Forex Opinion & Analysis

The fundamental data from the UK failed to support a weakening British pound. Despite the speech by Mark Carney at a trade union conference, the brief rally soon lost steam across the GBP pairs....

This morning Euro equities are on the back foot, taking their lead from the slide in Asia and North America in the overnight sessions. Euro bourses are on the verge of forgoing all recent gains earned...

EUR/USDCurrent level - 1.2925 The intraday bias is slightly positive, for another test of 1.2995 resistance zone, before renewal of the downtrend towards 1.2750. Initial intraday support lies at...

EUR/USD - Today's Technical Report/Commentary:The Euro’s dive was halted at 1.2858 yesterday, from which the price bounced back above 1.29, reaching as high as 1.2956. This price behavior, when...

Market Drivers for September 10, 2014 Aussie loses nearly 1% on a variety of factors USD/JPY eyes 107.00 Nikkei 0.25% Europe -.60% Oil $92/bbl Gold $1255/oz. Europe and AsiaAUD: Westpac Confidence...

Forex News and Events: The weakness in the antipodeans continues as the increased volatility on Fed bets trigger capital outflows from the high-beta currencies. The RBNZ gives policy verdict tonight...

The major movement in the currency markets on Tuesday occurred in the AUD/USD. The early morning news regarding domestic business confidence levels dropping for the first time in 5 months clearly...

In his speech at the Trades Union Congress, Bank of England Governor Mark Carney said that market expectations of the first rate hike by spring next year fits the central bank's estimate for the...

The AUD/USD pair is trading below the downward trend line on a 60 minute time frame. The price has pierced the Bollinger band and piercing of the Bollinger band does have a significant importance when...

The AUDUSD chart has suddenly transitioned from boring, rangebound behaviour to a sudden avalanche to the downside on the break of the key range and semi-head and shoulders formation. AUD testing...

EUR/USD The euro is near-term corrective mode after fresh bears broke below 1.2930, 1.2660/ 1.2754 bull-trendline and extended under 1.29 handle, to reach fresh low at 1.2858. Recovery action was...

Market BriefThe AUD/USD took a dive overnight as the Westpac’s consumer confidence index dropped significantly by 4.6% on month to September. AUD/USD cleared resistance at 0.9200 (Fibonacci 50%...