Forex Opinion & Analysis

USD/JPYUSD/JPY has soared as anticipated in the U.S. session updates published yesterday where it succeeded in hitting 114.00 levels after clearing 113.25 zones earlier. Stability above SMA20-green-...

GBP/JPY Daily OutlookDaily Pivots: (S1) 156.93; (P) 158.22; (R1) 160.31; Intraday bias in GBP/JPY remains neutral for consolidations above 154.70 temporary low. Recovery should be limited by 166.07...

London Forex Report: Despite the slew of weak manufacturing prints, markets appeared to be lifted by continued rebound in oil prices. We saw broad-based softening in Markit and Nikkei manufacturing...

EUR/AUD moved down to 1.5000 level as expected, so some may think that pair can be bottoming. Well, a closer look of the wave count on the hourly chart looks like an ongoing impulsive decline in wave...

The dollar rose to fresh one month highs against the other major currencies on Tuesday, after the release of upbeat U.S. manufacturing activity data added to optimism over the strength of the economy....

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.37% against the USD and closed at 0.7176. LME Copper prices rose 0.45% or $21.0/MT to $4726.0/MT. Aluminium prices declined 1.91% or...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9974. In economic news, Switzerland’s manufacturing PMI unexpectedly rose to a level of...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.49% against the JPY and closed at 113.99. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.07%...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0868, following mixed economic data in the Euro-zone. Data showed that Euro-zone’s...

The US dollar surged past 114 yen yesterday as US data continued to surprise on the upside. The ISM manufacturing and the Markit manufacturing PMI both beat expectations in February, raising the...

The Australian dollar has risen sharply today, breaking back through the US72c mark on the back of better than expected GDP data.At 7.55am (GMT) the Aussie dollar was trading at US72.29c up from...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was also published this week. Besides this analysis and the corresponding chart I also provide the forex...

Following yesterday’s better than expected ISM manufacturing PMI, the US dollar has managed to strengthen, albeit briefly. Prices remain cautious ahead of Friday’s nonfarm payrolls....

The risk rally of the last few days is still pushing on. Commodities and commodity related currencies lead the charge, with AUD and CAD trending strongly. EMFX follows them, mainly with EURXXX...