Forex Opinion & Analysis

The Japanese yen is steady on Tuesday, as USD/JPY trades just shy of the 102 line late in the European session. There was good news out of Japan as Corporate Services Price Index jumped sharply...

Draghi Reinforces Easing Expections The low volatility combined with low yields continue with no real end in sight. US yields might be preparing for a rally but with the ECB compressing European...

There has been little negative reaction in the EUR to the outcome of the EU elections, where support for the anti-EU surged. Despite anti-austerity growing, the overall status quo prevails. The better...

Draghi Comments and Ukriane AssaultFX price action was limited in the Asian session as news flow was light. Regional equity markets were lower with the exception of the Nikkei. The Nikkei was up 0.23%...

EUR/USDCurrent level - 1.3645 The rebound after 1.3614 low is corrective, preceding another sell-off towards 1.3560 area. Crucial resistance on the upside lies at 1.3688. USD/JPYCurrent level -...

The EUR/USD continues to trade quietly on Tuesday. In the European session, the pair is trading in the mid-1.36 range. There are no European economic releases on Tuesday, but the...

EUR/USD The price inched higher today but is still limited below Linear Regression Indicator 34 and 55 and below 23.6% correction at 1.3705. Trading below the referred to level keeps the downside move...

Before we begin, it is worth saying that every currency should be purchased or sold on its own merits. However, for the sake of this post, I will be grouping currencies into their regional baskets...

EUR/USDRisk reward: 1.41Trend: DownSell at 1.3659 SL 1.3691 TP 1.3614USD/JPYRisk reward: 1.47Trend: DownSell at 101.99 SL 102.31 TP 101.52GBP/USDRisk reward: 1.75Trend: UpBuy at 1.6856 SL 1.6824 TP...

GBP/JPYDaily Pivots: (S1) 171.48; (P) 171.64; (R1) 171.81; The GBP/JPY recovers further today but stays in range. Intraday bias remains neutral first. Near term outlook is a bit mixed. But still,...

EUR/USD The euro showed not much of the action yesterday and remains negatively aligned overall. However, hourly structure turned positive after extension of near-term recovery rally through initial...