Forex Opinion & Analysis

EUR/USDThe euro traded steadily upwards yesterday, with initial strength garnered from ECB's comments, which downplayed the ability of the central bank to target weaker Euro. The light news flow and...

EUR/NZD continues to rise after the recent breakout of the hourly Flag chart pattern that was previously identified by Autochartist – as you can see from the following trade alert for this...

For the 24 hours to 23:00 GMT, the AUD weakened 0.42% against the USD to close at 0.9328.LME Copper prices rose 0.8% or $59.0/MT to $7009.0/MT. Aluminium prices declined 0.4% or $7.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.0874, in a subdued trading session, on account of Victoria Day holiday in Canada.In the Asian session, at GMT0300, the...

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8923.In the Asian session, at GMT0300, the pair is trading at 0.8920, with the USD trading a tad lower from...

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.50.Late Monday, Japan’s Vice Economy Minister, Yasutoshi Nishimura hinted that the Japanese economy...

For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.3709. However, the gains in the Euro-zone’s shared currency were capped after the ECB policymakers, Yves Mersch...

GBP/USD (daily chart) has attempted a rebound from support around the 1.6750 price area and the 50-day moving average, after having pulled back from its new four-year high of 1.6995. That high, just...

Goodness gracious. It has been a painful market this year; impulsive moves developing with little enthusiasm and corrections grasped with gratitude so that range trading can hold sway for days on end....

USD/CAD's fall from 1.0926 extended to as low as 1.0850; however, the fall is likely the correction of the uptrend from 1.0813. As long as 1.0813 support holds, the uptrend could be expected to...

Forex Outlook: Is Low Volatility Is Here to Stay? EUR: Mersch Says Odds of June Easing Rose Significantly GBP: Will CPI Validate the BoE's Dovish Bias? AUD: No Surprises Expected from RBA Minutes NZD...

EUR/USDThe euro is still forming correctional flag pattern towards previous ascending impulse. We think, today price may continue falling down to reach target of this pattern at level of 1.3680 and...

The British pound has edged higher in Monday trading, as GBP/USD trades in the low-1.68 range. On Friday, there was mixed news out of the US, as Building Permits shot higher while UoM Consumer...

USD/JPY bearish break of 101.32 aims through 101.21/20 supports for 100.75Below the 101.32 key April low aims through the 200-DMA, now 101.21 and critical 101.20 chart prop for the 2014 low at...