Forex Opinion & Analysis

The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down...

The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%.Retail Sales Misses EstimateThe UK release retail...

GBP/JPY is in the red today, not far from its recent highIt continues to hover inside a rectangle structureMomentum indicators are in waiting mode for the next key eventsGBP/JPY is trading lower today...

The British pound is having a quiet week and that trend has continued on Thursday . In the North American session, GBP/USD is trading at 1.2450, down 0.04%.Will UK retail sales improve?The UK release...

The Japanese yen is almost unchanged on Thursday. In the North American session, USD/JPY is trading at 154.44, up 0.03%.It’s a light data calendar today. US unemployment claims were unchanged at...

Bearish:  Currently we are at 1.9345 in a well built channel.  IF we can break support here, we are looking to continue to the ATR target @ 1.9262 with a further target the 1.270 Fibo @...

The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of...

The Australian dollar has stabilized on Wednesday, after a 2.2% decline over the past three days. In the North American session, AUD/USD is trading at 0.62254, up 0.37% but remains close to five-month...

The British pound has rebounded after sliding 2.1% over the past week. In the European session, GBP/USD is trading at 1.2461, up 0.28%.UK Inflation Drops to 3.2%Inflation in the UK continues to...

Recent macro data fueled a strengthening of the US dollar against the British pound. Fed Chairman Jerome Powell's remarks yesterday added more fuel to the fire. Amidst disappointing UK labor...

Last week's "Chart of the Day" highlighted the JPY futures (6J) as they were breaking down through wedge support. This has taken place, and now intervention talk is louder than ever. As this has...

Bearish:  Currently we are at 91.07` in a channel.  IF we can break slope support here, we are looking to continue to the ATR target @ 90.46 with a further target the Day chart bottom @...

GBP/USD could be impacted significantly by UK CPI data this week Iran-Israel tensions at forefront GBP/USD outlook bearish as US dollar likely to remain supported on dips The GBP/USD pair bounced off...

The British pound dropped 0.30% after today’s UK employment report but has recovered most of these losses. In the European session, GBP/USD is trading at 1.2452, up 0.05%.UK Job Growth Slides,...