Currency Analysis & Comment

The GBP/JPY is steadily trading at 151.39, barely down 0.01% as the Asian session kicks in. On Thursday, the cross-currency dipped to a daily low of 1

GBP/USD defends 1.3700, recently picking up bids near 1.3720, during a pullback from 50-SMA. Even so, the cable pair keeps the previous day’s upside m

EUR/USD again fades upside momentum below 1.1750, retreats to 1.1738 at the latest, after rising the most in six weeks. That said, the quote seesaws i

AUD/USD has shot up to fill in the prior day's wick to a 61.8% Fibonacci retracement target and now faces a wall of resistance. The following illustra

The direction of the EUR/USD on Thursday is being controlled by 1.1690.

EUR/JPY advances for the second session in a row and briefly tests the area just above 129.00 the figure on Thursday. Further upside faces interim hur

GBP/USD is bouncing off pivotal support just above the 1.3600 level, as the US dollar keeps shedding ground amid an improvement in the risk sentiment.

EUR/GBP wavers around intraday low close to 0.8580 as European traders brace for the key Thursday, comprising Eurozone PMIs and the Bank of England (B

The USD/JPY pair gained strong positive traction on Wednesday and recovered a major part of its weekly losses recorded over the past two trading sessi

The early direction of the EUR/USD on Thursday is likely to be determined by trader reaction to 1.1690.

AUD/USD is testing the bull's commitments following high volatility on Wednesday. The following illustrates the daily market structure and prospects f

USD/CAD pierces short-term key hurdle to the north as bulls attack 1.2800 threshold, up 0.14% intraday near 1.2795 during early Thursday. In addition

USD/INR is headed towards the 74.00 level after breaking the prior resistance following a build-up for bids since the prior correction of the prior da

NZD/USD bears keep reins while refreshing monthly low, around 0.6985, during the Asian session on Thursday. In doing so, the kiwi pair sellers jostle