Forex Opinion & Analysis

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11960, 11898, 11836 Resistance: 12037, 12149, 12214 The Dow Jones FXCM US Dollar Index put in a...

Talking Points: EUR/USD Technical Strategy: Flat Support: 1.0965, 1.0818, 1.0691 Resistance:1.1055, 1.1202, 1.1320 The euro edged higher against the US dollar as expected after putting in a...

The EUR/USD pair has started to move lower after making a correction up to 1.1000 at the end of last week. It has now just recently pierced below 1.0900. The worrying thing is that there is no...

Today’s Binary Options Trading Strategy:• Currency Pair: USD/CHF • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...

GBP/JPY Daily OutlookDaily Pivots: (S1) 188.91; (P) 189.45; (R1) 190.22; Further rise is still expected in GBP/JPY as long as 187.78 support intact. Current rally, as part of the larger up trend,...

After a long time, we have just seen the EUR/CAD rise. We see a possible continuation of the upward move on EUR/CAD. Relative to EUR and possible weakness in both of these pairs to USD, technically...

NZD/USD fell to the lowest level since September 2010, touching 0.70762 early on Monday. Prices accelerated their decline after falling below the daily Ichimoku cloud two weeks ago. The downside bias...

EUR/USD – Steady Buying, Key Resistance Ahead (4 hour chart)Slowly marching higher at a tortuga-like pace, the euro has gained over the last few days following the false break setup we talked...

On Friday, the AUD weakened 0.20% against the USD to close at 0.7642.LME Copper prices declined 0.47% or $28.5/MT to $6088.5/MT. Aluminium prices declined 0.81% or $14.0/MT to $1705.5/MT.In the Asian...

On Friday, the USD rose 0.17% against the CAD to close at 1.2445.The CAD lost ground, after Canada’s annualized GDP unexpectedly dropped 0.6% in the first quarter of 2015, registering its first...

On Friday, the USD declined 0.25% against the CHF and closed at 0.9401.In economic news, Switzerland’s GDP unexpectedly eased 0.2% QoQ in Q1 2015, reversing market expectations for an unchanged...

Good morning. We are looking forward to an exciting new month ahead! British pound, Australian and US dollar pairs are on our watch list on account of the fundamental watch. We could be seeing a...

On Friday, the USD strengthened 0.24% against the JPY and closed at 124.12.In the Asian session, at GMT0300, the pair is trading at 124.15, with the USD trading a tad higher from Friday’s...

On Friday, GBP marginally declined 0.25%against the USD and closed at 1.5283.Data released showed that Lloyds (LONDON:LLOY) business barometer in the UK climbed to 55.00 in May, compared to a level of...