Forex Opinion & Analysis

Yesterday's price development has proved to be unsuccessful for breakout traders as both major currency pairs traded sideways without any sign of a clear trend. The euro marked a short-term support at...

Market BriefPolitical risk rise in EM Risk appetite came solidly back in the Asian session after a choppy US equity session. The positive sentiment was supported by Chicago Fed President Evans whose...

The Australian dollar has posted gains on Tuesday, after losing ground in the Monday session. AUD/USD is trading at 0.7340 in the European session. On the release front, we’ll get another look...

EUR/USD: With EUR/USD continuing to weaken extending its downside pressure on Monday, further decline is envisaged. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level...

Yet another test to EUR/USD symmetrical triangle resistance Inverse head and shoulders pattern break on GBP/NZD Head and shoulders within head and shoulders on EUR/GBP Original Post

GoldGold price confirmed to break 1268.70 level after it closed the daily candlestick below this level, to activate the negative effect of the double top pattern that appears in the image. As we...

Market Drivers for May 10, 2016 UK Trade Data beats on headline Aso jawbones the yen Nikkei 2.15% DAX 1.07% Oil $44/bbl Gold $1268/oz. Europe and AsiaCNY: CPI 2.3% vs. 2.3%EUR: GE Current Account...

USD/JPY has posted considerable gains on Tuesday, continuing the upward trend which marked the pair on Monday. The pair is trading at the 109.20 line in the European session.On the release front,...

USD/JPY: Yen Is Weakening After Verbal Warnings From TokyoFinance Minister Taro Aso said Japan will intervene in the currency market if "one-sided" yen rises last long enough to hurt its economy. It...

On the US Dollar Index daily chart we are observing a big sideways pattern since the start of 2015. It has slow and overlapping price action, which is a personality of a contra-trend movement.We are...

EUR/USD continues to show little movement this week, as the pair is trading slightly below the 1.14 line in Tuesday’s European session. In economic news, German Industrial Production declined...

With some major UK data scheduled over the next couple of days, sterling is at a crossroads and getting squeezed with a break either side imminent.Should it break into the Blue Zone , would consider...

AUD/USD INTRADAY CHART May 10th: The past week has given us clues to the downside, although we haven't yet found the (brown) Wave c / iii. However, while the 0.7450 area (approx.) caps, the downside...

London Forex ReportMarkets remained in risk-off mode in the absence of major economic releases as last Friday’s soft headline payroll data continued to stir concerns over the timing and pace of...