Forex Opinion & Analysis

The US dollar shook off yesterday’s mixed data flow to trade sharply higher over the European morning on reports that the ECB are considering further policy easing. Equity markets are stronger...

Rising tensionsGeopolitics came to the forefront yesterday, casting a shadow over the highly respectable U.S. GDP results (+2.1%) posted earlier in the day. Fears of a conflict in the Middle East...

Almost a month ago, on October 29th, EUR/USD was trading near 1.0930. On that day we published “EUR/USD Might Recover, But How High?”, saying that “we might see a temporary recovery...

As it was noticed in CAD/CHF analysis, price was moving in a trading channel. In the above chart we see how the price has broken the upper limit of this channel. Break-out was made by high volume...

NZD/USD: With the pair reversing its Monday losses to close higher on Tuesday, NZD/USD targets further bullishness. This view is in line with its loss of downside momentum on the weekly chart the past...

EUR/USD: Discussion On ECB Easing Goes OnThe US Commerce Department said GDP grew at a 2.1% annual pace, not the 1.5% rate it reported last month, as businesses reduced an inventory bloat less...

Today, the US dollar continued its decline during the Asian session, but the dynamics has changed since the opening of the European session. The US currency is declining against the Swiss franc, but...

EUR/USD has posted strong losses on Wednesday, as the pair trades at 1.0590 in the European session. In economic news, the euro has lost ground as reports have surfaced that the ECB will implement...

EUR/USDCurrent level - 1.0634 A reversal has been confirmed at 1.0690 peak and the bias is already bearish, for a break through 1.0590 low, towards 1.0520 area. resistance intraday intraweek 1.0690...

Market Drivers November 25, 2015 Euro tests 1.0600 as ECB mulls new QE measures AU Construction falls off Nikkei -0.39% Eurostoxx 0.93% Oil $42/bbl Gold $1072/oz Europe and AsiaAU: Construction -3.6%...

USD/TRY has actually entered a new zone after military conflict between Turkey and Russia.Nov 23,2015 :Turkey snap elections result in major victory of leading party AKP. This fundamentally moved...

The euro remained resilient amidst heightened tensions between Turkey and Russia. The European currency was capped at 1.0670/75, resulting in a barrier for any bullish engagements. While other...

AUD traded stronger overnight on comments from RBA Governor Stevens signaling a halt in interest rate cuts during December. In his speech, he suggested that the market should “chill out”...

Rising Middle-Eastern tension coupled with mixed dataflow clouded market sentiments. Upward revision to the second estimate of US 3Q GDP growth to 2.1% QOQ coupled with a pick-up in house prices in 20...