Forex Opinion & Analysis

UK Manufacturing PMI is a strong market mover for the GBP, especially if we get our tradable deviation. I’ll recommend to follow the trade plan even if there were no sharp initial spikes, the...

AU RBA Interest Rate Decision today will probably not be a surprising one. Most analysts agree that RBA is not likely to change its monetary policy, especially when there are no significant...

CA GDP is expected to be around 0.4%, and judging from the end of the week market flows, if we get a strong release today, we should see CAD strengthening beyond the 1.10 psychological level, possibly...

EUR/USDThe euro dropped for a second consecutive week versus the dollar for the first time in almost five months on speculation European Central Bank and Federal Reserve monetary policies are...

Coming to the end of the month, it has been a good month indeed with many pips in the making. Had ups and downs, but overall we have had good forecasts through the month. We could go out with a bang...

On Friday, the AUD weakened 0.18% against the USD to close at 0.9252.LME Copper prices rose 1.3% or $86.0/MT to $6667.0/MT. Aluminium prices advanced 1.6% or $27.0/MT to $1709.5/MT.In the Asian...

On Friday, the USD rose marginally against the CHF and closed at 0.8869.In the Asian session, at GMT0300, the pair is trading at 0.8870, with the USD trading marginally higher from Friday’s...

On Friday, the USD strengthened 0.62% against the JPY and closed at 102.80.In the Asian session, at GMT0300, the pair is trading at 102.87, with the USD trading 0.07% higher from Friday’s...

On Friday, the EUR rose 0.07% against the USD and closed at 1.3751 after Euro zone consumer confidence registered its strongest monthly jump in nearly five years in March while the economic sentiment...

The AUD is close to finishing its most bullish month in 6 months, and whilst my bearish outlook remains in place, there's room for further upside. Bullish volume in the AUD/USD has continued to...

Prices appears stable this morning, staying mostly around the trading range seen during Friday's US session. There was a small pop during opening hours but prices quickly pushed lower after tagging...

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators sharply reduced...

Dollar resistances broke in the Continental Europeans but not by too much. It has left me a tiny bit puzzled in determining whether we have seen a total Dollar reversal or not. Certainly it appears to...

The USD/CAD remains in downtrend from 1.1278, the rise from 1.1000 would possibly be consolidation of the downtrend. Key resistance is at 1.1100, as long as this level holds, the downtrend could be...