Forex Opinion & Analysis

Market CommentaryThe Dollar Index is trading firm at 81.89 above the short term resistance of 81.70; the medium term trend is still range bound between 81.30 and 84.50 ranges with wider swings seen...

The U.S. Dollar traded at a session high versus the majority of its peers following reports which showed that U.S. Core Retail Sales for July climbed at the quickest pace in seven months. According to...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.27; (P) 151.17; (R1) 152.61;The break of 151.31 indicates that pull back from 154.04 has completed at 147.61 already. Intraday bias is back on the upside....

USD/SGD continue climbing following the bounce of 1.262 yesterday. The rally was halted by the newly formed Channel Top, but instead of trading lower seeking Channel Bottom out, prices continued to...

Dollar Extends Rebound with USDJPY Rallying Through 97.50It seems that the greenback’s move Monday to end its longest slide in over two-and-a-half years was more than just a one-off tick higher...

GBPUSD August risks still higher (despite setback)As we have previously stated “a modest corrective erosion to start the week, but we would look for modest support at 1.5330/20 to hold on any...

We saw a good bounce yesterday in EUR/JPY. The strength has continued into the early part of this session and currently we are seeing a previous reaction high of 130.49.We need to see if we can hold...

Spot Gold – Hits Major level and Pulls Back As we’ve been writing for over a month now, Gold has bottomed hitting a major technical target this week on Monday, touching the 1345 level...