Forex Opinion & Analysis

GBP/USD Open 1.5530 High 1.5591 Low 1.5495 Close 1.5527On Thursday Pound/Dollar decreased with 95 pips. The Cable depreciated from 1.5591 to 1.5495 yesterday, in line with the negative money flow...

Dollar Likely to Find Greater Drive in NFPs than FOMCThe dollar advanced against all of its primary counterparts this past session – a move that contradicted the prevailing risk trend for the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.96; (P) 152.09; (R1) 153.25;Intraday bias in the GBP/JPY turned neutral first. The consolidation from 153.86 could extend with another decline. Below 150.74...

A critical reversal today in EURUSD that entirely rejected the attempt above the 1.3200 level that took place in thin trading yesterday as we saw EURUSD swooping back into the old range post-ECB...

EUR/USDTrading range: 1.3050 - 1.3150Trend: UpwardBuy at 1.3063 SL 1.3031 TP 1.3140USD/JPYTrading range: 97.85 - 98.55Trend: NeutralBuy at 97.96 SL 97.64 TP 98.41GBP/USDTrading range: 1.5505 -...

AUD/USD (daily chart) has dropped to a 1.0220 low in early Thursday trading, retesting the same low that was established just a little over a week ago. This occurs within the context of a short-term...

EUR/USD Open 1.3062 High 1.3219 Low 1.3036 Close 1.3063On Thursday Euro/Dollar decreased significantly with 180 pips after ECB. The European currency depreciated from 1.3219 to 1.3036 yesterday,...

You’ve heard of Government Health Warnings? I think the “H” needs to be changed to a “W.” Yesterday’s premature reversal in the Europeans is beginning to look...

The USD/CAD remains in downtrend from 1.0293. The rise from 1.0051 is likely consolidation of the downtrend; resistance is at 1.0145. As long as this level holds, another fall could be expected after...