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Forex Opinion & Analysis

IForex Daily : June 11, 2014 By iFOREX - Jun 11, 2015

Investors continue to lock in profits after the recent gains posted in the dollar, causing it to drop to three-week lows on Wednesday, even though it was a quiet trading session free of significant ...

USD/JPY: Yen Gains Most In 7 Months By Dailyfx - Jun 11, 2015

Talking Points: USD/JPY Technical Strategy: Flat Support: 122.36, 121.54, 120.52 Resistance: 123.18, 124.20, 124.83 The US dollar turned sharply lower against the Japanese yen as expected, ...

Chris Capre
EUR/JPY Breaks Key Support Zone By Chris Capre - Jun 11, 2015

EUR/JPY – Corrective Balancing Structure Broken (4hr chart) After ranging for most the month, the EUR/JPY broke the range stalemate taking out the range lows and key support (little bit of a ...

Lui Andersen
Majors Daily Forecast: June 11th, 2015 By Lui Andersen - Jun 11, 2015

EUR/USDRisk reward: 2.72Volatility: HighDown at 1.1321 Limit 1.1353 Target 1.1234USD/JPYRisk reward: 2.25Volatility: HighUp at 122.94 Limit 122.62 Target 123.66GBP/USDRisk reward: 2.84Volatility: ...

NZD/USD Strong Downside Bias After Testing 0.7000 By XM - Jun 11, 2015

The Reserve Bank of New Zealand surprised markets on Thursday by cutting its official cash rate by 0.25% to 3.25%. This was the first cut in four years and expectations of further cuts were raised ...

EUR/GBP: Range Support Back In Play By Dailyfx - Jun 11, 2015

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7261, 0.7221, 0.7182 Resistance: 0.7391, 0.7430, 0.7469 The euro pulled back to test range support above the 0.72 figure against ...

NZD/USD: Prices Drop To 5-Year Low By Dailyfx - Jun 11, 2015

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.7024, 0.6956, 0.6871 Resistance:0.7126, 0.7231, 0.7333 The New Zealand dollar tumbled against its US namesake after the RBNZ issued...

GBP/JPY: Short Position Now In Play By Dailyfx - Jun 11, 2015

Talking Points: GBP/JPY Technical Strategy: Short at 190.74 Support: 189.45, 187.91, 185.42 Resistance: 191.45, 192.99, 195.48 The British pound turned lower against the Japanese yen as ...

EUR/JPY: Decline Below 138.00 Ahead? By Dailyfx - Jun 11, 2015

Talking Points: EUR/JPY Technical Strategy: Flat Support: 137.51, 135.33, 133.56 Resistance:138.86, 141.04, 142.51 The euro broke narrowly lower against the Japanese yen, with positioning ...