Forex Opinion & Analysis

Commodity currencies extended yesterday’s gains into Tuesday’s Asian session as oil prices recouped most of their losses following the failure of talks on Sunday by major producers to...

EUR/USDRisk reward: 1.44Volatility: AverageBuy at 1.1318 SL 1.1286 TP 1.1364USD/JPYRisk reward: 1.75Volatility: AverageSell at 109.12 SL 109.44 TP 108.56 GBP/USDRisk reward: 2.09Volatility: HighBuy at...

Following lower oil prices yesterday, the markets opened on a weak note but soon recovered as USD/JPY managed to pull back strongly after a brief stint near the 108 level. However, the unfolding...

Yesterday’s Trading: Due to a restoral of oil prices and a weakening of the USD, the euro/dollar on Monday lifted to 1.1331. Trades ended at 1.1312. The oil market pretty much fully found a way...

At the end of the previous week, the euro corrected slightly up from its local lows. The pair managed to gain positions amid the weakness of the US currency which lacks support from the Federal...

GBP/JPY Daily OutlookDaily Pivots: (S1) 153.34; (P) 154.51; (R1) 156.53; Intraday bias in GBP/JPY remains neutral for consolidation above 151.64 temporary low. In case of another recovery, upside...

Britain would be “permanently poorer” if voters choose to leave the EU, George Osborne has warned, as a Treasury study claimed the economy would shrink by 6% by 2030, costing every...

GBP/USD trend line resistance at 1.4280 today with a high as I write at 1.4292 so a break above 1.4300 opens the door to 1.4320/25 and 1.4345/50. If we continue higher look for important 2.5 month...

That was a tough old day. It was always touch and go but my outlook was based on what I had considered ‘a not deep enough pullback’ in the Dollar Index. To be honest, any follow-through in...

GBP/USD: Although having followed through higher on Monday, further bullishness is likely. On the downside, support lies at the 1.4250 level where a break will turn attention to the 1.4200 level....

Key Highlights· US dollar opened lower against the Japanese yen this week with a gap, but climbed back higher and closed the gap. · The USD/JPY pair is now back above the 100 and 200...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After the Doha meeting of oil producers, the Canadian dollar should be trading much lower but instead of falling, the loonie...

It’s been said that “History waits for no one,” and that saying seems rather fitting right about now, when there’s upon us what many, myself included, are calling a trading...

The dollar weakened against its peers today on thin volume traded as the market remained on edge following an unsuccessful attempt by the world’s major oil producers to halt output and as weak...