Forex Opinion & Analysis

Apr 1: A Technical Recession In Japan's Economy Is IncreasingIntraday Market Moving News and Views (USD/JPY) Apr 01, 2016 03:04GMTThe Markit/Nikkei Final Japan Manufacturing Purchasing Managers Index...

USD/JPY: With the pair halting its weakness on two rejection candles, it now looks to recover higher. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar is trading steady-to-lower against most of the major currencies ahead of Friday’s nonfarm payrolls...

The euro broke through the $US1.14 mark today on the back of data out of the Eurozone and weaker than expected figures from the US.CPI figures from Europe hit the market at 0.1 percent, matching...

The end of the quarter finds the dollar at levels last seen in mid-Oct. 2015. But more relevant, is the fact that the price structure is pressing into a key support zone between 94.30 and 92.60, which...

A choppy month end session, but with the USD losing out once again. GBP pressured on EUR based buying, EUR/USD through 1.1400 also.It was an extremely choppy month end session in FX today, though one...

The 240-minute chart shows a nested wedge rally where the 3rd leg subdivides into a small wedge, and that smaller wedge has a 3rd leg that also subdivides into an even smaller wedge. The EUR/USD broke...

The number of applications for unemployment benefits in the U.S. climbed last week to a two-month high, a sign of more moderate labor-market progress.Initial jobless claims increased by 11,000 to...

NZD/USD has posted slight gains on Thursday, continuing the trend which has marked the pair all week. At the start of the North American session, the pair is trading at 0.6940. On the release front,...

Open 0.9650 High 0.9672 Low 0.9586 Close 0.9647On Wednesday dollar/franc decreased with 80 pips. The European currency appreciated from 0.9672 to 0.9591 yesterday, matching the negative money flow...

GBP/JPYCurrently we are 161.34 continuing a nice downtrend. We are looking to continue to the 0.500 Fibo at 160.46 with an overall target of 159.10. The average daily true range (ATR) for the pair...

The euro is trading at 1.1390 at the moment. The low has traded at 1.1310 while the high has traded at 1.1395. After selling off to touch the low of the day, the euro has rallied back to trade at the...

On Wednesday EUR/GBP managed to strengthen from Tuesday lows. The Euro was supported by strong macroeconomic statistics, released in Germany. According to preliminary data for March, Consumer Price...

Market Drivers for March 31, 2016 Dollar weakness continues UK GDP mixed but better Nikkei -0.71% DAX -0.69% Oil $37/bbl Gold $1237/oz. Europe and Asia AUD: AU Private Sector Credit 0.6% vs. 0.5% EUR:...