Forex Opinion & Analysis

AUD/JPY - rebound from important resistanceAfter dynamic falls in August, AUD/JPY did not deepen established lows. Even more upward movement is getting stronger. Demand has exceeded the fibo 61,8%...

AUD kicked off the day with the most notable move of this Thanksgiving holiday, with the currency seeing a bout of softness after Australian Capex widely missed expectations (Private Capital...

USD/SGD has posted slight gains on Thursday, as the pair trades slightly under the 1.41 line in the North American session. US markets are closed for the Thanksgiving holiday, and there are no...

After breaking above the descending channel that it has traded within for more than a year, the Australian dollar has failed to gather much momentum against the greenback and once again appears to be...

Source: GrowthAces.com

The release of the meeting minutes from the Federal Reserves October meeting confirmed the hawkish market expectations, moving the needle on the implied probability pricing of a move to around the 77%...

A rising US dollar and falling commodity prices should continue to pressure the Australian dollar at least for the next few years. Similar declines are playing out across the commodity market. Aussies...

EUR/USD: EUR/USD consolidates with corrective risk following a halt in its broader weakness on Wednesday. This is coming on the back of its long-tailed candle formation at the end of Wednesday's...

U.S markets are closed today for Thanksgiving and will shut early tomorrow. Despite the shortened trading week, dealers and investors have had a plethora of U.S data to consider that could convince an...

As expected, EUR/USD is drifting in light trade on Thursday, as US markets are closed for the Thanksgiving holiday. In the European session, the euro is trading just above the 1.06 line, as the...

GBP/USD – Looking to reverse shortsGBP traded slightly stronger overnight, having found support above three week lows around 1.5050 levels. But GBP remains vulnerable on diverging monetary...

Data flow was heavy yesterday as some US data was brought forward in lieu of Thanksgiving holiday today. While there were pockets of weakness in the barrage of US data overnight, economic releases...

Market BriefWith the exception of the Australian dollar, trading volumes were ridiculously small in the Asian session as traders anticipated today’s Thanksgiving holidays. EUR/USD traded within...

The U.S. dollar rallied to a fresh eight-month high against a basket of six other major currencies on Wednesday, after a deluge of mostly upbeat U.S. economic data reinforced the case for a Fed rate...