Forex Opinion & Analysis

EUR/USDAt the start of the week, attention turned to the Eurozone CPI estimate given the concerning outlook for inflation in the area, however, this came in line with expectations of 0.5% and saw the...

Forex News and Events: It has been a big Thursday for the EUR-complex. As widely expected, the ECB kept the policy rates unchanged at the historical low levels; the main refi rate at 0.15%, the...

It's a quiet day in the currency markets on Friday, as the US markets are closed for the Fourth of July holiday. The GBP/USD continues to trade in the mid-1.71 range in the European session....

There has been an uptick in intraday volatility since yesterday's US employment situation release. However, the depth and breath of these market moves have been held in check, mostly on the back of...

EUR/USDCurrent level - 1.3590 The slide from 1.3700 is still intact and with yesterday's break through 1.3610 dynamic support the bias here is negative, for a sell-off towards 1.3502 low. Initial...

No change. Cable is looking a little under pressure at the moment and the inability to break higher yesterday has put a bit of pressure on the downside. 1.7135 is the key this morning on the GBP/USD...

The EUR/USD continues to point downwards on Friday, as the pair has dropped below the 1.36 line. There was plenty of action on the release front on Thursday, as the ECB held the course...

The GBP/JPY breakout appears to have confirmed a bullish triangle, so we appear back en route to 179 target. Originally I had been calling for an Inverted H&S continuation pattern to target...

Looking at yesterday’s payrolls announcement it is difficult to find a bad readout within it. 288,000 jobs were created in June, up from a revised 224,000 in May. April’s initial reading...

EUR/USD - European Session The pair dropped yesterday and is still limited above 1.3580 - 1.3570, but is currently trading below Linear Regression Indicator 34 and Stochastic and RSI became clearly...

GBP/JPYDaily Pivots: (S1) 174.19; (P) 174.49; (R1) 174.99; The persistent break of 174.84 resistance indicates that the larger up trend has resumed. Intraday bias remains on the upside. Current rally...

EUR/USD The euro is under increased pressure and probes below 1.36 support, mid-point of 1.3511/1.3699 ascend / daily Kijun-sen line, after brief 1.3600/20 range consolidation. Yesterday’s...

EUR/USDRisk reward: 1.59Trend: DownSell at 1.3610 SL 1.3642 TP 1.3559USD/JPYRisk reward: 1.44Trend: UpBuy at 102.00 SL 101.68 TP 102.46GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.7180 SL...