Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7343. LME Copper prices rose 2.48% or $112.0/MT to $4637.0/MT. Aluminium prices rose 2.77% or $40.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.3387. The CAD weakened, after Canada’s unemployment rate unexpectedly rose to 7.1% in November, from prior...

For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 1.0010. The Swiss Franc came under pressure, after Switzerland’s consumer price inflation surprisingly fell 0.1%...

For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 123.22. In the Asian session, at GMT0400, the pair is trading at 123.27, with the USD trading marginally higher...

For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5099. In the Asian session, at GMT0400, the pair is trading at 1.5098, with the GBP trading marginally lower from...

For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.0863. In economic news, German factory orders rose more-than-expected by 1.8% MoM in October, advancing for the...

Above 1,06, buy signals toward 1,1010. Watch that level for a bearish reversal signal, but buy a confirmed bullish break out towards 1,1275. On the monthly chart the pair is sharply rising from a...

Foreign exchange markets were trying to regain their sense of balance at the start of trading this week, following the very important events of the previous Thursday and Friday.The US dollar was still...

US Core Retail Sales is usually a good market mover and with end of the year holidays coming up, we should see a strong figure today.Here's the forecast: 8:30am (NY Time) US Core Retail Sales Forecast...

UK BOE Interest Rate Decision will set the pace of GBP until the end of 2015. With BOE still taunting a potential rate hike (although there is no real expectation for it), today’s release along...

RBNZ Interest Rate decision today is expected to cut rates by 25 basis points, considering general pressure on commodities, RBNZ is likely to maintain its easing bias well into early 2016.3:00pm (NY...

AU Employment Change release today will be a short-term market mover for the AUD; however, considering the recent drop in commodities and the fact that China is experiencing market turmoil, I would...

Up Periscope!: With Friday’s US labour report coming in largely within expectations following Thursday’s Draghi induced carnage, the market felt it didn’t need to massively re-rate...

In previous EUR/USD analysis you can find detailed review of price moving in ascending triangle and the place where the price has broken the lower line of triangle. After the support was broken the...