Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9670.In the Asian session, at GMT0400, the pair is trading at 0.9663, with the USD trading 0.07% lower from...

For the 24 hours to 23:00 GMT, the USD weakened 0.28% against the JPY and closed at 115.56, reversing its previous session gains.In the Asian session, at GMT0400, the pair is trading at 115.74, with...

For the 24 hours to 23:00 GMT, the GBP fell 0.96% against the USD and closed at 1.5767, after the BoE in its recent quarterly inflation report forecasted Britain’s inflation rate to fall below...

For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.2432, after the ECB Chief, Mario Draghi stated that the central bank stands ready to take further unconventional...

Talking PointsStrategy: Short, Stop: 1.2500 (Close), Target: 1.2270 Struggles Below Key Level With Candlestick Signals Lacking Doji In Intraday Trade Suggests Indecision From...

Talking PointsStrategy: Flat Missing Reversal Signals May Open Further Gains Shooting Star Awaiting Confirmation On H4 Chart AUD/USD’s recovery has continued amid of an absence of bearish...

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.7831, 0.7682, 0.7584 Resistance:0.7872, 0.7937, 0.8034 The New Zealand Dollar advanced as expected against its US counterpart having...

Talking Points Strategy: Flat Clean Ascent May Prove Challenging Amid Downtrend H4 Timeframe Reveals Reluctance From The Bulls NZD/USD continues its climb with a void of bearish candlesticks...

Talking Points: EUR/USD Technical Strategy: Short at 1.2710 Support: 1.2352, 1.2299, 1.2234 Resistance:1.2482, 1.2559, 1.2621 The Euro may be preparing to launch a recovery against the US...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11211, 11143, 11110 Resistance:11295, 11329, 11370 The Dow Jones FXCM US Dollar Indexmay be...

Talking Points: AUD/USD Technical Strategy: Flat Support:0.8659, 0.8531, 0.8441 Resistance:0.8743, 0.8869, 0.8970 The Australian Dollar advanced as expected against its US counterpart after...

Talking Points: EUR/JPY Technical Strategy: Flat Support: 142.19, 140.65, 139.40 Resistance: 144.46, 145.93, 147.12 The Euro may be vulnerable to a turn lower against the Japanese Yen as negative RSI...

Good morning. Hope all is well. Yet again we seem to have had a really good forecast for yesterday with 6 out of the 7 pairs conforming to our predictions. GBP/USD was the odd pair out as it...

The EUR/GBP is having a strong pull back and may even have bottomed in the short term. New short position is in place to be opened in case price goes higher. Profit target for this new position will...