Forex Opinion & Analysis

Yen In Calm Waters Ahead Of Inflation

Yen In Calm Waters Ahead Of Inflation

Japan has seen inflation move higher, although nowhere near the levels in the US or the UK, which are not…
USD/JPY: Yen’s Permission To Fall Could Bring Record Returns

USD/JPY: Yen’s Permission To Fall Could Bring Record Returns

Japan’s confirmation of ultra-loose monetary policy sets the stage for profitable yen carry-trades as the interest rate differential between Japan…
Australian Dollar Drifting

Australian Dollar Drifting

The Australian dollar had a relatively quiet week, and the limited movement has continued on Monday. There are no Australian…
Chart Of The Day: How To Trade The U.S. Dollar In Today’s Contradictory Market

Chart Of The Day: How To Trade The U.S. Dollar In Today’s Contradictory Market

The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid…
Pound Sterling To Remain Rangebound

Pound Sterling To Remain Rangebound

The British pound has been standing still since Thursday. Even Friday’s data on UK retail sales failed to impact the…
GBP/JPY Begins Wave Three; More Downside Likely

GBP/JPY Begins Wave Three; More Downside Likely

GBP/JPY is currently at 165.99 after a second corrective wave. We have convergence to the downside. We are looking for…
EUR/USD Takes A Breather

EUR/USD Takes A Breather

The major currency pair is neutral early in the week – the asset is trading at 1.0567. EUR/USD is barely…
EUR/USD Tests Key Resistance Trendline; Bias Neutral-To-Bearish

EUR/USD Tests Key Resistance Trendline; Bias Neutral-To-Bearish

EURUSD_27_06_Daily EURUSD opened the week with a muted tone, consolidating its rebound off 5½-year lows marginally below the tough resistance trendline drawn…
USD/CAD Bounces Off A Key Long-Term Resistance

USD/CAD Bounces Off A Key Long-Term Resistance

We’ve spotted a great selling opportunity on the USD/CAD and it’s a great occasion for both the mid and long-term.…
Euro Calm, ECB Hosts Central Bankers

Euro Calm, ECB Hosts Central Bankers

The new trading week kicked off quietly, as there are no European releases on Monday. Not surprisingly, the euro is…
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