Forex Opinion & Analysis

USD/JPY is on the move upwards in Friday trading. The pair is trading in the mid-99 range in the European session. On Wednesday, the dollar tumbled after the minutes from the most recent Federal...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.21; (P) 149.92; (R1) 150.91;Recovery from 147.10 has completed at 153.01 already. Intraday bias remains on the downside for 147.10 support. Break will...

So the bears have spoken – AUD/USD tanked spectacularly after hitting the 0.93 resistance yesterday. Price rallied from the low of 0.910 due to Bernanke’s dovish talk on Wednesday, which...

So far, markets are happily steady in the aftermath of the ‘big’ Bernanke market spike this week and before key Chinese GDP data over the weekend. Most investors would happily take...

The EUR/USD pair has formed a symmetrical triangle pattern on a 30 minute time frame. If this pattern does break out towards the upside it could easily push the price towards the yellow rectangle...

The euro gained around 350 points following the release of the FOMC’s most recent policy meeting, which showed that Federal policymakers were split over tapering QE. The dollar continued to post...

The U.S. dollar was on the chopping block for a second day through to Thursday, as the fallout from the FOMC minutes continued to eat away at the currency’s run to multi-year highs. Speaking to...

The noise of Wednesday’s Fed minutes and Bernanke’s subsequent Q&A session continued to dominate investors’ thinking yesterday with the USD falling to its weakest level in...

Friday’s trading session was quiet compared to previous sessions, with most currency pairs remaining in a tight range apart from the Japanese currency pairs with the USD/JPY hitting a high of...

NZD/USD recently broke up above the resistance trendline of the daily Falling Wedge chart pattern identified by Autochartist – as you can see on the following trade opportunity alert for this...

General Market Commentary: After Wednesday’s record-breaking rally, we shifted our sentiment to bearish on the U.S. dollar. Of course the recent Bernanke-inspired rally was the first...

The U.S. Dollar plunged to the lowest price in close to three weeks against the Euro as Federal Reserve Chairman, Ben Bernanke, stated that there was need to maintain the current monetary easing...