Forex Opinion & Analysis

In our previous technical comment on the GBPJPY pair , we have suggested potential downside move, reinforced by coverage from SMA20 and SMA50 within the downside Pitchfork channel.The pair has been...

EUR/USDRisk reward: 2.06Volatility: HighDown at 1.0617 Limit 1.0649 Target 1.0551USD/JPYRisk reward: 1.63Volatility: AverageUp at 120.32 Limit 120.00 Target 120.84GBP/USDRisk reward: 2.50Volatility:...

EURUSD – Yearly Lows & Key Support Ahead (4hr chart) Our sell trade recommendation from 1.1025 has continued to pay dividends as the Euro broke the ST range support above 1.07 late last...

Aussie ended the week as the strongest major currency last week as RBA surprised part of the market by keeping interest rate unchanged. But, it was dollar's strength towards the end of the week that...

EUR/USDGreece's finance ministry dismissed while euro zone officials were shocked at Greece's failure to outline plans for structural reforms at last week's talks in Brussels, a German newspaper on...

Looking at the Monday session, there’s nothing on the economic calendar to move the market as far as we can see. With that, the market should be basically a technically driven affair. With that,...

CA Core Retail Sales figure is usually a very tradable release on its own, but when released along with CA CPI and US CPI, then it’s important that we wait for all releases to be announced first...

CA Core CPI is likely a strong high-impact event but since it’s released at the same time with the Core Retail Sales and the U.S. Core CPI release, we’ll have plenty of market volatility,...

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. The most important part of the rate decision is the Press Conference,...

US Core Retail Sales is going to be a high impact release for the USD. Considering the miss in last Nonfarm Payroll Report, today’s release could be on the low side, therefore if we were to get...

UK CPI y/y release could provide some directional push for the Sterling after seeing a volatile market in the past couple of weeks. If we get our tradable deviation, we should see plenty of market...

On Friday, the AUD weakened 0.19% against the USD to close at 0.7681.LME Copper prices rose 0.08% or $5.0/MT to $6055.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1773.0/MT.In the Asian...

On Friday, the USD traded marginally lower against the CAD to close at 1.2584. The CAD gained ground, after Canada’s jobs data surprised on the upside in March.Data indicated that unemployment...

On Friday, the USD rose 0.23% against the CHF and closed at 0.9790.In economic news, Switzerland’s unemployment rate fell to 3.4% in March, in line with market expectations and following a level...