Forex Opinion & Analysis

The euro has been struggling in a range for some time. From the daily chart below of the Currency Shares Euro Trust, (FXE), the price action has been consolidating in a ‘W’ like pattern,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.33; (P) 169.91; (R1) 170.88; The GBP/JPY continues to engage in sideway trading in range below 171.88 and intraday bias remains neutral. On the upside,...

The USD/JPY has formed a V bottom on a 60 minute time frame. However, the general trend is still the side pattern and the price is still consolidating between the 102.68-100.92 zone and only a break...

The gradual, but continual, tempering of tensions around the situation in Ukraine is allowing risky assets to continue their broad relief rally this morning. Equities have twisted higher across the...

This technical analysis report is based upon a trade opportunity taken from Autochartist’s Market Reports. USD/CHF recently reversed up from the lower support trendline of the 4-hour Down...

MARKET SNAPSHOT: NYLON ROUNDUP (New York - London) ​ Tensions eased over Ukraine as US offer them $1bn in guaranteed loans, and use of their experts to help with security INDICES: SP500 printed...

USD/JPY Open 102.17 High 102.30 Low 101.41 Close 102.19On Tuesday the USD/JPY increased with almost 50 pips. The currency couple appreciated from 101.81 to 102.30 yesterday, matching the positive...

Yesterday we have seen a relief rally both in stocks and other riskier assets as the tensions in Ukraine have eased at least momentarily. However is still far from settled and so everybody remains...

EUR/USD Daily Analysis: We did see a bounce off of 1.3725 as forecast, but we feel ok about removing our buy limit given the volatility caused by the Ukraine situation. If the conflict escalates we...

The U.S. dollar advanced after Monday’s economic releases revealed that the Manufacturing Index gained more than anticipated in February, while Personal Consumption rose in January, signaling...

For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.8958.LME Copper prices rose marginally by $2.5/MT to $7035.0/MT. Aluminium prices advanced 0.7% or $12.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD to close at 1.1088.In the Asian session, at GMT0400, the pair is trading at 1.1092, with the USD trading marginally higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.8874.In the Asian session, at GMT0400, the pair is trading at 0.8875, with the USD trading slightly higher from...