Forex Opinion & Analysis

The dollar remained lower against most other major currencies on Monday, as declining expectations for a U.S. rate hike before the end of the year continued to add pressure on the greenback. Minutes...

USD/JPYThe USD/JPY pair is presently showing bearish tendencies again within the triangle pattern. All what we need is a breakout below 119.60 and preferably 119.40 to affirm the mild bearish...

Since September 29 EUR/GBP moves in a downward channel. The upper limit of the channel was already tested three times. Lower limit of the channel two times. Today price has rebounded from the level...

GBP/JPY Daily OutlookDaily Pivots: (S1) 183.85; (P) 184.27; (R1) 184.60; Rise form 180.64 is seen as the third leg of the consolidation pattern from 180.36. Further upside would be seen, possibly for...

The AUD/USD pair is trading above its upward trend line on a 4 hour time frame. The pair is trading below its 50 day moving average shown in yellow colour but above its 100 day moving average- shown...

EUR/USD is trading higher at the moment after the price broke above the trendline connected from 1.1714 swing high. Usually when this happens it suggests two things; first that trend is changing or...

Good morning. Hope all is well! We have had an average forecast for yesterday with a 57% accuracy on our predictions. We did take a mixed stance for the day. The US dollar was sidelined through the...

EUR/USD Daily Analysis: EUR/USD continued to rise, in line with our forecast of 1.1350 (on Friday), but never dipped down to our buy entry limit at 1.1250. We remain short-term bullish above our...

For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.3002. In the Asian session, at GMT0300, the pair is trading at 1.3057, with the USD trading 0.42% higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9626. In economic news, Swiss total sight deposits remained unchanged at a level of CHF465.3 billion in the week ended...

For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 120.02. In the Asian session, at GMT0300, the pair is trading at 119.83, with the USD trading 0.16% lower from...

For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.5343. In the Asian session, at GMT0300, the pair is trading at 1.5312, with the GBP trading 0.21% lower from...

For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.1356. In economic news, current account surplus in France recorded a reading of €0.20 billion in August,...

Today’s NZD/JPY chart follow’s on from yesterday’s look at EUR/JPY, with both pairs poised precariously at resistance.Using the Correlation Matrix in the Vantage FX MT4 SmartTrader...