Forex Opinion & Analysis

AUD/USDMarket Scenario 1: Long positions above 0.7367 with targets at 0.7391 and 0.7412. Market Scenario 2: Short positions below 0.7367 with targets at 0.7346 and 0.7322. Comment: The pair tests lows...

EUR/NOK. In light of the unexpected renewed collapse in the oil price we lift our EUR/NOK forecast across all tenors. We cannot rule out another rate cut from Norges Bank but importantly market...

Talking Points:British Pound May Rise if Upbeat CPI Data Boosts BOE Rate Hike Outlook NZ Dollar Up Before Dairy Auction, Canadian Dollar Down with Crude Oil UK CPI figures headline the economic...

EUR/USD ForecastMain scenario:The pair is trading along a sideways trendAn uptrend will start as soon as the pair rises above resistance level 1.1155, which will be followed by moving up to resistance...

GBP/USD ForecastMain scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.5620, which will be followed by reaching...

USD/JPYNothing changed during the previous four trading days, as the range remains very tight. USD/JPY continues to move above SMA20, while RSI is still moving sideways. We remain neutral, waiting...

EUR/USD Daily Analysis: EUR/USD has rallied over 360 pips from its August lows (around 1.0850) after the Chinese decision to allow the 'free market' to depreciate the yuan (which, non-coincidentally,...

The dollar continues to gain on Monday, still supported by Friday’s positive U.S. data on industrial output which increased at the fastest rate in eight months creating a positive outlook for...

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3096. In the Asian session, at GMT0300, the pair is trading at 1.3095, with the USD trading slightly lower from...

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9786, after Swiss real retail sales dropped or the second straight month in June, falling 0.90% YoY, after registering...

For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 124.43. In the Asian session, at GMT0300, the pair is trading at 124.44, with the USD trading marginally higher...

For the 24 hours to 23:00 GMT, the GBP fell 0.44% against the USD and closed at 1.5584. In the Asian session, at GMT0300, the pair is trading at 1.5586, with the GBP trading marginally higher from...

For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1075, despite a rise in the seasonally adjusted trade surplus in the Eurozone to €21.90 billion in June,...

Last week, NZD/USD dropped by a huge percent after PBOC devalued yuan. Usually soft commodities (AUD) perform better then hard commodities (NZD), but this time NZD also dropped by a volatilty caused...