Forex Opinion & Analysis

GBP/EUR pushed to fresh 16 month highs in yesterday’s session following an unexpectedly large deterioration in German economic sentiment for the month of May, and further bullish sterling moves...

EUR/USDRisk reward: 2.06Trend: Strong DownSell at 1.3730 SL 1.3762 TP 1.3664USD/JPYRisk reward: 1.19Trend: DownSell at 102.19 SL 102.51 TP 101.81GBP/USDRisk reward: 1.78Trend: DownSell at 1.6871 SL...

EUR/USD The euro remains under pressure, with fresh leg lower, following brief consolidation, probing levels below 1.37, psychological support. Technicals are negative on all timeframes, with price...

Market BriefThe S&P 500 hit the fresh historical high of $1,902.17 in New York yesterday as US retail sales missed the market estimates. Higher conviction on longer period of cheap money boosted...

Talking Points:Dollar Advances on the Back of Its Counterparts British Pound Volatility Risk as BoE Weighs in on Rate Forecast Euro Marks a Key Breakdown On Historically Weak Event Risk Dollar...

GBP/USD Open 1.6827 High 1.6884 Low 1.6817 Close 1.6821On Tuesday Pound/Dollar decreased with 65 pips. The Cable depreciated from 1.6884 to 1.6817 yesterday, in line with the negative money flow...

The Japanese yen, Euro and Swiss Franc remain the weakest currency this week so far. Euro continues to feel the pressure from expectation that ECB would ease further policy in June and fresh selling...

EUR/CHF continues to fall after the recent reversal from the upper resistance trendline of the 4-hour Flag chart pattern that was earlier identified by Autochartist – as can be seen from the...

For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.9362, reversing its initial losses, triggered by soft economic releases from Australia and its largest...

For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.0909.On Tuesday, the Bank of Canada (BoC), in its semi-annual review report, revealed that official agencies in Canada...

For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.8900.In the Asian session, at GMT0300, the pair is trading at 0.8892, with the USD trading 0.09% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 102.24.Yesterday, a report from Bloomberg, highlighted the Bank of Japan (BoJ) officials’ concerns on...

For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.6830.On Tuesday, the BoE Deputy Governor for Financial Stability, Sir Jon Cunliffe urged the Britain banks to...