Forex Opinion & Analysis

To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week which saw it drop two a two week low just above 0.93. The...

BIAS: The correction higher should continue but will still be choppy.Resistance: 1.3620-27 1.3634 1.3653-64 1.3675 Support: 1.3601-06 1.3587-89 1.3575 1.3552-61MAIN ANALYSIS: EUR/USD gains seen to...

The GBP/USD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6692, the fall from 1.7179 could be treated as consolidation of the uptrend. Support is located at the bottom...

Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Dollar: Hit by Slide in Yields, Vulnerable to Further Losses GBP Recovers From Surprise Decline in Industrial Production EUR/USD...

The following are the latest forecasts for major currencies as provided by CIBC World Markets. Original Post

GBP/USD has posted slight losses on Tuesday, as the pair trades in the low-1.71 range in the North American session. The pound lost ground after a dismal Manufacturing Production release,...

AUD/USD has posted modest gains on Tuesday, as the pair trades slightly above the 0.94 line early in the North American session. The Aussie received some help from NAB Business...

As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the US Dollar...

The euro broke its descending channel. Today the price may continue forming ascending structure with target at level of 1.3655. Later, in our opinion, instrument may form descending structure with...

The EUR/USD is showing little movement on Tuesday, as the pair trades just below the 1.36 line. There are no major releases on today's schedule. In the Eurozone, German Trade Balance posted a...

Currently the AUD/JPY is at 95.63 in a large sideways move. We are also in a rectangle inside that sideways move which is bearish for the pair. If we break south we are looking for a continuation to...

Forex News and Events: The UK production heavily missed the market estimates in May, thus triggered a decent GBP-unwind in London. The weakness in German trade terms keep the appetite limited in...

Talking Points: - EUR/GBP, GBP/CHF post important reversals at recent extremes. - GBP/USD uptrend since mid-June breaking. - See the DailyFX Economic Calendar for Tuesday, July 8, 2014. The...