Forex Opinion & Analysis

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.1247, 1.1178, 1.1040 Resistance:1.1359, 1.1450, 1.1541 The Euro continued to recover against the US Dollar after a brief pause to...

EUR/USDThe euro rose over 1.5 percent against the dollar and hit $1.13710, its highest level in roughly 10 weeks after a rise in European yields drove demand for the euro and weak U.S. ADP National...

The dollar dropped further against most major currencies on Wednesday, after data from ADP showed that U.S. non-farm private employment rose less than expected in April, increasing worries about the...

EUR/USD has been gaining momentum and reached fresh 3-month highs of 1.1370 in early European session trading on Thursday. The pair accelerated gains after breaking above the 100-day moving average on...

It’s not every day that different time frames set up reversal structures, but that is just what looks to be happening on the USD/CAD pair. The H1 and daily charts are both showing reversals of...

EUR/USD – Buy Trade Setups Profits Heavy, Still Bullish (1hr chart) As we talked about 2 days ago in the daily members commentary and yesterday, we felt the EUR/USD scenario was bullish ST and...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7914, 0.7865, 0.7786 Resistance:0.7993, 0.8057, 0.8121 The Australian Dollar is probing above the 0.80 figure anew having bounced upward...

Talking Points: Australian Dollar Little Changed after Jobs Data Unemployment Rate 6.2% vs 6.2% expected Australia lost 2.9K jobs in the month of April The Australian Dollar remained little changed...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.57% against the USD to close at 0.7967.LME Copper prices declined 0.15% or $9.5/MT to $6400.5/MT. Aluminium prices rose 0.26% or $5.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2038, after the ADP reported that job creation in the US decelerated in April.The CAD traded on a stronger footing,...

For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CHF and closed at 0.9163, after the private sector employment in the US advanced less than expected in April.In the Asian session, at...

For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 119.41, following soft economic data in the US.In the Asian session, at GMT0300, the pair is trading at 119.55, with...

For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5241, as Britain’s service sector activity expanded at the fastest pace in eight months for April.Data showed...

For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1343, after the final estimate of the Euro-zone’s services PMI rose more than expected in April.Yesterday, the...