Forex Opinion & Analysis

GCI Financial
Aussie Extends Its Gains In The Morning Session
By GCI Financial - Nov 25, 2015

For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA ...

GCI Financial
Loonie Trading On A Stronger Footing In The Asian Session
By GCI Financial - Nov 25, 2015

For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.3304. Yesterday, the BoC’s Deputy Governor, Lynn Patterson, stated that growth in the Canadian economy is ...

GCI Financial
German GDP Advanced In 3Q 2015
By GCI Financial - Nov 25, 2015

For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0645, after Germany’s GDP advanced as expected in 3Q 2015. Data showed that the final German GDP rose in line...

Ian Copsey
USD/CHF: Development Staggered And Slow
By Ian Copsey - Nov 25, 2015

USD/CHF INTRADAY CHART BIAS: This should be a mostly bullish day Resistance: 1.0175-80 1.0225 1.0244-54 1.0280-90Support: 1.0143 1.0104-21 1.0085 1.0065 MAIN ANALYSIS: Yesterday losses stalled just...

Kathy Lien
Will Sterling Break 1.50?
By Kathy Lien - Nov 24, 2015

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday's worst-performing currency was the British pound. It experienced broad-based losses on the back of dovish comments ...

Craig Erlam
AUD/USD: Unconvincing Bullish Breakout
By Craig Erlam - Nov 24, 2015

The Australian dollar has traded within a descending channel against the greenback for more than a year now but in the last couple of days it appears to have finally broken above it, which could be a ...

Al Brooks
EUR/USD Small Wedge Bottom
By Al Brooks - Nov 24, 2015

The daily chart of the EUR/USD formed a small wedge bottom over the past 2 weeks, and it is currently trading above yesterday’s small reversal bar. Yes, the news from Russia and Turkey will ...

Matthew Weller
Dovish BOE + U.S. GDP = GBP/USD 1.50?
By Matthew Weller - Nov 24, 2015

In an otherwise quiet day in the foreign exchange market, GBP/USD has seen a relatively big drop amidst dovish comments from BOE policymakers and decent US data. During this morning’s European ...