Forex Opinion & Analysis

Talking Points GBP/JPY Technical Strategy: Flat Support: 177.26, 176.01, 175.01 Resistance: 178.03, 179.28, 180.56 The British Pound turned lower anew against the Japanese Yen, recoiling from...

Talking Points EUR/JPY Technical Strategy: Flat Support: 128.00, 126.85, 125.69 Resistance:129.32, 131.05, 132.51 The Euro turned downward against the Japanese Yen as expected following the...

The EUR/USD pair is trading below its downward trend line on a 30-minute time frame. This confirms that the trend is towards the downside. Moreover, the price is also trading below the 50 day and 100...

GBP/USD broke beneath 1.4740 which confrimed the end of a triangle placed in wave (4) so we see lower levels ahead. Notice that decline from 1.4973 is also very strong and sharp; a clear impulsive...

EUR/USD The euro remains under pressure and establishes under 1.07 handle, following yesterday’s acceleration that ended day in long red candle and closed below former trough at 1.0711, posted...

EUR/USDThe euro fell below 1.07 on Tuesday, although Greece fulfilled an obligation to repay a EUR 450 million loan to the International Monetary Fund. The euro continued its decline against the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.7696.LME Copper prices declined 0.08% or $5.0/MT to $6050.0/MT. Aluminium prices declined 0.08% or $1.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2586.The CAD lost ground, after building permits in Canada unexpectedly dropped 0.9%, declining for the second...

For the 24 hours to 23:00 GMT, the USD strengthened 0.34% against the JPY and closed at 120.54.In the Asian session, at GMT0300, the pair is trading at 120.56, with the USD trading marginally higher...

For the 24 hours to 23:00 GMT, the GBP fell 1.15% against the USD and closed at 1.4712.Yesterday, the BoE’s rate-setting Monetary Policy Committee opted to keep the interest rates unchanged at a...

For the 24 hours to 23:00 GMT, the EUR declined 1.13% against the USD and closed at 1.0664, as investors shrugged off Germany’s positive industrial and trade surplus data.In economic news,...

The popular CFTC COT report is indicating record non-commercial EUR shorts but other metrics are not as clear, notes Deutsche Bank (XETRA:DBKGn)."Although the latest net short EUR/USD futures position...

Much of BNP Paribas' (PARIS:BNPP) analysis over the past year has been focused on modifying the standard relative nominal yield framework for FX to account for unconventional central bank easing."We...

Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy. US dollar was sidelined while Japanese yen had weakened. British pound, Canadian dollar pairs are...