Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.51; (P) 182.02; (R1) 182.60; Intraday bias in GBP/JPY remains neutral for the moment. As long as 180.64 minor support holds, further rise is expected. As...

Talking Points: USD/JPY Technical Strategy: Flat Support: 119.35, 118.78, 118.02 Resistance: 120.79, 121.55, 122.31 The US dollar continued to retreat for a third consecutive day against the...

Talking Points:US Dollar Technical Strategy: Holding Long Support: 11737, 11688, 11638 Resistance:11799, 11837. 11899 The Dow Jones FXCM US Dollar Index is on pace to test April’s swing bottom...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.1247, 1.1178, 1.1040 Resistance:1.1359, 1.1450, 1.1541 The Euro continued to recover against the US Dollar after a brief pause to...

EUR/USDThe euro rose over 1.5 percent against the dollar and hit $1.13710, its highest level in roughly 10 weeks after a rise in European yields drove demand for the euro and weak U.S. ADP National...

The dollar dropped further against most major currencies on Wednesday, after data from ADP showed that U.S. non-farm private employment rose less than expected in April, increasing worries about the...

It’s not every day that different time frames set up reversal structures, but that is just what looks to be happening on the USD/CAD pair. The H1 and daily charts are both showing reversals of...

EUR/USD – Buy Trade Setups Profits Heavy, Still Bullish (1hr chart) As we talked about 2 days ago in the daily members commentary and yesterday, we felt the EUR/USD scenario was bullish ST and...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7914, 0.7865, 0.7786 Resistance:0.7993, 0.8057, 0.8121 The Australian Dollar is probing above the 0.80 figure anew having bounced upward...

Talking Points: Australian Dollar Little Changed after Jobs Data Unemployment Rate 6.2% vs 6.2% expected Australia lost 2.9K jobs in the month of April The Australian Dollar remained little changed...

Today’s Binary Options Trading Strategy: • Currency Pair: USDJPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.57% against the USD to close at 0.7967.LME Copper prices declined 0.15% or $9.5/MT to $6400.5/MT. Aluminium prices rose 0.26% or $5.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2038, after the ADP reported that job creation in the US decelerated in April.The CAD traded on a stronger footing,...

For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CHF and closed at 0.9163, after the private sector employment in the US advanced less than expected in April.In the Asian session, at...