Forex Opinion & Analysis

AUD/USD getting oversold so the downside could be more limited today. If, however, we break 7800, look for a test of the best of the day support at 7785/80. Buy here, stop at 7755. Target 1 at 7805...

USD/JPY outlook positive despite overbought conditions. If you are long from yesterday's buying opportunity at 121.45, we must beat minor resistance at 121.52/62 to target the most important...

Currency MarketsAfter rallying last week following strong economic data, and thereby providing another reminder to investors that the UK economic outlook remains robust, the GBPUSD has suffered from a...

Good morning. Hope everyone had a good long weekend! Had a very quiet market yesterday due to Memorial Day. We seem to have had a bit of turmoil on our previous forecast. Only 2 pairs seems to have...

EUR/USDRisk reward: 2.16Volatility: HighDown at 1.0949 Limit 1.0981 Target 1.0880USD/JPYRisk reward: 1.50Volatility: AverageUp at 121.73 Limit 121.41 Target 122.21GBP/USDRisk reward: 2.31Volatility:...

EUR/USDThe dollar continued its recent rally against the euro, finishing higher against its European counterpart for the first time in five weeks, amid mixed U.S. consumer pricing data and comments...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.09% against the USD to close at 0.7828.LME Copper prices declined 0.68% or $42.5/MT to $6197.5/MT. Aluminium prices declined 0.58% or $10.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.2310.The CAD remained under pressure, as consumer prices in Canada unexpectedly eased 0.1% MoM in April, reversing...

For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 121.55.In the Asian session, at GMT0300, the pair is trading at 121.76, with the USD trading 0.18% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.09% against the USD and closed at 1.5474.On Friday, data showed that UK’s public sector net borrowing unexpectedly posted a surplus of £6.00...

For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.0980, amid fears that Greece will not be able to meet upcoming debt repayments.On Friday, revised data showed that...

EUR/USD Open 1.0979 High 1.1010 Low 1.0929 Close 1.0974 On Monday EUR/USD decreased insignificantly with 50 pips. The European currency depreciated from 1.1010 to 1.0958 yesterday, matching the...

Australia 200 for Tuesday, May 26, 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...

AUD/USD for Tuesday, May 26th, 2015To start this new week, the Australian dollar has been consolidating just below the key 0.7850 level, where it is likely to now meet some resistance. Throughout last...