Forex Opinion & Analysis

EUR/USD Daily Analysis: EU continued to fall yesterday, in line with our bearish trend analysis, dropping below 1.36 for the first time since February. Short-term trend analysis remains bearish...

The US Dollar rallied against most of its Forex counterparts as demand for the currency remained high subsequent to the publication of economic reports which pointed to a surge in Durable Goods Orders...

EUR/USDRisk reward: 1.53Trend: DownSell at 1.3607 SL 1.3639 TP 1.3558USD/JPYRisk reward: 1.25Trend: DownSell at 101.75 SL 102.07 TP 101.35GBP/USDRisk reward: 2.09Trend: Strong DownSell at 1.6729 SL...

For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9233.LME Copper prices edged up 0.2% or $15.0/MT to $7035.0/MT. Aluminium prices rose 1.4% or $24.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0871, amid lack of economic releases from the Canadian economy.In the Asian session, at GMT0300, the pair is trading at...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984.In economic releases, Switzerland’s GDP rose 0.5% (QoQ) in the first quarter of 2004, faster than a 0.2%...

For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.6714.In an interview with the Financial Times, a BoE policymaker, Martin Weale opined that the BoE should not delay in...

For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3594, as data showed that unemployment in Germany, the largest economy in the Euro-zone, unexpectedly rose for the...

EUR/USD tumbled today to exchange at 1.3623 after German occupations information missed the business sector and French purchaser using tumbled. While brokers are expecting a play by the ECB one week...

NZD/USD: Bearish bias through month-endWe stated in our last report that “the threat into midweek is for a still more negative theme to test .8505/002.A bullish failure Tuesday back from the...

The EUR/USD H1 chart is showing an interesting support line that was broken recently having been tested several times. The line now forms resistance that has been tested once already and has so far...

As long as we remain above 1.09 in the AUD/NZD, then near-term bias remains bullish.Below you may find the video

Today's preliminary GDP is forecast at -0.6%, which is down -0.8% from the initial GDP consensus in April. So why the change in sentiment?Business inventories suggest less business investment whilst...

We seem to have had an ok day for yesterday with 3 of the 7 pairs conforming to our forecast. The Oceanic Pairs, EUR/JPY and USD/CHF were the stubborn ones. The US Dollar did behave as we had...