Forex Opinion & Analysis

The AUD/USD has edged higher on Tuesday, as the pair trades in the high-0.93 range early in the North American session. In economic releases, Australian Housing Price Index and Home Loans...

Near-term eur/$ outlook:In the May 13th email, affirmed the view of temporary gains above the Mar 14th high at 1.3965 as part of an important topping within the large rising wedge pattern since Oct....

GBP/USD Technical Strategy: Shorts Preferred Key support remains at the critical 1.6820 mark Evening Star in intraday trade warns of a dip The GBP/USD has bounced off key support at 1.6820 after...

EUR/USDThe release of weaker than expected ZEW survey, together with source comments suggesting that the Bundesbank may be open to more aggressive ECB measures to meet inflation goals saw EUR come...

The USD/JPY is not showing much movement, as the pair trades slightly above the 102 line. In economic news, US Core Retail Sales and Retail Sales were a disappointment, as both softened in April....

Pre-market update:Asian markets traded 1.4% higher.  European markets are trading 0.2% higher. US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all...

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The GBP/USD made if as far as 1.6890, but not to the 1.6915/20 target. If seen today we can use as a selling opportunity, with stops above 1.6935. An unexpected break higher could then target...

The AUD/USD held first Fibonacci support at 9350/45 for the second day but a break lower is more likely and targets the next support at 9323/20. A bounce from here is expected, but if the pair...

The USD/JPY showed more positive outlook to this week as predicted and beat 102.00/05 to hit our target of 102.20/25. We topped exactly here but the pair could continue higher today for 102.35/40...

AUD/CHFCurrently we are at 0.8338. We are looking for a continuation to the R4 area at 0.8378. Watch the resistance at 0.8360 for a stall. The average daily true range (ATR) for the pair currently is...

Last week President of the European Central Bank, Mario Draghi, gave the market asignal to sell EUR/USD. Before Draghi’s speech our @Trading2dayFX exclusive account provided our subscribers with...

There was plenty of movement in the financial markets last week and that has seen some of the years biggest trends come under serious pressure. Technology stocks moved lower once again and this led to...