Forex Opinion & Analysis

EUR/USD: With EUR taking back more than half of its Friday losses on Monday and following through higher on Tuesday, it looks to test its falling trendline at 1.0971. But be cautious ahead of the...

The Japanese yen is subdued on Tuesday, as USD/JPY trades at 120.80 in the European session. On the release front, BOJ Governor Haruhiko Kuroda will speak at an event in Tokyo. As well, Japan will...

The first RBA meeting of 2016 is today. However, unlike the first Tuesday in February 2015, when there were questions of ‘leaking to the press’ to prepare for an unexpected rate cut, 2016...

The euro and British pound traded higher against the greenback Monday. The best performing currency pair was the cable, which experienced a short squeeze and broke through all recent...

EUR/USD is showing limited movement on Tuesday, as the pair trades just above the 1.09 line in the European session. On the release front, German Unemployment Change dropped sharply, coming in at -20...

EUR/USDCurrent level - 1.0910 The intraday bias here is positive, for a rise towards 1.0980 resistance area. Key support lies at...

USD/JPYUSD/JPY has retraced from areas above 121.05 to currently trade in the 61.8% Fibonacci zone, which meets 120.65 as seen on the provided daily chart. Yesterday’s negative candle warns of...

GBP/JPY Daily Outlook Daily Pivots: (S1) 173.00; (P) 174.00; (R1) 175.60; The recovery from 163.96 could extend to 55 days EMA (now at 176.27). But still, we're treating it as a corrective pattern...

Trade Of The Day: CHF/JPY To Test Trend ResistanceTrade Of The Day: Improved risk sentiment and increased market expectations for additional stimulus by several central banks, including the SNB, have...

In the coming period only the article "Ranking & Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to...

Another successful trade from us, as the the GBP/USD dropped and failed to break from the resistance level which we provided on the 26th of January . The pair fell from Our Identified resistance zone...

The dollar extended losses against most major currencies on Monday, after data showed that manufacturing activity in the U.S. contracted again in January, holding near levels not seen since July 2009....

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.58% against the USD and closed at 0.7107. LME Copper prices declined 0.17% or $7.5/MT to $4534.0/MT. Aluminium prices declined 0.62% or...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3952. In economic news, Canada’s RBC manufacturing PMI data rose to a level of 49.3 in...