Forex Opinion & Analysis

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...

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....

THE MARKET GIVETH AND THE MARKET TAKETH AWAY – It is just remarkable how risk assets have been so well supported in recent weeks despite some unnerving headwinds. Unfortunately, I have been...

Flagged GBP/USD surges through 1.6120, aims through 1.6255 for 1.6382Despite a cautious tone on an approach to the 1.6255 Sept peak, the Thursday surge higher signalled a constructive bias within a...

EUR/JPY is maintaining strength and we are looking at this pair trading higher to recent highs of 134.21. Here we would suggest you cover all longs and attempt shorts looking for a short term double...

USD/JPY is still below trend line support but did hold our 9750/55 support on Friday giving us a good average on longs from 9820. Our rising trend line today is located at 9832 and this is where we...