Forex Opinion & Analysis

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...

This week the scorecard recommends buying EUR, NOK and CHF while selling NZD, CAD and JPY. Last week's signals resulted in a 0.1% loss. Especially the long CAD position performed well. However, gains...

The long term channel that has been in play for several months on the USD/CAD pair continues to hold. The present level of the price presents more than one opportunity for traders. Source: Blackwell...

The currency markets have commenced the week cautiously, with the US Dollar mixed against its trading partners. The reason behind the cautiousness in the currency markets is because traders are trying...

GBP/USD remains in a range and has failed to break above the top of the range at 1.5008. To the upside, any moves higher would find resistance at 1.5163 (March 18 high) and then at 1.5236 (23.6%...

Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy. On some pairs initially markets did behave as we predicted from our supply/demand zones, however...

EURUSD – Sells Off From Key Resistance (4hr chart) We’ve been talking about being bearish price action and potentially selling near the key resistance and FOMC spike highs for a few days...

On Tuesday 7th April at 3.30pm local time (04.30 GMT) we get the Reserve Bank of Australia Interest Rate Decision announcement. Although many commentators expect the cash rate to remain unchanged,...

Australia 200 for Tuesday, April 7, 2015A few weeks ago the Australian 200 index pushed higher to a multi-year high to just above the key resistance level at 6000, before easing lower throughout the...

AUD/USD for Tuesday, April 7, 2015For the last week or so now the Australian dollar has relied heavily on support at the 0.76 level after falling away sharply to down below the key 0.77 level over the...

Chris looks at the upcoming Tuesday session in the EUR/CAD pair as the euro continues to struggle overall.Below you may find the video