Forex Opinion & Analysis

EUR/USD Daily Analysis: USD employment change numbers came in at 191k, just shy of the 195k forecast and an increase over last report’s 178k, eliciting a “meh” from the overall...

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1033 as traders cheered an upbeat US factory orders data and a report by ADP which revealed that US private sector...

For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8866In the Asian session, at GMT0300, the pair is trading at 0.8873, with the USD trading 0.10% higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 103.89, following strong US factory orders data.In the Asian session, at GMT0300, the pair is trading at 103.94,...

For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6627 after official data showed that construction PMI for the UK economy edged down to a reading of 62.5 in...

For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.3767.The US Dollar gained ground after data showed that factory orders in the US rose more-than-expected 1.6%...

As long as we hold above this support level leading into Friday's NFP I favour a recycling back into the 0.915 to 0.925 range.Below you may find the video

• Most JPY crosses found resistance today, with USDJPY doing so just above the highs since the end of January. Traders don’t want to take the pair higher until we see the other side of the...

The NZD/USD rallied straight into a weekly resistance level last week, which has contained prices on 3 consecutive tests (visible on the weekly chart). The most recent re-test of the market top,...

As reported by experts of the Forex market, the PMI index for the UK construction sector from Markit/Chartered Institute of Purchasing and Supply fell to 62.5 last month from 62.6 in February....

USD/CHF started the day, April 1, 2014, to around 0.8845 and spent the morning in a narrow range of 10 points, but the demand for the single currency was also reflected on the franc, sending the pair...

EUR/USDOpen 1.3765 High 1.3821 Low 1.3752 Close 1.3766On Wednesday the EUR/USD decreased with almost 70 pips. The European currency depreciated from 1.3821 to 1.3752 yesterday, matching the negative...

USD/JPY (daily chart shown below) has tentatively broken out above the prolonged trading range that has been in place since January.Within the past week, the currency pair has managed to advance above...

I wasn’t really expecting much in the way of constructive development yesterday and that’s pretty much what we saw. EUR/USD and USD/CHF developed very much as expected and are poised at...