Forex Opinion & Analysis

The USD/JPY reversed higher in impulsive fashion from 102.80 where we see a completed three wave decline. Three wave moves represent a corrective price action which was mostly the case on this pair...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.95; (P) 170.86; (R1) 171.54; Intraday bias in the GBP/JPY remains neutral at this point. With 173.12 minor resistance intact, the correction from 174.84 is...

EUR/USD The euro consolidates around 1.36 handle, with near-term price action holding within 1.3580/1.3650 range. Larger picture also show the price congested within wider 1.3547/1.3700 range....

EUR/USDTrading range: 1.3635 - 1.3560Trend: DownSell at 1.3622 SL 1.3654 TP 1.3571USD/JPYTrading range: 104.20 - 104.85Trend: UpBuy at 104.31 SL 103.99 TP 104.73GBP/USDTrading range: 1.6350 -...

Our previous forecasts headed in our direction for the most part, especially the EUR/USD, GBP/USD, the oceanic pairs, and EUR/JPY. As we had thought US dollar had mixed sentiments through the day...

The euro has been losing a lot of ground versus the other main currencies, and against the yen it is trying to head back to the support at the 141.00 level. As we can see on the daily chart below, it...

EUR/USDFor the last month or so the euro has steadied and established a trading range roughly between 1.3550 and the present resistance level at 1.38. Over the last week it has rallied up from the...

The European Central Bank (The ECB) in the German city of Frankfurt made a presentation of the updated banknote in the denomination of 10 euros. This bill is the second in a series of "Europe". The...

AUD/USD (daily chart) dropped significantly in Thursday trading, hitting more than a three-year low and dipping under the previous long-term low of 0.8818 that was established just one month ago. This...

Talking PointsUS Dollar Soars to the Strongest Level in 4 MonthsS&P 500 Recovers, Moves to Test 2013 Yearly HighCrude Oil Rises as Expected, Gold Inching LowerUS DOLLAR TECHNICAL ANALYSIS –...

The EUR/USD is showing little movement in Thursday trading, posting modest gains. The pair is trading at the 1.36 line in the European session. In economic news, Eurozone CPI posted a gain of 0.8%,...

CSS Daily FX Update and Outlook for 17th January 2014 Update – US Dollar Index – (unchanged)· A very subdued trading session in the currency markets on Thursday, as inflation...

The euro has slipped about 1.0% against the dollar in the first half of January. Yet, given the divergence of growth and monetary policy, many investors and observers remain puzzled by the euro's...

GBP/USD outlook remains worryingly negative and yesterday's selling opportunity at 1.6435/45 worked absolutely perfectly once again. We then broke 6 month trend line support at 1.6375 which should add...