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Forex Opinion & Analysis

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Forex4you
EUR/USD: Below Monthly Pivot And Pushing Lower
By Forex4you - Jul 01, 2015

EUR/USD: Not much change here: the pair is still, on balance, in a short-term down-trend, despite Monday's recovery rally making higher highs. With the new month the monthly pivot points have shifted...

ICN.com
Daily Technical Report: July 1st, 2015
By ICN.com  - Jul 01, 2015

GBP/USD GBP/USD has declined slightly, reinforced by moving below SMA20 and SMA50. Failure to hit 23.6% Fibonacci at 1.5755 makes the market attempts to move lower. Breaching through 1.5645 is ...

Lui Andersen
Majors Daily Forecast: July 1st, 2015
By Lui Andersen - Jul 01, 2015

EUR/USDRisk reward: 2.75Volatility: HighDown at 1.1142 Limit 1.1174 Target 1.1054USD/JPYRisk reward: 2.25Volatility: HighUp at 122.44 Limit 122.12 Target 123.16GBP/USDRisk reward: 2.41Volatility: ...

Jason Sen
USD/JPY Drifts Without Clear Direction
By Jason Sen - Jul 01, 2015

USD/JPY holding above 122.35 allows a move towards first resistance at 122.85. If we continue higher, look for stronger resistance at 123.25/35. Sell here, stop 122.50. Target 1 at 122.90 (trail stop...

Admiral Markets
USD/JPY Aiming For 121.50
By Admiral Markets - Jul 01, 2015

USD/JPY aiming for 121.50Monday retail sales in Japan expanded by 1.7 % vs forecast of 1 % increase. Yen also strengthened due to Greece uncertainty and safe haven flows. Technically, the pair reached...

XM
Euro Stable And Markets Calm After Greek Default
By XM - Jul 01, 2015

Greece became the first developed nation to miss a debt payment to the IMF, leading to technical default following its failure on Tuesday to secure a temporary extension of its bailout program. The ...

Dailyfx
GBP/JPY Slowly Inches Downward
By Dailyfx  - Jul 01, 2015

Talking Points: GBP/JPY Technical Strategy: Short at 192.83 Support: 190.91, 187.85, 185.37 Resistance: 192.80, 194.93, 195.87 The British pound is making cautious downward progress against ...