Forex Opinion & Analysis

GBP/CHF continues to rise in the direction of the Key Resistance Level 1.4931 that was previously identified by Autochartist on the daily charts – as you can see from the following trade...

For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.9326.LME Copper prices declined 0.8% or $52.0/MT to $6688.0/MT. Aluminium prices fell 1.2% or $21.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD to close at 1.0900, as Fed Chief, Janet Yellen’s upbeat outlook on the US economic recovery benefited the US Dollar while an...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8762, as traders cheered Fed Chief, Janet Yellen’s upbeat view on the recovery prospects of the US economy.In...

For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 101.86, buoyed by the Fed Chief, Janet Yellen’s cheerful outlook of the US economy.Late Wednesday,...

For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.6956, as Fed Chief, Janet Yellen’s upbeat view on the US economic outlook supported the US Dollar.In the Asian...

Looks like we may have a nice day ahead with many fundamental news items coming out that could affect our markets. The British pounds, euro, US and Australian dollar pairs would be the ones to watch....

EUR/USD Technical Strategy: Pending Short Support: 1.3873 (falling trend line), 1.3801 (rising trend line) Resistance: 1.3932 (Mar 18 close), 1.4020 (Wedge top) The euro has met important technical...

A reoccurring pattern on GBP/AUD (similar to GBP/JPY too) may have provided clues to the next bullish peg Between May-June 2013 there is a fairly volatile (and by no means prettty0 Head and...

EUR/USDOpen 1.3910 High 1.3939 Low 1.3904 Close 1.3909On Wednesday the EUR/USD traded within narrow 30 pip range. The european currency depreciated from 1.3939 to 1.3908 yesterday, not matching the...

Overall it was a pretty successful day yesterday. There were two options on how the Dollar would move higher and it has clearly taken the slow route. I suspect we shall see that continue today with...

The EUR/USD remains in uptrend from 1.3775, the fall from 1.3951 is likely consolidation of the uptrend. Support is now located at the upward trend line on 4-hour chart. As long as the trend line...

Will ECB Drive EUR to New Highs or Kill the Rally? USD - Top 10 Takeaways from Yellen's Testimony: AUD Hangs Tight Ahead of AU Employment and Chinese Trade NZD Struggles after RBNZ Talks FX...

No new orders placed in today's video, just waiting to see how things shape up. I did, however, close out my long EUR/AUD position for a small profit when my short GBP/AUD position got...