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Forex Opinion & Analysis

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ORBEX
EUR/USD Forms A Base; More Upside In GBP/USD By ORBEX - 16 hours ago

EUR/USD has been trading flat at the 1.114 level of support, which could indicate a retracement on a break above 1.120. The upside remains limited, with the resistance at 1.138 - 1.140 proving hard to...

GCI Financial
BOC Leaves Interest Rate Unchanged At 0.5% By GCI Financial - 17 hours ago

For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD to close at 1.3029. The Canadian dollar gained ground after the Bank of Canada (BoC) held its benchmark interest rate steady ...

GCI Financial
Japanese Yen Trading Higher This Morning By GCI Financial - 17 hours ago

For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 110.15. In the Asian session, at GMT0300, the pair is trading at 109.61, with the USD trading 0.49% lower ...

Al Brooks
EUR/USD: Sell Climax At Support By Al Brooks - 18 hours ago

The EUR/USD daily chart has fallen in a series of 4 consecutive sell climaxes and is in a support zone. This means that it can bounce at any time. However, the bear channel from the the May 3 high ...

Matthew Ashley
Cable May Be Set To Plummet By Matthew Ashley - 18 hours ago

The cable has been recovering strongly from its latest tumble but could be set to plummet, given a nascent double top pattern, which is forming on the daily chart. Additionally, as the pair reaches a ...

ForexTime
Global stocks rally on Fed hike hopes By ForexTime - 18 hours ago

Stock markets surged with ferocity during trading on Tuesday following the incredible US new homes sales report, which reinforced expectations over the Federal Reserve raising US rates in Q2. American...

Ian Copsey
FX Pairs Are Busy Going Nowhere By Ian Copsey - 20 hours ago

… and it’s most certainly a crime… I’d like to be very happy, but… everything takes a time… (which, for the more youthful, is a song from “A Connecticut ...

Kathy Lien
British Pound Moves On Short Covering By Kathy Lien - May 25, 2016

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. One of the best-performing currencies this month, this week and even on Wednesday is sterling. The British pound climbed to its...

Erik Swarts
USD: All Dressed Up But Nowhere To Go By Erik Swarts - May 25, 2016

In difficult times, fashion is always outrageous – Elsa Shiaparelli Trenched for severe weather, we’ve all donned the thick wooly coat at times. Oversized and tailored for the apocalypse, ...

Talking Forex
Another Ramp Up In GBP By Talking Forex - May 25, 2016

Another ramp up in GBP, taking out 1.4660/65 in cable and .7600 against the EUR. CAD fighting back as BoC less dovish on wildfires impact. The usual suspects have been providing the volatility in FX ...