Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD fell 0.10% against the CAD to close at 1.2082.In economic news, Canada’s international merchandise trade deficit came in at C$ 3.02 billion in March,...

For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CHF and closed at 0.9277.In the Asian session, at GMT0300, the pair is trading at 0.9261, with the USD trading 0.17% lower from...

For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 119.93.In the Asian session, at GMT0300, the pair is trading at 119.94, with the USD trading a tad higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5172.Gains in Pound were kept in check, after Britain’s Markit construction PMI eased to 54.2, registering its...

For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1179, on the back of upbeat assessment of the European economy by the European Commission.Yesterday, the European...

Talking Points: USD/JPY Technical Strategy: Flat Support: 119.56, 118.71, 118.32 Resistance: 120.68, 121.41, 122.13 The US dollar corrected narrowly lower after seemingly completing an upside...

Talking Points: EUR/USD Technical Strategy: Short at 1.1148 Support: 1.0982, 1.0793, 1.0487 Resistance:1.1271, 1.1517, 1.1766 The euro put in a bearish Evening Star candlestick pattern, hinting...

The yen is on a trending channel, and recently got to the upper part of it. After an attempted break-out, the market quickly reversed, which was marked as supply by a purple dot above the candle....

GBP/USD Open 1.5167 High 1.5219 Low 1.5086 Close 1.5177On Wednesday pound/dollar increased with 130 pips. The able appreciated from 1.5086 to 1.5219 yesterday, in line with the positive money flow...

Chris looks at the upcoming Wednesday session in the EUR/CAD currency pair, as the euro continues to show strength. The pair could be the best way to play EUR strength.Below you may find the video

Possible positions for this week The Ranking and Rating list looks a lot better than last week showing more possibilities. Positions have been opened for the GBP/JPY and profit was made on 1 position....

Australia 200 for Wednesday, May 6, 2015To start this new week the Australia 200 index has continued on from last week by trading right around the key 5800 level. After making another solid run at the...

AUD/USD for Wednesday, May 6, 2015In the last 24 hours the Australian dollar has surged higher however it has run into resistance right around 0.7950 before easing slightly lower in recent hours....

AUD/USD INTRADAY CHART BIAS: Am expecting losses to resumeResistance: 0.7955-68 0.7980-85 0.8006 0.8020-25Support: 0.7915 0.7888 0.7860 0.7840-45MAIN ANALYSIS: The expected correction higher was...