Forex Opinion & Analysis

USD/JPY Open 97.94 High 98.43 Low 97.57 Close 98.08On Wednesday Dollar/Yen traded within the narrow 55 pip range. The currency couple appreciated from 97.85 to 98.43 yesterday, matching the positive...

The pair is trading along an uptrend. The uptrend may be expected to continue while pair is trading above support level 1.3280, which will be followed by reaching resistance level 1.3350.A downtrend...

GBP/JPY Daily OutlookDaily Pivots: (S1) 151.32; (P) 151.94; (R1) 152.71;Intraday bias in GBP/JPY remains mildly on the upside for the moment. Rise from 147.61 is extending the consolidation pattern...

Improved employment situation sends pound higher. The pound gained ground against the US dollar and the euro following Wednesday’s release of minutes from the Bank of England as the Unemployment...

Spot Gold ended near-term correction that found support at 1315, Fibonacci 38.2% of 1272/1343 upleg, with fresh strength approaching 1347 barrier. Break here is required to resume larger recovery...

Near-term price action moves lower, as the upside attempts were capped at 1.1456, keeping the 1.1500 barrier intact for now. Fresh slide tests bull-trendline off 1197 low, also 50% retracement of...

The pair’s hourly tone improves, as the pullback from 0.9220 top finds temporary support at 0.9080 zone, Fibonacci 38.2% of 0.8846/0.9220,and subsequent bounce retraces over half of...

Dollar Slips Despite Worst US Equity Drop in Six WeeksThe benchmark Dow Jones Industrial Average posted its biggest drop in six weeks Wednesday and closed at its lowest level in five weeks, yet there...