Forex Opinion & Analysis

While the euro is clearly pointing downwards facing the 1.0620-area, the British pound showed its strength and climbed up to 1.5239 on a slight improvement in U.K. consumer prices. However, for...

NZD/USD can be trading in late stages of an extended red wave 3) that has a target of 261.8% near 0.6440. This is not far away, so traders must be aware of a new corrective bounce; ideally with three...

NZD/USD – Watching for a secondary lowThe New Zealand dollar extended its loss for 4 consecutive days as global dairy prices dropped nearly 8%, in which prices of whole milk powders plunged by...

More mixed US data. CPI accelerated more than expected to 0.2% YOY in October as core CPI held firm at 1.9%, shoring up expectations inflation is edging closer to the Fed target. On the contrary,...

Bullish momentum continues to remain firmly in play for the US dollar on the longer term weekly chart, following the minor pull-back of last week, which saw the dollar index test the new platform of...

Elliott Wave patterns can be found on all degrees of trend, even on the smallest time frames. The AUD/USD exchange rate seems to be giving us a good example. If we take a look at its 15-minute chart,...

The dollar remained at seven-month highs against the other major currencies on Tuesday, after upbeat U.S. inflation data added to hopes that the Federal Reserve will raise interest rates at its...

USD/JPYUSD/JPY has showed very little change, forming a small candlestick yesterday; however, the closing was achieved again above 76.4% Fibonacci level. All eyes are on 123.55-123.60, as a break...

The Dollar acquired some stability following a firm US CPI of 0.2% in October which supported the growing expectations that the Fed may raise US rates in December. In the month of November data from...

Seen from American CPI data released yesterday, it is general good for American economy and confirm the interest rate hike in December. Meanwhile, the USD index goes up steadily, approaching the...

The US dollar held on to its two-day gains despite reduced risk appetite following reports today of gunfire in north Paris and the diversion of two flights from the US to Paris due to bomb threats....

GBP/JPY Daily OutlookDaily Pivots: (S1) 187.07; (P) 187.53; (R1) 188.20; No change in GBP/JPY's outlook. Price action from 180.36 is viewed as a consolidation pattern with choppy rise from 180.64 as...

The USD/CAD has been a star performer of late on the back of a surging US dollar sentiment. However, technical analysis of the pair is signalling the potential for some sharp falls ahead as the bulls...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.7111. LME Copper prices declined 1.36% or $65.0/MT to $4700.0/MT. Aluminium prices rose 0.38% or $5.5/MT to...