Forex Opinion & Analysis

GBP/USD has been trading inside an equidistant channel which supports the uptrend zig zag. The price has been making higher highs and higher lows which is showing us a scholastic example of uptrend....

Financial markets around the world remain volatile as China’s rate cut and reduction in the reserve requirement ratio failed to convince investors that the move would be enough to calm markets....

AUD/USD – Sell Trade At Corrective Phase Resistance In Heavy Profit (1hr chart) Late last week the AUD/USD formed a corrective price action phase where it triple tapped the resistance around...

We adjust our EUR/SEK target, stop-loss on market turmoil, Riksbank Fundamentally, we are bullish SEK and clients should stay short EUR/SEK Strategy On Monday, we recommended clients to sell...

For the 24 hours to 23:00 GMT, the AUD declined 0.33% against the USD and closed at 0.7126. LME Copper prices rose 2.95% or $144.0/MT to $5032.0/MT. Aluminium prices rose 2.73% or $40.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.332, with the USD trading 0.08% lower from...

For the 24 hours to 23:00 GMT, the USD rose 0.4% against the JPY and closed at 118.93. In the Asian session, at GMT0300, the pair is trading at 119.13, with the USD trading 0.17% higher from...

For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.5696. In the Asian session, at GMT0300, the pair is trading at 1.5710, with the GBP trading 0.09% higher from...

Today I will be quickly going through few pairs. Most were expecting another volatile session as we saw on Monday; but found the markets to be quite smooth comparatively. Still caution advise as if...

Good morning. Hope all is well! We have had a good forecast for yesterday with an 86% accuracy. On some instances our zone were violated and then later markets moved in the predicted path. Due to the...

Daily Chart Prepared by Jamie Saettele, CMT -“The push above the line that extends off of the April-June high negates anything bearish. Watch for support at 11970. A drop below 11918 (treated as...

Talking Points EUR/AUD testing key near-term support- longs scalps favored above 1.5830 Updated targets & invalidation levels EUR/AUD Daily Technical Outlook EUR/AUD breakout rally reverses at...

The People’s Bank of China has finally made their move. After the Shanghai Composite turned negative for the year, China’s central bank responded by once again cutting interest rates.While...

Gold’s outlook remains lower after extending its corrective weakness on Tuesday. On the downside, support comes in at the 1,130.00 level where a break will aim at the 1,110.00 level. A cut...