Forex Opinion & Analysis

EUR/AUDCurrently we are 1.4915 on a support in a nice channel. We are looking for the support break and then continuation to the double bottom at 1.4797 with a further target to the 1.4695. The...

Forex News and EventsBCB released its quarterly inflation forecast (by Arnaud Masset) Yesterday, the Brazilian central bank (BCB) released its quarterly inflation report and updated its inflation and...

Market Drivers for June 29, 2016 EUR lower AUD higher Abe spokesman warns response will be swift to any moves in FX Nikkei 1.59% DAX 1.29% Oil $48/bbl Gold $1322/oz. Europe and AsiaGBP: UK Mortgage...

The still increased volatility from the Brexit vote makes it difficult to find relatively safe set-ups that moves away from the risk theme. Take a look at one...

USD/JPY is unchanged on Wednesday, following gains which marked the Tuesday session. The pair is trading at 102.70. On the release front, Japanese Retail Sales posted a sharp decline of 1.9%, missing...

Wednesday June 29: Five things the markets are talking aboutThe Brexit “bad” seems to be temporarily put on hold as market participants question whether a new financial crisis is about to...

The euro is unchanged on Wednesday, following gains in the Tuesday session. EUR/USD is trading at 1.1060. In Brussels, EU leaders are meeting for a second day, with the Brexit referendum high on the...

AUD/NZD climbed as high as 1.1332 in March, but thing did not go very well for the bulls, who lost control and allowed the bears to sink the pair to 1.0408 as of June 9th, 2016. Just as it was all...

The euro and the British pound posted a modest recovery yesterday while the yen weakened against the dollar following two days of intense selling. Without a follow through here, the recovery is likely...

EUR/USD retests strong resistance at 1.1110/20 as I write over night and again topped exactly here. We have dipped to 1.1065/60 and could continue lower to support at 1.1035/25. Longs need stops below...

Sterling has a steadier day, but future still uncertainUK markets had a semblance of stability yesterday as sterling licked its wounds after failing to break post-Brexit lows for the first time since...

The dollar recovered slightly from losses against other major currencies on Tuesday, as the release of upbeat U.S. data boosted optimism over the strength of the economy, lending support to the...

Global stocks attempted a strong rebound yesterday as the immediate shock of the UK vote to leave the EU appeared to dissipate. However, risk sentiment was still very weak as the pound made only a...

GBP/USDDespite the overall negativity, GBP/USD pair is trying to rise, taking advantage of failure breaching down 1.3105 support level previously. Moreover, ADX indicator did not prove positivity,...