Forex Opinion & Analysis

The New Zealand Dollar remains one of the best performers against the US dollar, as the NZD/USD pair continues to climb higher. The pair is currently under a correction, and I think it might continue...

Market CommentaryThe US Dollar is trading flat against most of the FX majors; the Greenback traded mixed bag wherein it has appreciated against the Common Currency and the Swiss Franc whereas the...

Market BriefThe good economic data failed to boost enthusiasm in New York yesterday, yet the fading risk sentiment due to geopolitical tensions in Iraq lifted the safe-haven demand in US dollars. The...

USD/JPYOpen 101.84 High 102.11 Low 101.71 Close 101.82On Monday the USD/JPY decreased with 40 pips. The currency couple depreciated from 102.11 to 101.71 yesterday, matching the negative money flow...

The U.S. Dollar traded lower against a number of Forex currencies as demand for safe havens reigned in the market due to reports that violence has escalated in several regions of Iraq. Worries about...

EUR/USD The pair failed to break 38.2% correction of the bullish wave that started at 1.2756 reaching the top 1.3996 showing on graph. The referred to correction resides at 1.3520 which is now a...

GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.6960, which will be followed by reaching resistance...

EUR/USD The euro continues to move in consolidative mode above fresh lows at1.35 zone, with near-term structure showing slight improvement, as fresh strength tested the first layer of resistances at...

Talking Points:British Pound May Give Back Some Recent Gains if CPI Data Disappoints Upbeat US Inflation Data May Help US Dollar Correct Higher Pre-FOMC Aussie Dollar Fell as Minutes from June...

EUR/USDThe price moves within a day downward trend, but temporarily it has been consolidated in a flat corridor. One should not be confused by this fact for a few reasons. First of all, we did not...

GBP/JPYDaily Pivots: (S1) 172.67; (P) 172.97; (R1) 173.21; The GBP/JPY turned sideway ahead of 173.46 resistance. But with 172.53 support intact, further rise is expected. Current rise from 169.53...

Aussie weakens mildly today after RBA minutes showed that interest rates will likely be on hold in the foreseeable future. It note that "given this outlook for the economy and the significant degree...

Soporific trading has continued this week with yesterday’s session throwing up little to get excited about. Tomorrow’s Federal Reserve meeting is looming large for investors given the...