Forex Opinion & Analysis

GBP/USD Open 1.6248 High 1.6359 Low 1.6243 Close 1.6269On Wednesday GBP/USD decreased with 115 pips. The Cable depreciated from 1.6359 to 1.6243 yesterday, in line with the negative money flow...

The US dollar notched up additional significant gains – particularly against the yen – during today’s Asian session as investors digested the outcome of the all-important Federal...

Main scenario:The GBP/USD is trading along a sideways trend.A downtrend will start as soon as the pair drops below support level 1.6250, which will be followed by moving down to support level 1.6170...

Main scenario:The EUR/USD is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.2950, which will be followed by reaching support level...

We have had a good forecast for yesterday with 5 out of the 7 pairs behaving as we had predicted, specially the two Oceanic Pairs were spot on. The yen and US dollar had both weakened through the...

EUR/USDThe euro dipped against dollar on Wednesday, giving back earlier gains though held steady after a soft U.S. consumer price index and expectations for the Federal Reserve to hold off on...

For the 24 hours to 23:00 GMT, the AUD weakened 1.50% against the USD to close at 0.8944.LME Copper prices rose 0.91% or $63.0/MT to $6958.5/MT. Aluminium prices declined 0.15% or $3.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.1021.In the Asian session, at GMT0300, the pair is trading at 1.101, with the USD trading 0.1% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened 1.32% against the JPY and closed at 108.58.In the Asian session, at GMT0300, the pair is trading at 108.45, with the USD trading 0.11% lower from...

For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.6250, ahead of the outcome of the Scottish independence referendum.In economic news, the ILO unemployment...

For the 24 hours to 23:00 GMT, the EUR declined 0.90% against the USD and closed at 1.2837, after consumer price inflation in the Euro-zone remained below the ECB’s target of near but below 2%,...

Talking Points:USD/JPY Technical Strategy: Flat Support: 107.76, 106.80, 106.04 Resistance: 108.35, 109.31, 110.09 The US dollar index posted its largest daily advance in eight months against the...

Talking Points:US Dollar Technical Strategy: Holding Long Support: 10905, 10827, 10756 Resistance:10953, 11031, 11095 The Dow Jones FXCM US Dollar Index turned sharply higher anew, putting the...

Talking Points:EUR/USD Technical Strategy: Short at1.3644 Support: 1.2858, 1.2796, 1.2673 Resistance:1.2994, 1.3081, 1.3159 The euro turned sharply lower against the US dollar once again in the...