Forex Opinion & Analysis

USD/JPYIn our last technical update, we have changed our intraday outlook from neutral to bearish after failing to stabilize above 76.4% Fibonacci level. The pair has achieved downside actions...

Increased tensions in the Middle East pushed oil prices above $43 a barrel today, extending Tuesday’s gains. Geopolitical risks were heightened yesterday after Turkey downed a Russian fighter...

AUD/USD keeps trading higher within wave C that is now looking towards 0.7320 area. Despite very strong recovery, we are still observing idea of a triangle in wave 4). As such, upside can be limited...

EUR/USDWith Pullback still existed, we are buyers of call options during the session Support：1.0633/1.0620 Resistance：1.0680/1.0697GBP/USD As there is considerable resistance on GBP/USD,...

US traders are eagerly counting down the hours until the much-awaited Thanksgiving holiday, but our readers should is still a busy economic calendar between now and Wednesday afternoon, as well as a...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA...

For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 1.0169. In the Asian session, at GMT0400, the pair is trading at 1.016, with the USD trading marginally lower from...

For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 122.52. In the Asian session, at GMT0400, the pair is trading at 122.34, with the USD trading 0.15% lower from...

For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0645, after Germany’s GDP advanced as expected in 3Q 2015. Data showed that the final German GDP rose in line...

USD/CHF INTRADAY CHART BIAS: This should be a mostly bullish day Resistance: 1.0175-80 1.0225 1.0244-54 1.0280-90Support: 1.0143 1.0104-21 1.0085 1.0065 MAIN ANALYSIS: Yesterday losses stalled just...

Perhaps it should be expected but heck, this slow market is slowing down more. To be honest, unless some throat wrenching catalyst occurs, tomorrow’s Thanksgiving looks like seeing some painful...

Once upon a time, if a world super power on the brink of war had a fighter jet shot down after entering the airspace of another sovereign nation for barely a few seconds, all hell would break loose...

Turmoil in the Middle East as Turkey Downs Russian AircraftGeopolitical tension triggered a surge in crude prices after Turkey confirmed it had shot down a Russian warplane that it alleged was...

USD/CAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USD/CAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed...