Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 185.22; (P) 185.56; (R1) 185.92; Intraday bias in GBP/JPY remains neutral for the moment. Further rise is still expected and above 186.12 will target 190...

Commodity currencies ended as the weakest major currencies in a holiday shortened week following the selloff in commodities. In particular, WTI crude oil slumped to 4 year low as OPEC decided to keep...

EUR/USDA relatively calm week is behind us and an eventful week ahead of us. Investors will be focused mainly on the ECB meeting (Thursday) and the U.S. non-farm payrolls data (Friday). We have also...

EUR/USDA relatively calm week is behind us and an eventful week ahead of us. Investors will be focused mainly on the ECB meeting (Thursday) and the U.S. non-farm payrolls data (Friday). We have also...

AUD/USD opened the week with a gap lower at 0.8465 after closing on Friday above the key 0.8500 level. The trend is bearish and technical indicators suggest the downside bias is still in progress. The...

US Dollar advanced against the euro and major currencies as low inflation rate in eurozone has increased demand for greenback. Besides, Oil and commodities prices decline may lead to intensify the...

Talking Points: Aussie Dollar Sinks on Chinese Deposit Insurance Scheme, Soft PMI Report British Pound May Decline as Weak News-Flow Undermines BOE Outlook US DollarVulnerable if ISM Pullback...

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...

On Friday, the AUD weakened 0.25% against the USD to close at 0.8506.Over the weekend, data from Australia indicated that the nations’ AiG performance of manufacturing index expanded to a level...

On Friday, the USD rose 0.73% against the CAD to close at 1.1423.In economic news, Canada’s GDP rebounded 0.4% on a monthly basis in September, at par with market expectations. The GDP had...

On Friday, the USD rose 0.11% against the CHF and closed at 0.9657. The Swiss Franc lost ground after Switzerland’s KOF economic barometer unexpectedly slid to a reading of 98.7 in November,...

On Friday, the USD strengthened 0.75% against the JPY and closed at 118.76.In the Asian session, at GMT0400, the pair is trading at 118.92, with the USD trading 0.14% higher from Friday’s...

On Friday, GBP fell 0.60% against the USD and closed at 1.5630.On the macro front, the UK’s seasonally adjusted Nationwide house prices advanced 0.3% on a monthly basis, posting its...

On Friday, the EUR declined 0.12% against the USD and closed at 1.2445.In economic news, German retail sales rose 1.9% on a monthly basis, marking its biggest rise since June 2011 in October....