Forex Opinion & Analysis

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9701. In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 108.92. In economic news, Japan’s Eco Watchers survey for the current situation index...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4446, after the Bank of England (BoE) in a widely expected move left benchmark interest rate...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1378, after the Euro-zone’s industrial output fell sharply for the second consecutive...

USD/JPYThe USD/JPY has moved to the downside once again, re-testing SMA20 at 108.55 zones before moving higher again in the last hour. We will be neutral now to see whether the pair will clear the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 156.04; (P) 157.00; (R1) 157.61; The consolidation pattern from 151.64 is still in progress and could extend. Another rebound might be seen but upside should...

USD/JPY bears waiting for better re-entry levels Original post

EUR/USD with interesting buying opportunities below Original post

The EUR/USD was playing in a range between 1.1345 and 1.1445 in the past two days as the US dollars strengthen. The EUR/USD failed to cut 1.1460 and breakout on stronger comments from Fed policymakers...

The US dollar moved higher in Friday’s Asian session as it was boosted by hawkish comments from Fed policymakers overnight. The greenback extended yesterday’s gains to advance against most...

GBP/USD trading at 1.4425/20 as I write and a break below 1.4400 risks a retest of 100dma support at 1.4355/50 today with important trend line and Fibonacci support at 1.4340/30. Try longs within this...

Technical analysis of a 4-hour time frame chart spanning 6 months for the USD/JPY shows the pair attempting a bullish reversal from its bottom at 105.546. Thus far, it has almost completed a 23.6%...

Yesterday’s Trading:By the end of Thursday, the euro/dollar had closed up. On the one hand, the close of the day was at 1.1375: a positive thing for the sellers, for them to continue the fall to...

Consumer Spending Has Been Weak But Forecast Calls For Growth The U.S. dollar is losing momentum ahead of the release of retail sales data on Friday, May 13 at 8:30 am EDT. The economic indicator has...