Forex Opinion & Analysis

USD/JPY is trading quietly in Wednesday trading. In the European session, the pair is trading slightly below the 99 line. The markets are awaiting the FOMC Statement later on Wednesday. In economic...

EUR/USD is showing little activity in Wednesday trading, as the markets eagerly await the Federal Reserve’s FOMC Statement later in the day. The pair continues to trade in the mid-1.33 range in...

Kiwi dollar continues to look bullish despite this morning’s slight setback after hitting a 4 month high yesterday. This rally continues the bullishness of last week following RBNZ’s...

This evening will see the Federal Reserve conclude its most recent 2 day meeting and with it, probably reduce the amount of stimulus that they are pumping into the US on a monthly basis. Most...

Asian markets moved higher ahead of the much-anticipated outcome of a U.S. Federal Reserve policy meeting. Expectations are that the Federal Open Market Committee will be measured with any cuts to its...

GBP/CAD continues to fall after the recent reversal from the top of the 4-hour Flag chart pattern that has been identified by Autochartist – as you can see from the following trade opportunity...

Anticipation over an upcoming Federal Reserve announcement at the conclusion of its two-day meeting kept the U.S. Dollar from strengthening on Tuesday. The greenback was only able to advance versus...

GBP/USDThe pair is trading along a sideways trend.A downtrend will start as soon as the pair drops below support level 1.5880, which will be followed by moving down to support level 1.5800 and then...

EUR/USDThe pair is still sable above 23.6% correction at 1.3290 and above Linear Regression Indicators. The RSI is trading above line 50 in a bullish bias forcing us to think that the current bullish...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.30; (P) 157.72; (R1) 158.05; In the intraday bias in the GBP/JPY remains neutral for some more consolidations below 158.54 temporary top. But, the downside...

Market CommentaryAhead of the Fed meeting today, the Dollar Index is trading at 81.13 near the critical support of 80.50. Most of the FX majors are trading in narrow range, further direction can be...