Forex Opinion & Analysis

In this week's market analysis, we will look at potential trading opportunities and zones where we should look for evidence and potential moves. Pairs and markets analyzed this week: AUD/USD, CAD/CHF,...

The Canadian dollar has posted gains on Monday's session, continuing the upward trend which marked Friday. USD/CAD is trading at 1.2860. The Canadian dollar posted strong gains on Friday, which was...

The British pound has posted slight losses on Monday, as GBP/USD trades at 1.3250. On the release front, British Construction PMI shocked with a reading of 46.0 points, well short of expectations.The...

Monday July 4: Five things the markets are talking aboutHappy 4th of July! Stateside, this is a holiday shortened trading week, one that will be dominated by two fundamental events –...

USD/JPY is showing very little movement on Monday. The pair is trading at 102.60. On the release front, Japanese Monetary Base was almost unchanged, with a reading of 25.5%. With the US celebrating...

GBP/USD: The pair continues to hold on to its downside pressure, closing lower the past week and leaving risk lower in the medium term.On the downside, support lies at the 1.3200 level, where a break...

London Forex Report: Risk-off sentiment continued to ease through trade on Friday as the US ISM Manufacturing PMI in June printed stronger than expected at 53.2 against 51.3 expected. However, the US...

Forex News and EventsEasing on both sides (by Arnaud Masset) Even though the UK’s decision to leave the European Union created a period uncertainty from both economic and political point of...

Trading opportunities for currency pair:after the Brexit, the USD/SEK switched into a correctional phase. I reckon that it will continue until August and the rate will not surpass the 8.7451 maximum....

Australia: hung parliament unlikely to hang onto AAA rating?On Saturday, Australia joined the long list of countries currently undergoing major political uncertainty. The Australian election results...

The EUR/USD is consolidating within a bearish pennant after a drop caused by Brexit price action. Traders should pay attention to 2 POCs and a possible X cross breakout just below the pennant. POC1...

GBP/JPY Daily OutlookDaily Pivots: (S1) 135.23; (P) 136.44; (R1) 137.14; Intraday bias in GBP/JPY stays neutral for consolidation above 133.23 temporary low. Upside of recovery should be limited by...

The euro is showing limited movement on Monday, as EUR/USD trades at the 1.11 line. On the release front, there are no major releases out of the Eurozone. Spanish Unemployment Change impressed with a...

Sterling supported by hints of fiscal stimulus from George OsborneGeorge Osborne’s declaration that the UK is still ‘open for business’ seems at odds with his pre-referendum warnings...