Forex Opinion & Analysis

GBP/USD Cable consolidates fresh gains on Friday, when the price peaked at 1.6223 and corrective pullback being established above 1.6140, consolidative floor. However, downside risk persists, as...

EUR/JPY The pair continues to trend higher after last Friday’s corrective pullback found footstep at 133.59. Regain of 134 handle and break above previous peak at 134.17, would open way towards...

EUR/USD The euro ended week in the positive tone, closing just below psychological 1.37 barrier that was cracked last Friday. Annual high at 1.3710 remain in immediate focus, with break here to...

The currency markets opened today after the weekend with no big surprises and minimal volatility in this first Asian session of the week. The dollar continues to trade depreciated against a basket of...

CHF/JPY recently broke the “neckline’ of the 4-hour Inverse Head and Shoulders chart pattern that was previously identified by Autochartist – as you can see from the following trade...

The U.S. Dollar remained weak and traded at the lowest price in close to nine months as risk aversion declined in the markets on speculation that the central bank will delay its plans to cut back on...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.81; (P) 158.24; (R1) 158.48;Intraday bias in the GBP/JPY remains on the upside as rebound from 154.72 continues. Further rally could be seen to 159.98 and...

EUR/USD accelerated to the upside in the last few weeks and touched 1.3700 few days back which means that pair is trading extremely close to January high so it seems that rally from 2012 low is still...

THIS WEEKSo bit of an odd week this week with NFP now on Tuesday, which could put us in a rather odd month end situation.Following the resolution in the US we have seen the US dollar push further...

EUR/GBP capped by the 32.8% fib level and has drifted lower. We can see further weakness this session with 8434 looking to entice. Initially cover all shorts to here - re-sell then on a break of 8425....