Forex Opinion & Analysis

The New Zealand dollar has taken an absolute beating as of late, as markets thrashed it in the wake of Reserve Bank of New Zealand (RBNZ) comments and weak commodity data. This was further confirmed...

USD/JPY positive range theme aims higher; risk of shift to more bullish toneWe have stated in client reports this week that “within the range, the risk is skewed higher this week, for 102.00 and...

GBPJPY – Forming Coiling PA + Series of Inside Bars For the last 8 days, the GBPJPY has been coiling in a very small range of about 60 pips, forming several inside bars in a...

Talking Points:USD/CAD Technical Strategy: Long at 1.0811 Support: 1.0780, 1.0736, 1.0699 Resistance: 1.0875, 1.0952, 1.1029 The US dollar advanced as expected against its Canadian counterpart after...

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.8443, 0.8350, 0.8236 Resistance:0.8535, 0.8566, 0.8650 The New Zealand Dollar continues to fall against its US counterpart in the aftermath...

Talking Points:AUD/USD Technical Strategy: Flat Support:0.9324-44, 0.9223-45, 0.9085 Resistance: 0.9460, 0.9504, 0.9600 The Australian dollar is struggling to form a top against its US counterpart...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 136.30, 135.60, 134.46 Resistance: 137.25, 137.80, 138.69 The euro may be gearing up for a rebound against the Japanese yen after prices...

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...

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 rose 0.31% against the CHF and closed at 0.9069.In the Asian session, at GMT0300, the pair is trading at 0.9068, with the USD trading marginally lower from...

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...