Forex Opinion & Analysis

Traders’ focus today will be on ECB and BoE: The news had little impact on the dollar in yesterday’s session, which weakened throughout much of the day against the G10. The British pound...

As I mentioned in our last FX Update yesterday, today and tomorrow will see a number of critical calendar risk events. As I did with USDJPY yesterday, I now provide a thorough EURUSD technical outlook...

The Bank of Japan (BoJ) meeting was a relative non-event, with the monetary policy committee voting unanimously to keep policy unchanged and again upgrading its assessment of the economy. After a try...

AUDUSD had a nice rise through the 0.9000 level earlier this week on better China data, but the recent batch of Aussie data might limit the upside. I still think AUDUSD will be a good bid on the dips...

The Indian rupee has bounced back from hitting a record low against the US dollar. Indian stock markets were also up today (September 5th) after the country's new central bank chief took over in the...

EUR/USD - European SessionThe pair’s attempt to the upside yesterday remained limited below 1.3230 levels then stabilized again below 38.2% correction at 1.3185 as shown on graph. Stochastic is...

USD/JPY Open 99.75 High 100.13 Low 99.30 Close 99.69On Tuesday the USD/JPY increased with 50 pips. The currency couple appreciated from 99.30 to 99.83 yesterday, matching the positive money flow...

AUD/NZDThe cross maintains positive near-term structure off 1.1433, 29/08 higher low, part of broader recovery from 1.1260 higher platform and rally from 1.1197 low. Fresh extension higher broke above...

AUD/USDThe pair continues to trend higher on a near-term recovery rally off of the 0.8890 double-bottom, with fresh high being posted at 0.9187. The price penetrated into a daily cloud, with near-term...

USD/JPYThe pair maintains a positive tone, and as the price comes tick away from the psychological barrier at 100 yen. A break here to resume larger rally from 96.80 higher low and expose barriers at...

GBP/USDCable holds positive near-term tone, as fresh gains through the 1.5600 barrier posted a new high at 1.5646, 76.4% retracement of 1.5716/1.5427 downleg. This marks the last barrier on the way...

EUR/JPYThe cross maintains a positive near-term tone as the price broke higher following brief 131.46/130.63 congestion. A fresh high was posted at 131.80, just ahead of 132.00, trendline resistance,...