Forex Opinion & Analysis

Talking Points:EUR/JPY Technical Strategy: Flat Support: 134.68, 132.80, 131.52 Resistance:135.65, 137.24, 138.52 The Euro is attempting to launch a recovery against the Japanese Yen having found...

The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking...

EUR/USDEuro inched higher on Wednesday, halting a four-day slump, as market players kept a close eye on major developments in the Greek debt negotiations. Greece's government said on Wednesday that...

For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7733.LME Copper prices declined 0.81% or $49.5/MT to $6085.0/MT. Aluminium prices declined 0.64% or $11.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2454, extending its previous session gains.Yesterday, the BoC left its benchmark interest rate untouched at 0.75%, in...

For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9497.In economic news, Switzerland’s UBS consumption indicator eased to a level of 1.25 in April, following...

For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5352.In the Asian session, at GMT0300, the pair is trading at 1.5348, with the GBP trading marginally lower from...

For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0903, on the back of better-than-expected Germany’s Gfk consumer confidence data in June.Yesterday, data showed...

Easy To Blame The Dollar During the May 26 selloff in stocks, we heard numerous “blame it on the strong dollar” comments similar to the one below via CNBC: “I think the pressure...

EUR/USD – Looking to Sell (4hr chart) Although we saw a price action exhaustion spike lower followed by a false break and bounce back up towards 1.09, I’m suspecting the Euro will be sold...

The USD/CAD continues to climb higher as the USD rally keeps gathering momentum. The week started with a holiday for the U.S. and parts of Europe that resulted in thin volume. Yesterday with all...

AUD/USD for Thursday, May 28, 2015For almost the last week, the Australian dollar has continued to decline and has recently reached a one month low just below 0.77. To start this week, it was...

Australia 200 for Thursday, May 28, 2015In the last couple of weeks, the ASX200 index has moved back and forth around the key 5650 level, but in doing so, has temporarily halted the medium term down...

EUR/USD Open 1.0902 High 1.0930 Low 1.0817 Close 1.0899 On Wednesday, euro/dollar continued decreasing with 115 pips. The European currency depreciated from 1.0930 to 1.0817 yesterday, matching the...