Forex Opinion & Analysis

EUR/GBP holding above first support at 7355/7350 re-targets 7376/80 then resistance at 2 week highs of 7408/16. A break higher this week targets 7425/30 then 7440/44. If we continue higher, look for...

AUD/USD first resistance at 7305/10 but above here re-targets minor resistance at 7330/35. We are overbought but shorts need stops above 7345 with a break higher to target 7360/63 then...

The GBP/USD pair is trading in a downward wedge pattern on a 4 hour time frame. As long as the price is trading within this pattern the bias remains towards the downside. The price is also trading...

Today, AUD/USD significantly fell as it was pressured by publications of poor macroeconomic statistics in Australia and China. The AiG Performance of Mnfg Index for December in Australia fell from...

AUD/JPY - attempt of break below the lower limit of the flag patternSince August, AUD/JPY moved in a flag pattern. Flag is a pattern of trend continuation, which means that price should break below...

Happy new year everyone and what a start we have as the first trading day finds markets open in deep red and dollar getting a good beating as USD/JPY signals risk off.EUR/USD This pair is mostly...

The dollar traded higher on the last day of the year on Thursday, at the end of a year which saw the greenback post gains of almost 9% against the other major currencies, boosted by the diverging...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7289. LME Copper prices declined 0.28% or $13.0 /MT to $4702.0 /MT. Aluminium prices rose...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9998. In the Asian session, at GMT0400, the pair is trading at 0.999, with the USD trading 0.25%...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 120.20. In the Asian session, at GMT0400, the pair is trading at 119.72, with the USD trading...

Market Drivers January 04, 2016 Shanghai down 7% creates massive risk aversion in market EZ, UK PMI bit lower than expected Nikkei -3.06% Eurostoxx -2.43% Oil $37/bbl Gold $1071/oz Europe and AsiaCNY:...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.47% against the USD and closed at 1.4740. In the Asian session, at GMT0400, the pair is trading at 1.472, with the GBP trading 0.1%...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.0868. In the US, initial jobless claims rose to a nearly six-month high level of 287.0K in the...

The currency pair is currently oscillating between 1.10 and 1.08. During the last week of 2015, it failed before 1,10 and fell directly around 1,0850.A surge on the euro after the Asian session...