Forex Opinion & Analysis

JPY is being quiet at the moment, however we are still of the opinion that dips should be bought. As long as we can remain trading above 10135/30 there is scope for the market to have quite a large...

Market CommentaryThe Dollar Index (DX) trading at 79.80 ranges with medium term support is seen at 79.00 ranges; Dollar weakness may extend on weekly close below 78.70 ranges else the medium term...

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3837 SL 1.3805 TP 1.3889USD/JPYRisk reward: 1.72Trend: DownSell at 102.03 SL 102.35 TP 101.48GBP/USDRisk reward: 2.31Trend: Strong UpBuy at 1.6829 SL 1.6797...

EUR/USD The Euro holds positive near-term tone off fresh low at strong 1.3789 support, as the price stabilizes above 1.38 higher base, supported by daily 20SMA / Tenkan-sen line. Recovery attempts...

Cable (GBP/USD) bull theme re-energizingWe stated in our last report to clients on Wednesday that “we look for the 1.6625 level to hold this week to provide a platform for a push back higher,...

GBP/USD Open 1.6796 High 1.6838 Low 1.6718 Close 1.6793On Wednesday Pound/Dollar increased with 105 pips. The Cable appreciated from 1.6718 to 1.6823 yesterday, in line with the positive money flow...

I suspect we are nearing the end of the sideways correction on GBP/JPY which means the bullish run will resume. We can see the bullish channel continues to hold and have come to respecting the lower...

EUR/USDLess than two years after ECB President Mario Draghi deemed it necessary to pledge unlimited support for the euro-area’s most-indebted countries, investors that rejected those markets...

GBP/USD continues to rise after the recent breakout of the daily key resistance level 1.6680 that was previously identified by Autochartist – as you can see from the following trade opportunity...

The AUD/USD is a market that I've been watching closely the last few months, because it is currently displaying beautiful, stable trending conditions. I am definitely only looking for buying...

For the 24 hours to 23:00 GMT, AUD strengthened 0.32% against the USD to close at 0.9373.LME Copper prices declined 0.5% or $30.0/MT to $6600.0/MT. Aluminium prices rose 0.9% or $16.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at 1.0%...

For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8814. However, dovish comments from the Fed Chief, Janet Yellen, kept the greenback’s gains in check.Meanwhile,...

For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21.In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from...