Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 168.49; (P) 169.26; (R1) 169.87;A temporary top is in place at 170.05 and intraday bias is turned neutral first. Near term outlook stays bullish as long as...

EUR/USDTrading range: 1.3725 - 1.3800Trend: NeutralBuy at 1.3739 SL 1.3707 TP 1.3789USD/JPYTrading range: 102.95 - 102.30Trend: NeutralSell at 102.81 SL 103.13 TP 102.3 GBP/USDTrading range: 1.6455 -...

GBP/USD Open 1.6455 High 1.6468 Low 1.6417 Close 1.6439On Tuesday Pound/Dollar traded within 50 pip range. The Cable appreciated from 1.6417 to 1.6468 yesterday, in line with the positive money flow...

Market CommentaryMost of the FX majors are trading strong against the Greenback, wherein the Euro retested is approaching last month’s high of 1.3800 ranges; the Cable is continued appreciating...

Dollar Drops but Trend Hopes are Fleeting Euro Rally Against Dollar Longest in a Year Yen Cross Slip, But Reconsider Reversal Calls Dollar Drops but Trend Hopes are Fleeting The Dow Jones FXCM Dollar...

Occasionally I like to look at and write about what I view as favourable trade set-ups. This year, I have only documented a few, however most of them have had a good record, even if timing was not...

Our previous forecasts headed in our direction for the most part, specially EUR/USD, USD/CHF, NZD/USD and EUR/JPY. Yesterday the US Dollar weakened and Japanese Yen Strengthened against many pairs....

GBP/USD for Wednesday, December 11, 2013The GBP/USD has started the week very well moving strongly back up towards the resistance level at 1.6450 however over the last 24 hours or so it has run into a...

AUD/USD for Wednesday, December 11, 2013The AUD/USD has been able to continue its positive signs in showing some resilience as it moves higher to a one week high above 0.9150. After all of its steady...