Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.93% against the CAD to close at 1.2424.In the Asian session, at GMT0300, the pair is trading at 1.2433, with the USD trading 0.07% higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9528, as the US new home sales and consumer confidence data revealed upbeat figures. The Swiss Franc came under...

For the 24 hours to 23:00 GMT, the USD strengthened 1.20% against the JPY and closed at 123.01.In the Asian session, at GMT0300, the pair is trading at 123.09, with the USD trading 0.06% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.5392.Yesterday, data indicated that UK’s CBI distributive trade survey’s retail sales balance rose to a...

For the 24 hours to 23:00 GMT, the EUR declined 0.87% against the USD and closed at 1.0884, as ongoing concerns about a possible Greek default with its international creditors weighed on the...

EUR/USD Open 1.0872 High 1.0980 Low 1.0862 Close 1.0870 On Tuesday Euro/Dollar continued decreasing with 120 pips. The European currency depreciated from 1.0980 to 1.0958 yesterday, matching the...

AUD/USD for Wednesday, May 27, 2015For almost the last week, the Australian dollar has continued to decline and has recently reached a one month low just above 0.77, To start this week, it was...

CHF/JPY: Long Position has been opened on May 6. The pair has a rank of 61 and is consolidating in the last 2 weeks. The CHF has a currency score of 6 and the JPY a score of 3. The Weekly chart is...

As mentioned in Tuesday’s Asian Session Morning blog, NZD/USD is precariously poised at support.With the Reserve Bank of New Zealand shifting from a neutral to easing bias and signaling it is...

Key Highlights · US dollar continues to rocket higher, especially against the Japanese yen as the USD/JPY pair is trading near 8-year highs. · A monster resistance around 124.00-20 is...

Asian Session Morning:US Durable Goods Orders beat expectations to the upside overnight, pushing the USDX back inside its previously broken trend line and on target for new highs again. The Durable...

The USD/CAD pair rocketed above its tight trading range on Tuesday.The Memorial Day holiday stateside yesterday ensured trading was thin and it kept the USD/CAD restricted to a narrow range of...

Last week, we discussed 3 technical reasons that EUR/USD support at 1.1050 support could give way, but even we were caught off guard by the ferocity of the selloff over the last week. The...

As the Euro has shed six cents over the past seven sessions, two main forces have been at work. The primary one is, arguably, the developments in the euro area. After an extended flash crash that saw...