lower off it and the carry...

Talking Points:US Dollar Technical Strategy: Holding Long via Support: 10513, 10484, 10456 Resistance:10560, 10606, 10663 The Dow Jones FXCM US Dollar Index may correct lower after rising as...