Forex Opinion & Analysis

Main scenario:The pair is trading along an sideways trend.The uptrend may be expected to continue in case the market rises above resistance level 1.6290, which will be followed by reaching resistance...

Main scenario:The pair is trading along an sideways trend.The downtrend may be expected to continue in case the market drops below support level 1.2890, which will be followed by reaching support...

It’s been an interesting start to the month for both the euro and the Aussie with volatility being the only real winner. The euro has clawed back plenty of lost ground and it now looks primed to...

EUR/USDThe euro pared losses against the dollar on Monday after data showed that U.S. industrial production unexpectedly fell in August, overshadowing an earlier report showing that manufacturing...

Good morning. Hope all is well! We have had a really good forecast for yesterday with 6 out of the 7 pairs behaving as predicted. The only odd pair was NZD/USD that didn’t reach our demand zone....

EUR/USD Daily Analysis: Last week closed as a bullish doji as the pair moved sideways between 1.2990-1.285 (where it remains now). Bulls have a slight edge in the short-term though we expect 1.30 to...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.9029.LME Copper prices declined 0.09% or $6.0/MT to $6850.0/MT. Aluminium prices declined 2.49% or $50.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.1054, following dismal economic data from the US. The CAD gained ground after Canada’s existing home sales...

For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 107.15.In the Asian session, at GMT0300, the pair is trading at 107.09, with the USD trading 0.06% lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.6230, as uncertainty continues to loom over the Scottish independence referendum.In the Asian session, at GMT0300, the...

For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.2938, after the Euro-zone’s trade surplus narrowed to €12.2 billion in July, lower than market...

Europe is an economic basket case while the US is kind-of sort-of recovering. Why? Several reasons, but the only one that really matters these days is that in 2012 and 2013 the eurozone operated with...

GBPUSD – Can’t Break Above Near Term Resistance For the last several days, the Cable has been unable to break above the 1.6275 near term resistance as you can see in the 1hr chart below....

Talking Points:AUD/USD Technical Strategy: Short at 0.9186 Support:0.8955, 0.8826, 0.8665 Resistance: 0.9085, 0.9185, 0.9245 The Australian Dollar paused for a brief respite after six consecutive...