Forex Opinion & Analysis

The dollar started the Asian session flat following its slide against major currencies after June’s soft jobs data. The weaker-than-expected increase in nonfarm payrolls and muted average hourly...

EUR/USD has completed a triangle in mid-2014 around 1.4000, from where we have seen a strong bearish reversal down into big wave C) as expected. Wave C) is part of a three wave set-back from 2008...

EUR/USDThe euro pushed higher against the dollar on Thursday, as investors remained on edge ahead of a Greek referendum on Sunday. On Thursday, the IMF delivered a blunt warning of the huge financial...

LME Copper prices rose 0.10% or $5.5/MT to $5761.0/MT. Aluminium prices rose 1.62% or $27.0/MT to $1693.0/MT.In the Asian session, at GMT0300, the pair is trading at 0.7583, with the AUD trading 0.7%...

For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2542.The CAD gained ground, as Canada’s RBC manufacturing PMI bounced back to expansion territory after it...

For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9430, as the US non-farm payrolls figure disappointed in June.In the Asian session, at GMT0300, the pair is...

For the 24 hours to 23:00 GMT, the GBP remained flat against the USD and closed at 1.5609. In economic news, the construction activity in Britain expanded at its fastest rate in four months in June,...

For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1089.In economic news, the Euro-zone’s producer price index remained flat on a monthly basis in May, compared to...

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5549, 1.5459, 1.5349 Resistance: 1.5639, 1.5750, 1.5818 The British Pound turned lower against the US Dollar as expected after...

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7074, 0.7045, 0.6987 Resistance: 0.7140, 0.7187, 0.7235 The Euro continues to tread water near levels prevailing before the sharp...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2524, 1.2448, 1.2372 Resistance: 1.2618, 1.2770, 1.2922 The US Dollar turned lower after testing above the 1.26 figure against its...

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.6662, 0.6568, 0.6458 Resistance:0.6787, 0.6923, 0.7010 The New Zealand Dollar descended to probe below the bottom of a falling...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7559, 0.7499, 0.7417 Resistance:0.7680, 0.7731, 0.7818 The Australian Dollar moved lower against its US counterpart as expected...

Talking Points: GBP/JPY Technical Strategy: Short at 192.83 Support: 190.91, 187.85, 185.37 Resistance: 192.80, 194.33, 195.87 The British Pound is making cautious downward progress against...