Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 172.75; (P) 172.97; (R1) 173.24; GBP/JPY continues to stay in right range above 172.36 support and intraday bias remains neutral for the moment. On the...

The euro continues to lose ground on Wednesday, as the EUR/USD trades below the 1.34 level in the European session. On the release front, it's a busy day, with three key events out of the US - Advance...

The world of forex is once again in slow motion leading up to the first Friday of the new month, a Judgment Day of sorts. No, Armageddon is not in the near term, and the Book of Revelations never...

EUR/USD: Should extend losses below 1.34There is nothing in the dailies nor in the intradailies indicating that buyers are about to grab the initiative. On the contrary, the move lower is orderly and...

USD/JPYOpen 102.09 High 102.24 Low 101.80 Close 102.10On Tuesday the USD/JPY increased with 35 pips. The currency couple appreciated from 101.80 to 102.16 yesterday, matching the positive money flow...

EUR/USD The Euro cracked psychological 1.34 support after full reversal of 1.3475/1.3992 bull-leg and break below main bull-trendline, drawn off 1.2042, July 2012 low, commenced fresh phase lower, as...

It is difficult to understand how the GBP/USD has sharply transitioned from registering a new 5-year high (1.7189) to recording eight days of successive losses for the first time since May 2010. The...

GBP/USDOpen 1.6944 High 1.6995 Low 1.6932 Close 1.6941On Tuesday the GBP/USD decreased with 60 pips. The Cable depreciated from 1.6995 to 1.6932 yesterday, in line with the negative money flow...

The Euro has been stuck falling on the charts for sometime now, and there looks to be no avail for the currency, which has had its fair share of ups and downs in the most recent times. Many have long...

The New Zealand dollar has taken an absolute beating as of late, as markets thrashed it in the wake of Reserve Bank of New Zealand (RBNZ) comments and weak commodity data. This was further confirmed...

USD/JPY positive range theme aims higher; risk of shift to more bullish toneWe have stated in client reports this week that “within the range, the risk is skewed higher this week, for 102.00 and...

GBPJPY – Forming Coiling PA + Series of Inside Bars For the last 8 days, the GBPJPY has been coiling in a very small range of about 60 pips, forming several inside bars in a...

Talking Points:USD/CAD Technical Strategy: Long at 1.0811 Support: 1.0780, 1.0736, 1.0699 Resistance: 1.0875, 1.0952, 1.1029 The US dollar advanced as expected against its Canadian counterpart after...