Forex Opinion & Analysis

The Swiss National Bank abandoned in January its long-standing policy of capping the franc's strength, sending the currency sky-high and raising concerns about its impact on the export vulnerable...

WTI – Corrective Price Action Structure Near Highs (1hr chart) After breaking above the key resistance at 53.80, the breakout pullback setup we suggested has profited nicely. To end last week,...

US dollar The dollar index rose during the Asian session on Monday, as a correction from the lowest level in two weeks. There are no American data scheduled for release today, and the negative outlook...

EUR/USDRisk reward: 2.00Volatility: AverageUp at 1.0766 Limit 1.0734 Target 1.0830USD/JPYRisk reward: 1.13Volatility: AverageDown at 118.92 Limit 119.24 Target 118.56GBP/USDRisk reward:...

EUR/USDThe euro is stronger, having rallied back above 1.08. Greece continues to be a core focus, Data released showed the eurozone is fighting its way out of deflation, as prices rose for the second...

On Friday, the AUD weakened 0.21% against the USD to close at 0.7776.LME Copper prices rose 0.45% or $27.0/MT to $6081.0/MT. Aluminium prices declined 0.59% or $11.0/MT to $1846.0/MT.In the Asian...

On Friday, the USD declined 0.44% against the CHF and closed at 0.9518, after the US consumer prices rose less than expected on a monthly basis in March.On the macro front, real retail sales in...

On Friday, the USD weakened 0.11% against the JPY and closed at 118.88.In the Asian session, at GMT0300, the pair is trading at 118.85, with the USD trading marginally lower from Friday’s...

On Friday, the EUR rose 0.44% against the USD and closed at 1.0813.In economic news, the Euro-zone’s consumer price index registered a rise of 1.10% MoM in March, at par with market...

US New Home Sales measures the new home market and it’s a strong indication of the quality improvement of the very foundation of the economy. If we get a strong/weak reading, we should see...

UK Retail Sales is expected to come in at 0.4% and we’ll be looking for a minimum deviation of about 0.5%. Considering recent price action being negatively affected by the election, I’d be...

US Existing Home Sales could add some volatility in the greenback as recent news releases haven’t been positive for the USD. If we get a strong release, considering that the housing sector is...

UK MPC Meeting Minutes will be the first time for the market to get an insider’s look at the MPC meeting that took place 2 weeks ago. However, because of election jitters, I would rather be...

The AU CPI report today could affect the short-term trend for the AUD. With recent employment change figure beating market expectation, a strong release today will cement speculation that RBA will not...