Forex Opinion & Analysis

Markets are set to brace themselves for next week’s slew of tier 1 releases including ECB and OPEC decisions and the monthly jobs report from the USThis week was somewhat of a quieter affair in...

USD/SGD has posted slight gains on Friday, as the pair trades slightly above the 1.41 line in the European session. With no US or Singapore releases on the schedule, it could be an uneventful day for...

NZD/JPY H1 – Trade Analysis At the time of entry, background was weak. Therefore it was ok to look for short trades at that moment. The entry was made after dynamic trend turned from green to...

EUR/USDCurrent level - 1.0590 Yesterday's failure at 1.0640 signals a negative bias, for a further slide towards 1.0520 and 1.0460. Crucial on the upside is...

UK Consumer Continues to Drive the Recovery in Q3While the UK has been seeking a more balanced economy with less reliance on the consumer and the services sector as a whole, this was once again the...

During the Asian session, the markets were quite calm. As long as there are shortened working hours in the US today, the volatility is likely to slow down at the end of the European session. The...

Since half year price moves in downward trend. On last Friday supply break below important support at 131.00 level. Today EUR/JPY drop below 130.00. Nearest target of declines is level 128.80. Below...

The dollar was little changed at an eight month peak against the other major currencies on Thursday, as trading volumes remained thin with U.S. markets closed for the Thanksgiving holiday.The...

USD/JPYUSD/JPY failed to achieve any closings above SMA20 this week, while 123.15-Fibonacci of 76.4%- has played as a hard obstacle that we can depend on to suggest potential downside movements...

EUR/USDToday’s support: -1.0598 and 1.0575(main), where correction is possible. Break would give 1.0546, where correction also may be. Then follows 1.0524. Break of the latter would result in...

Unemployment in Japan dropped to a 20-year low today as the unemployment rate fell from 3.4% in September to 3.1% in October. But it was a mixed picture for inflation as overall CPI rose but core CPI...

USD/CAD moved to a new high recently, but with decreasing momentum based on RSI reading. Notice that there was a strong divergence since end of October, so we assume that pair found a temporary top...

The lingering impact of Mark Carney’s inability to provide a concise timeframe on a UK rate rise has punished the Sterling this week. This single currency continues to face headwinds from the...

For the 24 hours to 23:00 GMT, the AUD weakened 0.44% against the USD to close at 0.7223. LME Copper prices rose 2.77% or $126.0/MT to $4667.0/MT. Aluminium prices rose 2.94% or $42.0/MT to...