Forex Opinion & Analysis

EUR/USD Open 1.1287 High 1.1332 Low 1.1244 Close 1.1280On Friday euro/dollar increased with 70 pips. The European currency appreciated from 1.1244 to 1.1317 on Friday, matching the positive money flow...

Risk sentiment initially suffered on Monday because of a decline in oil prices and an earthquake in Ecuador. However, oil was rather quick to recover its initial losses after the world’s leading...

Another mixed day in the FX markets, with the early tone set by the Doha talks failing to reach an agreement on production levels. USD/CAD gapped up to 1.2950 in Asia, but after London tested 1.3000...

The euro is trading at 1.1306 at this writing. The low has traded at 1.1273 while the high has traded at 1.1319. With little economic data released today to encourage any directional movement, the...

CHF can’t strengthen on weak US dataThe Swiss franc did not strengthen against the US currency on Friday. Weak economic data came out in the US on Friday which pushed the US Dollar Index...

EUR/AUDCurrently we are at 1.4634 continuing in the range. We are looking to continue to the double bottom at 1.4562 with a further target at 1.4476. The average daily true range (ATR) for the pair...

The Australian dollar has posted gains on Monday, repeating the trend which has marked five of the past six daily sessions. AUD/USD is trading just above the 0.77 line in the European session. In...

Trading Themes:The US dollar made its way higher last week, despite yet further disappointing data, supported by comments from a raft of Fed members who continue to argue the case for continuing the...

USD/CAD: We Went Short At 1.2940 After Doha DisappointmentA deal to freeze oil output by OPEC and non-OPEC producers fell apart after Saudi Arabia demanded that Iran join in despite calls on Riyadh to...

Doha’s meeting failed. Oil crash next?The long awaited summit between OPEC and non-OPEC oil producing countries in Doha ended without an agreement, failing to strike a deal to freeze output at...

USD/JPY has posted slight gains on Monday, reversing the gains seen in the Friday session. In the European session, USD/JPY is trading at 108.40. On the release front, The US will release the NAHB...

EUR/JPY The week has started with a large downside gap below the major 122.50 support level. A breakaway gap such as this usually works as a good indication there's more downside to follow. The rate...

Market Drivers for April 18, 2016 Doha fails to produce a deal Comm dollars gap lower but rebound with oil Nikkei -3.40% DAX 0.24% Oil $40/bbl Gold $1237/oz. Europe and AsiaNZD: CPI 0.2% vs....

An undeniable feeling of disappointed engulfed the global markets during trading on Monday following the unsuccessful Doha meeting on Sunday which erased any remaining credibility OPEC had to offer....