Forex Opinion & Analysis

Market BriefThe BoJ maintained the pace of its annual monetary base increase unchanged at 80 trillion yen, while the core inflation (at 0-0.5% range) is seen as depressed. Japan FinMin Aso mentioned...

GBP/JPY Daily OutlookDaily Pivots: (S1) 179.07; (P) 179.63; (R1) 180.47; Intraday bias in GBP/JPY remains on the downside for 175.49 support. Break will extend the fall from 189.70 to 168.10 key...

EUR/USD The euro came under pressure and reversed to 1.0550 zone, after yesterday’s short-covering acceleration stalled at 1.0618, keeping intact pivotal 1.0635 hourly lower platform and...

The EUR/USD pair has recovered and pulled back into support and resistance from the S3 monthly pivot at 1.0583. The down-trend remains intact, even on a very short-term time-frame, despite the recent...

EUR/JPY possible inverted 3 buddha bottomEUR/JPY has formed an inverted head and shoulders pattern which can become inverted three buddha bottom on next swing down. POC1 comes at 128.10-05 zone (...

On the belief that tomorrow night’s Federal Reserve meeting may see a Fed Chair push back against some of the more forthright expectations of an interest rate rise within the coming months, the...

The dollar moved lower against most major currencies on Monday, as investors continued to lock in profits from the recent rise to 12 year and after disappointing U.S. data reduced optimism over the...

KEY DATA RELEASES TODAY (GMT) :1000 EUR German ZEW Economic Sentiment 58.9 v 53.0 1000 EUR ZEW Economic Sentiment 58.2 v 52.7 1000 EUR Final CPI y/y -0.3% v -0.3% 1230 USD Housing Starts 1.05M v 1.07M...

The Australian dollar has found a slight bit of support after posting a 6 year low recently. This has resulted in a consolidation that is likely to break lower and continue the bearish trend. The...

Talking Points:Improving German ZEW Survey Data Unlikely to Offer Support to the Euro NZ Dollar Gains on Risk Appetite as Asian Stocks Follow Wall Street Higher The German ZEW Survey of analyst...

Today’s Binary Options Trading Strategy:• Currency Pair: AUD/USD • 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 0.18% against the USD to close at 0.7643.LME Copper prices declined 0.12% or $7.0/MT to $5853.0/MT. Aluminium prices rose 0.97% or $17.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.2775.In the Asian session, at GMT0400, the pair is trading at 1.2791, with the USD trading 0.12% higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 1.0076. The Swiss Franc lost ground, after Switzerland’s real retail sales dropped 0.3% YoY in January, following...