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Forex Opinion & Analysis

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GCI Financial
Aussie Trading Lower This Morning
By GCI Financial - Jul 06, 2015

On Friday, the AUD weakened 1.42% against the USD to close at 0.7528.LME Copper prices rose 0.01% or $0.5/MT to $5761.5/MT. Aluminium prices declined 0.47% or $8.0/MT to $1685.0/MT.In the Asian ...

GCI Financial
Pound Trading Lower In The Asian Session
By GCI Financial - Jul 06, 2015

On Friday, the GBP declined 0.15% against the USD and closed at 1.5585.In economic news, services activity in Britain bounced back more than anticipated pace in June, suggesting an improvement in ...

Dailyfx
GBP/JPY: First Target Hit On Short Trade
By Dailyfx  - Jul 06, 2015

Talking Points: GBP/JPY Technical Strategy: Short at 192.83 Support: 187.85, 185.37, 182.89 Resistance: 190.91, 192.80, 194.33 The British pound gapped to the lowest level in a month against ...

Dailyfx
EUR/JPY: Euro Testing Sub-134.00 Anew
By Dailyfx  - Jul 06, 2015

Talking Points: EUR/JPY Technical Strategy: Flat Support: 133.10, 131.07, 129.51 Resistance:135.94, 137.97, 139.47 The euro gapped below the 134.00 figure against the Japanese yen in the ...

Dailyfx
NZD/USD Edges Along Channel Floor
By Dailyfx  - Jul 06, 2015

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.6647, 0.6568, 0.6458 Resistance:0.6704, 0.6787, 0.6923 The New Zealand dollar continues to edge lower along the bottom of a channel...

Dailyfx
AUD/USD: Aussie Gaps To 6-Year Low
By Dailyfx  - Jul 06, 2015

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7499, 0.7417, 0.7283 Resistance:0.7566, 0.7632, 0.7715 The Australian dollar turned lower as expected against its US counterpart ...

Dailyfx
EUR/GBP Trying To Break Lower Anew
By Dailyfx  - Jul 06, 2015

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7074, 0.7045, 0.6987 Resistance: 0.7140, 0.7187, 0.7235 The euro gapped down below trend line support against the British pound but...

Dailyfx
USD/CAD Digesting Above 1.25 Figure
By Dailyfx  - Jul 06, 2015

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2524, 1.2448, 1.2372 Resistance: 1.2618, 1.2770, 1.2922 The US dollar continues to consolidate above the 1.25 figure against its ...

Ian Copsey
Daily Forecast For USD/CHF
By Ian Copsey - Jul 06, 2015

USD/CHF INTRADAY CHART BIAS: While 0.9362-77 supports, we should see gains resume MAIN ANALYSIS: Strength has been seen to 0.9503 and has corrected lower. The reaction on open was limited, and ...

Stuart McPhee
AUD/USD Drops To 6 Year Low Below 0.75
By Stuart McPhee - Jul 06, 2015

AUD/USD – Monday, July 6th, 2015 The Australian dollar hasn’t had its best week, falling sharply from above the key 0.77 level to a new six year low below 0.75. The AUD/USD is presently ...