Forex Opinion & Analysis

The currency pair GBP/USD has broken through 1.6820 and has 1.6841 before the report on GDP was released. The pair is currently trading near the mark of 1.6791. After the GDP release, the pair got...

USD/JPYOpen 101.82 High 102.12 Low 101.65 Close 101.87On Wednesday the USD/JPY decreased with 55 pips. The currency couple depreciated from 102.27 to 101.71 yesterday, matching the negative money flow...

Talking Points:Japan GDP 1Q P Surpasses Expectations at 1.5% vs 1.0% Expected Yen Rises Versus US Dollar Following Data Release Japanese Yen Remains a Sell Until this Changes Japan’s...

EUR/USD - European Session The attempts to break 1.3700 continued yesterday but the pair failed to stabilize below it which led to halting the downside move. When examening the technical indicators,...

EUR/USD The euro showed not much of the action, as the remains under pressure and consolidation above 1.37 handle and fresh low at 1.3688 is under way. Overall bearish tone keeps the downside...

I'm at full risk capacity, so no new trades today. Keeping an eye on my JPY positions, which I might close out today, as well as GBP/AUD, which might hit my target profit soon.Below you may find...

Talking Points:• The British pound was struck by volatility - as expected - on the release of the BoE Quarterly report • Ahead, interest rate expectations will find updates from US CPI and...

Market BriefJapanese GDP growth is suspected to have improved to 1.5% q-o-q , bringing Japan to 5.9% annualized growth in 1Q preliminary reading, GDP should have stepped to 0.0% in Q1 from -0.3% a...

USD/CAD aims for 1.0813 low and a more bearish theme again.Beginning to roll lower, as we had expected, still capped as we have flagged since Monday by 1.0930/35 and 1.0955/60 resistance to leave...

GBP/USDOpen 1.6766 High 1.6877 Low 1.6742 Close 1.6765 On Wednesday the GBP/USD decreased significantly with 125 pips. The Cable depreciated from 1.6877 to 1.6752 yesterday, in line with the...

GBP/USD bearish bias for 1.6715 and 1.6660A shift from a bullish to neutral to now bearish short-term tone after the significant sell off back from psychological 1.7000.This has been signaled by...

GBP/JPYDaily Pivots: (S1) 170.17; (P) 171.25; (R1) 171.92; Intraday bias in the GBP/JPY remains on the downside for 169.50 support. As noted before, consolidation pattern from 174.84 is expected to...