Forex Opinion & Analysis

US dollar tumbles through key support levels, but here are the levels we’re watching next The surge in volatility suggests major support/resistance will continue to be broke The US Dollar has...

FX markets reverse yesterday’s moves as the PBoC comes to market with further monetary easingPrice action was once again dominated by events in China, with focus today falling on the PBoC...

I mentioned before the open yesterday that the Forex markets were climactic over the weekend and that they were likely to reverse for at least a day or two. The reversals on the 240 minute candlestick...

GBP/JPY: GBP/JPY may have turned sharply lower on Monday but it now sees a reversal of that weakness with eyes on the 192.25 level. This present recovery is driven by its failure to follow through...

Falling below 14.37 on a closing basis would signal trouble for the ongoing uptrend in EUR/USD. The euro is being used for financing carry trades lately, leading the pair to a new 7-month high...

Market Drivers for August 25, 2015 Markets calm down though Asian equities still fall GE IFO bit better Nikkei -3.57% Europe 2.98% Oil $39/bbl Gold $1148/oz. Europe and AsiaAUD: LEI -0.2% vs. 0.2%EUR:...

EUR/USD: Financial Crisis Made In China? (short taken at 1.1600)The scale of a sell off in global stock markets have thrown into doubt whether the Federal Reserve will raise interest rates this year,...

On Monday the USD, at times, lost 600 points against the yen and 300 points against the euro. On Tuesday, however, the USD entered a correction across the market and gained back more than 170 points...

EURUSD Daily PivotsR3 - 1.2105 R2 - 1.1910 R1 - 1.1761 Pivot - 1.1565 S1 - 1.1416 S2 - 1.1220 S3 - 1.1075 EUR/USD (1.15): EUR/USD looks to be easing back from 1.17 highs last seen in January this...

USD/JPYTrading below 120.60 offers new probability of renewing the selling wave since there is no sign of reversal. Being bearish doesn’t mean we recommend using large quantities to sell; on...

EUR/USDEUR/USD surged more than 2% to its highest level in eight months, as currency traders dumped their positions in the dollar on Monday, amid a global equities sell-off sparked by a potential...

EUR/USD Daily Analysis: Our short-term bullish view came more than true this morning: we were looking for a challenge of 1.12 in the near-term (neckline we've been tracking), but once that neckline...

For the 24 hours to 23:00 GMT, the AUD declined 1.52% against the USD and closed at 0.7150. LME Copper prices declined 3.13% or $158.0/MT to $4888.0/MT. Aluminium prices declined 2.49% or $38.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.70% against the CAD and closed at 1.3291. In the Asian session, at GMT0300, the pair is trading at 1.3249, with the USD trading 0.32% lower from...