Forex Opinion & Analysis

USD/CAD continues to rise after the recent reversal from the lower support trendline of the daily Falling Wedge chart that was previously identified by Autochartist – as you can see from the...

EUR/USD Daily Analysis: EUR/USD has a definite downside bias on the 4-hour charts after a failure yesterday by bulls to gather any sort of momentum. There may still be a bullish correction as the...

For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.9238, following dovish comments by the RBA Assistant Governor, Guy Debelle’s speech.LME Copper prices shed...

For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.0910, as the latter came under pressure after data showed that wholesale sales in Canada unexpectedly declined 0.4%...

We could be in for some moves on British pound, US dollar and Japanese yen due to our fundamental watch. We have had a moderate forecast for yesterday with 4 out of the 7 pairs conforming to our...

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8920.Yesterday, the SNB President, Thomas Jordan, citing the need for the alleviation of the...

For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6836 after data showed that UK consumer inflation rate rose for the first time in 10 months to an annual rate of 1.8%...

For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3699, as risk appetite among traders declined after data showed that producer prices in Germany, the largest...

AUD/USD (daily chart shown below) has broken down below a key uptrend line that extends back to January’s three-and-a-half year low of 0.8659.This trend line represented a strong four-month...

The British pound posted gains on Wednesday as GBP/USD traded close to the 1.69 line in Wednesday's North American session. On the release front, Retail Sales bounced up sharply in April,...

EUR/USDOpen 1.3698 High 1.3714 Low 1.3677 Close 1.3699On Tuesday the EUR/USD decreased with 45 pips. The European currency depreciated from 1.3714 to 1.3677 yesterday, matching the negative money flow...

EUR/USD eased by 11 points to trade at 1.3698 as traders saw a disappointing release of German PPI which added to the pressure on the ECB to begin easing at their next meeting. GBP/USD added 19...

Dollar Suffers from Back and Forth in US Yields GBP: Hotter CPI Restores Expectations for Tightening AUD: Vulnerable to Further Losses, Watch Iron Ore NZD Finally Begins to Adjust to Less Hawkish...

EUR/USDThe euro is still consolidating; market expanded this consolidation channel upwards and downwards to levels of 1.3740 and 1.3680. Today the price may leave this channel and continue growing up...