Forex Opinion & Analysis

The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered yesterday as it almost on cue, returned to its more...

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

Talking Points EUR/USD nearing important support zone Important cycle turn window in Crude Defining week for AUD/USD? Foreign Exchange Price & Time at a Glance Charts Created using Marketscope...

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...

EUR/USDWith yesterday’s after-market comments from ECB’s Lautenschlaeger being very much in-fitting with those of ECB’s Draghi the pair saw a particularly muted start to the session....

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...