Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 154.15; (P) 155.40; (R1) 156.29; Intraday bias in GBP/JPY remains on the downside. Down trend fro 195.86 should target next long term fibonacci level at...

The dollar was little changed near five-and-a-half month lows against the other major currencies on Thursday, after upbeat U.S. jobless claims data as the minutes of the Federal Reserve’s March...

It has been a relatively rocky ride for the venerable cable over the past few weeks as the talk of a Brexit continues to impact the currency. However, despite some of the recent selling, the pair is...

USD/CADWe discuss both technical and fundamental pros and cons for this sell trade set-up, on the daily chart.

London Forex Report: FED and ECB Central Bank Chiefs stress caution over global risks and the implied uncertainties over the world economy and financial conditions which remain substantial and warrant...

Time to take a breathA tough week is coming to an end; the yen remains strong and the largest drop in 2 months on US stock markets have continued to drive sentiment into the dirt. Through the Asian...

Yesterday’s Trading:The euro/dollar on Thursday closed down. The euro weakened against the US dollar after the publication of minutes from the ECB’s March meeting. The minutes indicated an...

EUR/USDRisk reward: 2.06Volatility: HighBuy at 1.1348 SL 1.1316 TP 1.1414USD/JPYRisk reward: 2.56Volatility: HighBuy at 108.57 SL 108.25 TP 109.39 GBP/USDRisk reward: 3.06Volatility: HighBuy at 1.4040...

The great JPY-funded carry trade unwind has started and is not yet complete, suggesting JPY is staying in demand. Price activity ahead of this weekend will tell us about the Street's positioning....

The financial markets were remarkably unmoved during trading on Wednesday evening despite the dovish bias of the FOMC meeting minutes which swiftly discounted any surviving expectations of a US...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.19% against the USD to close at 0.7511. In economic news, Australia’s foreign exchange reserves rose to A$64.3 billion in...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3144. In economic news, Canadian building permits rebounded above expectations by 15.5% MoM, in...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9563. In economic news, Switzerland’s foreign currency reserves advanced to a level of...