Forex Opinion & Analysis

For some time now that I’ve been looking closely at the yen’s daily movements. Prices are swinging around a resistance made back in 2007, and it’s interesting to note that so far...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9529, 0.9441, 0.9332 Resistance: 0.9617, 0.9726, 0.9793 The US Dollar continued to sink against the Swiss Franc, with sellers claiming a...

Talking Points:GBP/USD Technical Strategy: Flat Support: 1.5574, 1.5486, 1.5387 Resistance: 1.5700, 1.5788, 1.5929 The British Pound continues to stall at range top resistance below the 157 figure...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7141, 0.7035, 0.6930 Resistance: 0.7206, 0.7271, 0.7352 The Euro continued to recover for a second day against British Pound, hitting the...

Talking Points:USD/CAD Technical Strategy: Flat Support: 1.3054, 1.2956, 1.2798 Resistance: 1.3207, 1.3366, 1.3494 The US Dollar is treading water above the 1.30 figure having corrected downward...

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6443, 0.6261, 0.6114 Resistance:0.6679, 0.6791, 0.6973 The New Zealand Dollar may be forming a double bottom against its US namesake...

Talking Points:GBP/JPY Technical Strategy: Flat Support: 193.07, 191.32, 190.11 Resistance: 194.94, 195.89, 197.10 The British Pound continues to oscillate in a choppy range below the 195.00 figure...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 138.36, 137.86, 137.05 Resistance:139.17, 139.83, 140.48 The Euro continued to recover for a second consecutive day, with prices poised to...

The following is BNP Paribas' (PARIS:BNPP) latest overall FX positioning analysis as reflected, inter alia, in BNPP's clients exposure, IMM data and FX Fund position tracker. "Markets are moderately...

GBP/JPY: GBP/JPY may be consolidating within its broader range, but looks to weaken further towards the 191.93 zone. On the downside, support comes in at the 192.00 level, where a violation will aim...

Chart Prepared by Jamie Saettele, CMTU.S. DollarThe push above the line that extends off of the April-June high negates anything bearish. Watch for support at 11970. A drop below 11918 (treated as the...

At current levels, Bank of Tokyo Mitsubishi is neutral on USD/JPY, seeing the pair trading at 123-125 range in the near-term. "Next week, USD/JPY will likely stay around 124, though Japanese...

On Tuesday, at the GlobalDairyTrade auction dairy prices grew by 14.8% thus giving hope that prices may have stopped their fall. However, poor macroeconomic data, unemployment growth, falling rates...

Key developments in FX todayThe USD was generally on the defensive, though the only notable moves were in EUR/USD and USD/CHF in a very risk off market that saw the euro and CHF rallying broadly. The...