Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.87; (P) 153.89; (R1) 155.39;Intraday bias in GBP/JPY remains on the upside for rally towards 156.77 resistance. However, current price actions are viewed as...

The euro is waking up from the summer holiday with a case of altitude sickness and the greenback is strengthening again, as EURUSD may be ready for a full test of 1.3000. Meanwhile, the Reserve Bank...

EUR/USD is trading nicely lower for the last week or so which could be start of a new larger impulsive bearish trend. However, decline from 1.3450 is actually still in three waves so corrective...

INTRADAY CHARTSeptember 3rd:That wasn't too bad an estimate for the Wave [c] / [i] from last week. But, it does look like extending just a bit more to the 61.8% - 76.4% projection in Wave v, right...

GBP/USD Open 1.5543 High 1.5599 Low 1.5503 Close 1.5539On Monday GBP/USD increased with 95 pips. The Cable appreciated from 1.5503 to 1.5599 yesterday, in converse with the negative money flow...

EUR/USDEuro-area factory output expanded at a faster pace than initially estimated in August, driven by resurgence in Italy and Spain, as the 17-nation currency bloc’s recovery began to build...

US ISM Non-Manufacturing PMI is the third of three high impact releases for the NFP week as traders are going to use this release to predict the outcome of the Nonfarm Payroll report on Friday. Here's...

US ADP NFP release is the second of the three high impact releases of the week that has the potential to change the trend of the market during the NFP week. Market is definitely going to pay close...

USD/CHF continues to rise after the recent breakout of the daily Falling Wedge chart pattern identified by Autochartist – as you can see from the following trade opportunity alert for this...

The U.S. Dollar traded mixed on Monday while U.S. markets were closed due to the Labor Day Holiday. The greenback slumped against the Yen during the Asian trading hours and remained relatively high...