Forex Opinion & Analysis

Talking Points:USD/JPY Technical Strategy: Flat Support: 102.04, 101.81, 101.52 Resistance: 102.25-28, 102.57, 102.71 The US dollar continues to push upward against the Japanese yen, with prices...

Talking Points:EUR/USD Technical Strategy: Short at 1.3644 Support: 1.3396, 1.3324, 1.3208 Resistance:1.3454, 1.3502-12, 1.3583 The euro fell as expected against the US dollar after prices put in a...

EUR/USDThe euro dipped to 8-month lows against the dollar on Tuesday after a cheery U.S. consumer confidence report sent investors betting the Federal Reserve will deliver an upbeat assessment of the...

USD/CAD continues to rise after the recent breakout of the 4-hour key resistance level 1.0834 that was earlier identified by Autochartist –as you can see below. The pair is expected to rise to...

For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.9386 following upbeat data from the US.LME Copper prices declined 0.2% or $16.0/MT to $ 7116.0 /MT. Aluminium prices...

For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0851, after consumer confidence in the US surged to its highest level since 2007 in July.Yesterday, a survey by the...

For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.10 following upbeat US consumer confidence data.In the Asian session, at GMT0300, the pair is trading at...

For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6944. However, data revealed that the number of mortgage approvals for house purchases in the UK rose to 67.2K in...

We expect the Fed statement on Wednesday to have a hawkish twist while eurozone July CPI due on Thursday falls to 0.4% y/y. Diverging US/eurozone monetary policy and waning portfolio flows into the...

We seem to have had a moderate forecast for yesterday with 4 out of the 7 pairs behaving as predicted. This was due to US Dollar strengthening slightly instead of weakening as we had thought. Also...

In a month some might label dull given tepid volumes , the dollar index is doing something somewhat interesting, says JP Morgan."It is posting four consecutive weekly advances and its largest monthly...

We quietly await data from US tonight, whilst technically there is a clear line in the sand for the bulls and the bears.Below you may find the video

USD: Previously I had been seeking a major cycle low around Aug-Sep but now reconsidering the fact we may have seen this in April.Below you may find the video

A snapshot view of yesterday’s New York - London session with technical notes.US consumer confidence at its highest since Oct 2007, coming in well above expectations of 85.5 at...