Forex Opinion & Analysis

The dollar remained moderately higher against the other major currencies on Tuesday, after the release of mixed U.S. economic reports, as investors turned their attention to the release of the minutes...

GBP/USD making a break below important trend line support at 1.4165/55 for a sell signal to target 1.4100 then 4-week lows at 1.4055/50. Buying here looks risky and if we continue lower look for...

EUR/USD minor support at 1.1370/60, but better support again at 1.1330/25 is the most important of the day. Longs need stops below 1.1315 with further losses to target a 2nd buying opportunity at...

EUR/GBP may have just ended the 4.5 month rally. Failure to hold above last week's high at 8020 targets 8000, then first support at 7965/60. A good chance of a low for the day and from here we may...

AUD/USD first resistance at 7556/60 on this bounce, but stronger resistance at 7580/90 could see a high for the day. Shorts need stops above 7605. A break higher targets minor resistance at...

USD/JPY closing below 110.40 is a sell signal and re-targets 110.05/00 then 109.60/50, 109.10/05 and perhaps as far as 108.85/80 this week. From trend line resistance at 110.50 up to March lows at...

USD/JPY rises as risk appetite firms in AsiaUSD/JPY fell to 14-month lows at 109.95 yesterday on BOJ negative interest rate policy. Japanese yen gained support as Kuroda said that he will keep...

USD/JPYThe USD/JPY has adopted a favorable reaction to the negative signs appearing over daily studies, and that is why it closed below the key level of 110.70. RSI is now very close to oversold...

The GBP/USD pair is trading near its minor support zone (1.4107-1.4051) on a 4 hour time frame. The price is trading at 1.4125 which is below the 50 and 100 day moving averages (shown in yellow and...

EUR/USDRisk reward: 1.66Volatility: AverageSell at 1.1379 SL 1.1411 TP 1.1326USD/JPYRisk reward: 5.63Volatility: HighSell at 111.57 SL 111.89 TP 109.77 GBP/USDRisk reward: 2.78Volatility: HighSell at...

The yen rose sharply on Tuesday as risk aversion set in and comments from the Japanese prime minister added further support to the currency. Speaking to the Wall Street Journal, Prime Minister Shinzo...

USD/CHF is back at the lows so obviously bears are still here but not far away from completion as we see red wave C) in final stages. This wave C) is part of a second zigzag that is now trading close...

Sentiment towards the global economy was dealt a numbing blow during trading on Tuesday following the International Monetary Fund’s (IMF) gloomy outlook on global growth which consequently...

Much stronger day in Asia.First positive read in three days, and a rejection of falling through 4900 points - positive, however one day doesn’t make a trend (but still). The Trade day AUD...