Forex Opinion & Analysis

Talking PointsGBP/USD Technical Strategy: Shorts Preferred Dojis Suggest Hesitation From Bulls To Push Higher Daily Close Below 1.6660 Required To Open 1.6550 The GBP/USD’s recovery has stalled...

Talking PointsEUR/USD Technical Strategy: Pending Short Doji Candlesticks Indicates Indecision Near 1.3340 H4 Chart Offered An Early Warning of A Pullback The EUR/USD has succumb to renewed selling...

Talking PointsAUD/USD Technical Strategy: Sidelines Preferred Doji Indicates Bulls Lacking Steam At Nearby Resistance Break of Trading Band Needed To Offer Clearer Signals The Australian dollar...

With the laser like focus of markets now centred on earnings for a hint of when the Bank of England will start normalising monetary policy, some could be forgiven for forgetting the other side of the...

EUR/USD The euro remains in near-term range trading, following repeated stall of attempts at 1.34 Resistanceistance zone, seen yesterday. Near-term studies weakened and trade in the range’s...

The US dollar held onto gains made after being boosted yesterday by upbeat US housing data. Rising US Treasury yields helped buoy the dollar after the NAHB Housing Market index rose more-than-expected...

EUR/USD: Some inter-range selling notedThe pair remains confined to meander insider those 1.3333/1.3433 parameters set some time ago. Yesterday some selling inside those was noted, but a break below...

GBP/USDOpen 1.6722 High 1.6738 Low 1.6694 Close 1.6725On Monday the GBP/USD continued increasing with 45 pips. The Cable appreciated from 1.6694 to 1.6738 yesterday, in converse with the negative...

The Aussie is taking advantage of a downgrade in inflation expectations that has weighed on the Kiwi, pushing the pair towards the upper level of the current channel. The next 24 hours will be crucial...

EURUSD downside extension threatWe stated in our last report that “while below the higher area [1.3433/45], we see bias for a roll back lower to the range into midweek, back to 1.3360/55 and...

GBP/JPYDaily Pivots: (S1) 171.15; (P) 171.41; (R1) 171.81; With 172.57 resistance intact, deeper decline is still expected in the GBP/JPY for 169.53 key support level. Current development suggests...

EUR/USDThe euro pushed lower against the U.S. dollar in quiet trade on Monday, as speculation over fresh easing measures by the European Central Bank continued to weigh, while markets remained focused...

CAD/JPY continues to rise after the recent breakout of the daily down channel that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this...