Forex Opinion & Analysis

ASIA ROUNDUP: NZD Current Account is at its highest on over 10 years to show how in demand the Kiwi Dollar is right now. Overall we remain bullish on Kiwi Dollar across the board. UP NEXT: GBP...

Bank of England minutes: Considerable focus today is on the UK's Bank of England (BoE) minutes for the June 4-5 meeting. The latest move stronger in sterling was triggered by governor Mark...

EUR/USD is listless on Wednesday, as the pair trades in the mid-1.35 range, as it has for most of the week. On the release front, today's highlight is the Federal Reserve...

Today’s data calendar will allow us into the thoughts of both the Bank of England and the Federal Reserve via the minutes of the former and courtesy of a press conference from Fed Chair Janet...

EUR/USDEurope area M1 growth has slowed toward 4 percent, the only indicator in Schmieding’s eyes to signal a downside risk to his forecast that the region will be growing at a trend pace of 1.8...

GBP/AUD continues to rise in the direction of the key resistance level 1.8370 that was earlier identified by Autochartist on the daily charts. GBP/AUD is expected to reach this key level in the...

Most forex traders will be familiar with the Dollar Index, but few may know there is an equivalent yen index which is of equal importance and significance, and which can also provide an excellent...

Main scenario:GBP/USD is trading along a sideways trend.The uptrend may be expected to continue while pair is trading above support level 1.7000, which will be followed by reaching resistance level...

Main scenario:The EUR/USD is trading along a sideways trend.An uptrend will start as soon as the pair rises above resistance level 1.3590, which will be followed by moving up to resistance level...

USD/JPYOpen 102.17 High 102.31 Low 101.81 Close 102.13On Tuesday the USD/JPY increased with 40 pips. The currency couple appreciated from 101.81 to 102.24 yesterday, matching the positive money flow...

EUR/USD By examening the four-hour interval graph, we notice that the bearish resistance on graph managed to halt all the bullish attempts this week, which would be confirmed by confirming a break...

GBP/JPYDaily Pivots: (S1) 172.89; (P) 173.17; (R1) 173.51; The GBP/JPY's rally resumes after brief consolidation and intraday bias remains on the upside for 174.84 key resistance. At this point, we'd...