Forex Opinion & Analysis

EUR/USD The euro remains in near-term range trading, following repeated stall of attempts at 1.34 Resistanceistance zone, seen yesterday. Near-term studies weakened and trade in the range’s...

The US dollar held onto gains made after being boosted yesterday by upbeat US housing data. Rising US Treasury yields helped buoy the dollar after the NAHB Housing Market index rose more-than-expected...

EUR/USDRisk reward: 1.56Trend: DownSell at 1.3358 SL 1.3390 TP 1.3308USD/JPYRisk reward: 1.28Trend: UpBuy at 102.51 SL 102.19 TP 102.92GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.6726 SL...

EUR/USD: Some inter-range selling notedThe pair remains confined to meander insider those 1.3333/1.3433 parameters set some time ago. Yesterday some selling inside those was noted, but a break below...

UP NEXT: GBP: If we see any change in the voting tonight then this will be GBP bullish. However in light of consistently poor data from UK and continued mixed messages from Carney it remains...

The Aussie is taking advantage of a downgrade in inflation expectations that has weighed on the Kiwi, pushing the pair towards the upper level of the current channel. The next 24 hours will be crucial...

EURUSD downside extension threatWe stated in our last report that “while below the higher area [1.3433/45], we see bias for a roll back lower to the range into midweek, back to 1.3360/55 and...

EUR/USDThe euro pushed lower against the U.S. dollar in quiet trade on Monday, as speculation over fresh easing measures by the European Central Bank continued to weigh, while markets remained focused...

CAD/JPY continues to rise after the recent breakout of the daily down channel that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this...

For the 24 hours to 23:00 GMT, the AUD traded tad higher against the USD to close at 0.9321.LME Copper prices rose 0.8% or $57.5/MT to $6910.0/MT. Aluminium prices rose 0.8% or $15.0/MT to...

For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.0891.In economic news, foreign investors turned net seller of C$ 1.07 billion worth of Canadian securities...

For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9067.In the Asian session, at GMT0300, the pair is trading at 0.9070, with the USD trading marginally higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 102.63.In the Asian session, at GMT0300, the pair is trading at 102.62, with the USD trading tad lower from...