Forex Opinion & Analysis

Overnight, the reserve Bank of Australia shocked the market by failing to cut the 2.25% rate to 2.00%, which a large majority, including this analyst, was expecting. Instead, Governor Stevens and...

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...

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...

With Monday being a holiday for most of Western Europe, the markets were fairly quiet. However, the S&P 500 got quite a bit of bullish momentum going, as we tested the 2080 handle. We believe that...

For the 24 hours to 23:00 GMT, the AUD weakened 0.56% against the USD to close at 0.7596.LME Copper prices declined 0.30% or $18.0/MT to $6001.5/MT. Aluminium prices rose 0.28% or $5.0/MT to...

For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CAD to close at 1.2475.Canada’s seasonally adjusted Ivey PMI unexpectedly fell to a level of 47.9 in March, from a reading...

For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CHF and closed at 0.9586.In the Asian session, at GMT0300, the pair is trading at 0.9562, with the USD trading 0.25% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.51% against the JPY and closed at 119.50.Yesterday, data showed that Japan’s preliminary leading economic index fell less than expected to a...

For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.4888.In the Asian session, at GMT0300, the pair is trading at 1.4901, with the GBP trading 0.09% higher from...

For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.0931.The greenback gained ground, after the US final Markit services PMI unexpectedly climbed to 59.2, notching...