Forex Opinion & Analysis

The focus for forex traders overnight was in Australia with the RBA taking centre stage with its decision on interest rates and the associated statement. The release was preceded by some volatile...

The indifferent USD run of form is showing no signs of slowing down, with the USD trading higher against the majority of its main trading partners throughout Tuesday’s European session. The...

GBP/USD - Technical Report The GBP/USD has been trapped within a tight range after being resisted at 1.4985 once again. MACD and RSI14 remains neutral forcing us to stand aside, as risk versus...

Market Drivers for April 7, 2015 Dollar busts out RBA keeps rates on hold, UK ISM Services improves Nikkei 1.25% Europe 1.02% Oil $51/bbl Gold $1209/oz. Europe and AsiaAUD: AU Retail Sales 0.7% vs....

Market BriefIn the Asian session, the majority of equity indexes extended gains overnight. The Hang Seng and the Shanghai Composite were higher by 0.77% and 1.77% respectively, while the Nikkei 225...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7698 with target @ 0.7730. Market Scenario 2: Short positions below 0.7642 with target @...

KEY DATA RELEASES TODAY (BST) :09:30 GBP Services PMI 57.1 v 56.7 15:00 USD JOLTS Job Openings 5.01M v 5.00M OVERNIGHT: The poor NFP surprise in the US last week has resulted in near term upside...

EUR/USDCurrent level - 1.0920 The uptrend from 1.0712 is complete with yesterday's peak at 1.1036 and currently a consolidation pattern is underway, capped at 1.0965 intraday resistance. Initial...

EUR/USD The euro accelerated lower after posting marginally higher high at 1.1034 yesterday, but keeps key 1.1050 barrier intact for now. Fresh easing touched the upper boundary of pivotal support...

EUR/USDRisk reward: 2.41Volatility: HighDown at 1.0953 Limit 1.0985 Target 1.0876USD/JPYRisk reward: 1.66Volatility: AverageUp at 119.53 Limit 119.21 Target 120.06GBP/USDRisk reward: 2.72Volatility:...

Today’s Binary Options Trading Strategy: • Currency Pair: AUD/USD • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

GBP/JPY Daily OutlookDaily Pivots: (S1) 177.27; (P) 177.77; (R1) 178.36; With 180.10 minor resistance intact, deeper fall is expected to 175.49 support. Break will extend the fall from 189.70 to...

EUR/USDThe euro pushed higher against the U.S. dollar on Monday after Dudley comment, but remained low at 1.0930 amid pressure on Friday disappointing U.S. employment data. New York Fed President...