Forex Opinion & Analysis

EUR/USDEuro rose to the highest level in a week against the U.S. dollar on prospects Federal Reserve Chair Janet Yellen will underscore expectations that the central bank will maintain stimulatory...

Autochartist recently identified the Pennant chart pattern on the 4-hour EUR/USD charts – as you can see from the following trade opportunity alert for this currency pair. EUR/USD is expected to...

EUR/USD Daily Analysis: Euro bears rode the downtrend yesterday to a new low below 1.37 but we have seen a rebound here as price bounces above strong support at 1.3670 and strong support on the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.13% against the USD to close at 0.9374.LME Copper prices rose 1.3% or $92.0/MT to $6976.5/MT. Aluminium prices advanced 1.1% or $18.5/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0889.The Canadian Dollar posted gains yesterday, on the back of rise in commodity prices. Meanwhile, on the economic...

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8897.In economic news, the ZEW survey on the economic expectations for the Swiss economy gained by 0.4 points...

For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.6768, after the BoE Governor, Mark Carney played down speculations for an earlier-than-expected interest rate hike in...

For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.3715.Yesterday, earlier during the day, the Euro came under pressure after Euro-zone’s industrial production...

The euro exchange rate against the U.S. dollar remains under pressure, with the next step down after a brief consolidation, probing psychological support levels below 1.37. Technical indicators...

We seem to have had a bit of a turmoil on our forecast for yesterday with only 3 out of the 7 pairs conforming to our forecast. The US Dollar did end up being weak but not as much as we had expected,...

EUR/USD Open 1.3715 High 1.3731 Low 1.3702 Close 1.3712On Wednesday the EUR/USD traded within narrow almost 30 pip range. The European currency depreciated from 1.3731 to 1.3702 yesterday, matching...

INTRADAY CHART BIAS: After a short consolidation we should see losses to 101.52-59 and later 100.97-12.Resistance: 101.89-93 102.01 102.19 102.36.Support: 101.71 101.52-59 101.33 100.97-12.MAIN...

EUR/USD stays powerless at 1.3708. However, it included 7 focuses today, as it appears to be practically an assurance that the ECB will present a jolt bundle in its June session.GBP/USD eased against...

AUD/USDOver the last 24 hours the Australian dollar has finally been able to move through the resistance around 0.9380 and 0.94 to move to a four week high above 0.94 before easing back over recent...