Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 164.21; (P) 165.18; (R1) 166.41 Intraday bias in the GBP/JPY remains neutral for some more consolidations above 163.87 temporary low. Upside of recovery should...

EUR/USD The euro holds neutral near-term tone, fluctuating within three-day range, with spikes above range tops showing lack of strength for more significant action higher and attempt at pivotal...

GBP/USD is having a quiet day, as the pair trades in the low-1.63 range in Thursday's North American session. As expected, the Bank of England held the course with the QE and interest rate...

The initial bias did not play out but we have fresh opportunities as we now sit on the secondary trendline, awaiting the market to show its hand.CHF/JPY MEDIUM-TERM: Beneath 50 DMA and seeking...

GBP/USD Open 1.6322 High 1.6345 Low 1.6250 Close 1.6305On Wednesday the GBP/USD decreased with 85 pips. The Cable depreciated from 1.6345 to 1.6250 yesterday, in line with the negative money flow...

The EUR/AUD was one of the easier trends to trade leading up to the end of 2013. While our 1.55 target was achieved easily it could not quite stretch to 1.60. Since selling off for the past 2 weeks we...

January Nonfarm Payroll numbers will be announced by the Bureau of Labour Statistics on Friday, February 7, 2014 at 1:30PM GMT. While forecasts for this month’s number range from 175k to 185k,...

EUR/USD marks time into ECB; still points lower to 1.3400Marking time thus far this week, digesting the significant erosion last week, which signalled a still better topping structure.We stated last...

Our previous forecasts were close to what we had thought possible, especially the EUR/USD, USD/CAD, AUD/USD and EUR/JPY. As expected the US dollar was towards the weak side and Japanese yen also let...

The FOMC’s decision to wind down its QE program by the end of the year is lifting the greenback not only because it’s signalling to investors an end to the Fed’s currency...

AUDUSD – Largest 1 Day Gain Since JuneAfter a more hawkish stance from the RBA, the AUDUSD hard its largest 1 day gain in over 6 months, gaining 2% on the day on Feb. 4th in a massive...

Over the last few days the GBP/USD has been able to steady and hold ground above the support level at 1.6250 and rally a little back towards 1.6350. Over the last week the pound fell sharply and...

EUR/USD Open 1.3533 High 1.3556 Low 1.1.3497 Close 1.3531On Wednesday the EUR/USD increased with 60 pips. The european currency appreciated from 1.3497 to 1.3556 yesterday, not matching the negative...

Risk-correlated currency NZD/USD enjoyed the improved risk appetite in Asian markets today, climbing up from a low of 0.819 during the US session to a recent high of 0.8248. This, however, should not...