Forex Opinion & Analysis

Market Drivers for September 21, 2015 Syriza wins in Greece, Greek CA much better euro better bid Antipodeans weakest on Monday open Nikkei closed, Europe -0.22% Oil $45/bbl Gold $1138/oz Europe and...

EUR/USDToday’s support: 1.1267, 1.1250 and 1.1210 (main), where correction is possible. Break would give 1.1176, where correction also may be. Then follows 1.1153. Break of the latter would...

EUR/USD Daily Analysis: The Fed blinked on interest rates, pushing off a rate hike for at least a few more months (until the next Fed meeting) and the markets initially reacted by selling the USD (the...

The topic on Federal Reserve’s interest rate hike is still heated, though they kept the interest rate at the current rate. Meanwhile, the federal reserve has buried a smoke shell with saying...

AUDUSD MovementOn Friday, the AUD strengthened 0.14% against the USD to close at 0.7191. LME Copper prices declined 0.20% or $11.0/MT to $5358.0/MT. Aluminium prices rose 1.12% or $18.0/MT to...

USDCAD MovementOn Friday, the USD rose 0.42% against the CAD to close at 1.3219. In economic news, Canada’s consumer price inflation remained unchanged on a monthly basis in August, compared to...

USDJPY Movement On Friday, the USD declined 0.15% against the USD and closed at 119.97. In the Asian session, at GMT0300, the pair is trading at 119.75, with the USD trading 0.18% lower from...

GBPUSD MovementOn Friday, the GBP declined 0.31%against the USD and closed at 1.5528. The BoE’s Chief Economist, Andy Haldane opined that the central bank may need to cut interest rates further...

GBP/USDGBP/USD stopped at SMA50, but we need more confirmation to suggest upside actions. RSI moves above 50.00 alongside potential bullish attempt on ADX, but we need stronger signals to be bullish....

GBP/JPY Daily OutlookDaily Pivots: (S1) 185.63; (P) 186.50; (R1) 187.06; With 184.22 minor support intact, further rise is still in favor in GBP/JPY. The corrective pattern from 195.86 might have...

Dollar tumbled broadly after FOMC kept interest rate unchanged last week and sent a more dovish than expected message. However, the weakness in the greenback was relatively limited and short lived....

The dollar was mostly flat on Monday as it held on to Friday’s gains when it bounced back from the losses after the Fed kept interest rates unchanged at record low levels on Thursday. The euro...

CA Core Retail Sales figure could be the catalyst to push CAD to the next level, especially considering the dovish tone out of the Fed last week… With this week being a quiet week, I would...

Good morning. Hope all is well! We have had an above average forecast for Friday with a 57% accuracy. The Oceanic pairs (AUD, NZD) were a bit erratic and violated our blue zones. Could be in for a...