Forex Opinion & Analysis

USD/JPYAfter being stopped by 118.85 resistance and finding support above 117.75 earlier, USD/JPY has been trapped between these levels, creating wide sideways range as seen on the provided daily...

London Forex Report: Risk sentiments got a lift from a rebound in oil prices in hopes of production cut that could help reduce supply glut. Major stocks and US treasuries also advanced amid...

EUR/USD is showing marginal movement on Wednesday, as the pair trades at 1.0870 in the European session. In economic news, German Consumer Climate posted a strong reading of 9.4 points, within...

The dollar held steady against the other major currencies on Tuesday, even after the release of strong U.S. consumer confidence data as investors remained cautious ahead of the Federal Reserve’s...

For the 24 hours to 23:00 GMT, the AUD rose 0.66% against the USD and closed at 0.6995. LME Copper prices rose 1.06% or $47.0/MT to $4501.0/MT. Aluminium prices rose 0.03% or $0.5 /MT to...

For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CAD and closed at 1.4122.In the Asian session, at GMT0400, the pair is trading at 1.4130, with the USD trading a tad higher from...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the JPY and closed at 118.41. In the Asian session, at GMT0400, the pair is trading at 118.13, with the USD trading 0.23%...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.4345. Yesterday, the BoE Governor, Mark Carney, indicated that the decision of the US Fed to tighten...

GBP/JPY Daily OutlookDaily Pivots: (S1) 167.89; (P) 168.94; (R1) 169.59; Intraday bias in GBP/JPY remains neutral for the moment. The consolidation from 163.96 short term bottom could extend with...

The Australian dollar was given a lift from stronger-than-expected inflation figures. Australian CPI rose by 1.7% year-on-year in the fourth quarter of 2015. This was above expectations of 1.6% and an...

GBP/USD keeps moving higher as expected, now already in third leg of recovery after wave B) completed a pullback near 1.4174. There is room for more upside ahead, as wave C) can make the same distance...

EUR/USD 1HYesterday’s Trading:My euro expectations were fulfilled on Tuesday. The euro updated its maximum against the USD during European trades, dropping to 1.0818 and then returning to...

The Chinese central bank has managed to instill some order in both onshore and offshore RMB markets, but at what cost? The amount of intervention that was induced severely strains only the future at...

EUR/USD has recently shown down Reversals across the different timeframes. In M30, where the rating setting 7 is working best for quite some time now, a down reversal was seen 1 hour ago. Going down...