Forex Opinion & Analysis

USD/JPY: Market Activity Should Be Low This WeekBank of Japan board member Takako Masai said on Monday she was worried about sudden swings in financial markets that could be caused by a high degree of...

EUR/USD has started the new trading week with gains, erasing Friday’s losses. Currently, the pair is trading at the 1.0640 line. On the release front, there are no economic indicators in the...

EUR/CHFToday’s support: - 1.0665 and 1.0651 (main), where correction is possible. Break would give 1.0631, where correction also may be. Then follows 1.0617. Break of the latter would result...

The dollar rose to its highest level since April 2003 against a basket of the other major currencies on Friday, amid a rally driven by the U.S. presidential election and expectations that the Federal...

GBP/JPY Daily OutlookDaily Pivots: (S1) 135.67; (P) 136.63; (R1) 137.86; With 134.97 minor support intact, intraday bias in GBP/JPY stays on the upside for 138.81 key resistance level. As noted...

A quiet weekend of news has seen the USD finally see some profit taking and even some whispers of “a meaningful technical correction.” However, before we get too carried away, I thought it...

For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3504 on Friday. The Canadian Dollar gained ground, after Canada’s seasonally adjusted consumer price index...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 1.0093 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0097, with the USD trading slightly higher...

For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2360 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2339, with the GBP trading 0.17% lower...

For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.0597 on Friday, after comments from the European Central Bank (ECB) President, Mario Draghi intensified prospects...

The US dollar index posted one of its strongest gains having shown little to no pullback in the rally that saw the dollar index rise above the 100 psychological level. With a slow and short trading...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0679 2nd Resistance: 1.0713 1st Support: 1.0614 2nd Support: 1.0555 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of the...

A strong rally on USD/JPY last week above 106.00 suggests that market is in a bigger and more complex recovery which can be wave B of a higher degree as shown on a daily chart. If that's the case then...

EUR/USD Drifts Lower as Political Risks EmergedEUR/USD opened Monday's trading sessions with an-opposite-bullish-trend after 12 bearish consecutive sessions. The pair has been cornered by strong US...