Forex Opinion & Analysis

The Australian dollar is showing limited movement on Tuesday, as AUD/USD trades at 0.6960 in the European session. On the release front, Australia will release the quarterly CPI report. In the US,...

Will the trend upwards resume?The Australian dollar has corrected upwards from its recently hit 7-year low amid increase in global oil and commodity prices. On Wednesday the 4Q 2015 inflation data...

EUR/USDWill it break out after the FOMC rate announcement and Janet Yellen’s speech or will we see the dollar strengthen once again? 1.08 is very well supported up to now despite any news that...

EUR/USD, is almost unchanged on Tuesday, as the pair trades at 1.0840 in the European session. In economic news, there are no Eurozone releases on the schedule. In the US, today’s highlight is...

The GBP/USD pair is trading below its downward trend line on a 4 hour time frame. This confirms that the trend is skewed towards the downside. Moreover, the price is also trading below the 50 and 100...

EUR/JPY: With the cross following through higher on Monday, EUR/JPY eyes more strength on correction. Support comes in at the 128.00 level where a break will aim at the 127.50 level. A turn below here...

London Forex Report: Another Crude Collapse, Risk Reverses.London Forex Report: Another crude collapse, as oversupply concerns continued to dominate despite the slight recovery to the $30/barrel...

AUD/JPY has been trading as planned, breaking the lower corrective trend line and resulting in nice impulsive manner. Because we can count five waves within this downfall from 90.74 we expect a new...

For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.6949. LME Copper prices declined 0.31% or $14.0/MT to $4454.0/MT. Aluminium prices declined 1.17% or $17.5/MT...

For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CAD and closed at 1.4277. In the Asian session, at GMT0400, the pair is trading at 1.4283, with the USD trading marginally higher from...

For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 1.0124. In economic news, Switzerland’s total sight deposits inched up to CHF472.4 billion in the week ended...

For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 118.58.In the Asian session, at GMT0400, the pair is trading at 118.16, with the USD trading 0.15% lower from...

For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4248. On the economic front, UK’s CBI business optimism index climbed to a level of by -4.0 in January,...

For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.0852. In economic news, Germany’s IFO business climate data declined more than expected to a level of 107.3 in...