Forex Opinion & Analysis

EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR rose 0.67% against the USD and closed at 1.1268, as investors shrugged off Germany’s downbeat factory orders data. Data revealed that the...

EUR/USD Daily Analysis: EUR/USD has been in a tightening consolidation triangle since late August's high above 1.17, with 1.11 providing long-term support. In the intraday picture we are short-term...

GBP/JPY Daily OutlookDaily Pivots: (S1) 182.25; (P) 182.75; (R1) 183.55 Intraday bias in GBP/JPY stays neutral for the moment. On the downside, break of 180.36 support will resume the whole fall from...

The US economy fared relatively well throughout the quarter with some signs of strengthening evident within the economy. US GDP growth remains moderate growing by an annualised rate of 3.9% q/q in Q2,...

WTI bulls gained inspiration during Tuesday’s trading session when US government data suggested that the global oil supply glut could be diminishing. This unexpected news resulted in the...

Good morning. Hope all is well! We were a bit off on our forecast for yesterday with only a 43% accuracy. We did end up taking a mixed stance for yesterday. Looks like both the yen and the greenback...

The EUR/CAD pair broke down below a pretty significant area during the session on Monday. This was an area that featured a significant uptrend line, although it had been pierced on a gap lower in late...

RBA Unmoved: Yesterday’s Reserve Bank meeting, while largely uneventful in terms of systematic changes in policy or direction, did have quite the effect on price with the Aussie Dollar putting...

Many years ago, if you asked someone what drove stock prices, they would give you a simple, honest answer: earnings. If a company had strong earnings, and those earnings were projected to grow, then...

The AUD/USD pair rallied strongly on Tuesday leaving risk of more strength on the cards. This is coming on the back of its recent corrective recovery offensive triggered from the 0.6936 level, its...

GBP/CADBest reading of the cycle suggests that rally to 2.057 ended wave X. From this level, the pair resumed the decline in wave ((w)) as a double three structure wxy, where wave w ended at 2.0168,...

Knowing how different market conditions affect the performance of your strategy can have a huge impact on your returns.Certain strategies will perform well in highly volatile, choppy markets while...

Financial markets are enjoying risk-on sentiment as the US labor market figures last week decreased expectations for a rate hike in 2015. Traders now await the FOMC meeting minutes release on Thursday...

As we noted early Tuesday, the Australian dollar edged higher on the slightly less-dovish-than-expected RBA statement, driving AUD/USD into resistance in the mid.7100s. As you would expect though, the...