Forex Opinion & Analysis

Good morning. Hope all is well! We have had a good forecast for yesterday with a 86% accuracy. On some instances, our zones were volatile, but market later moved in the predicted directions. New...

For the 24 hours to 23:00 GMT, the AUD weakened 1.30% against the USD to close at 0.7101. LME Copper prices declined 0.78% or $40.5/MT to $5179.0/MT. Aluminium prices declined 1.38% or $20.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.3196. In the Asian session, at GMT0400, the pair is trading at 1.3209, with the USD trading 0.1% higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.70% against the CHF and closed at 0.9938. In the Asian session, at GMT0400, the pair is trading at 0.994, with the USD trading marginally higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 121.11. In the Asian session, at GMT0400, the pair is trading at 120.68, with the USD trading 0.35% lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.25% against the USD and closed at 1.5271. In the Asian session, at GMT0400, the pair is trading at 1.5261, with the GBP trading marginally lower from...

The Canadian dollar fell strongly overnight, after the hawkish rhetoric from the US Federal Reserve hit the wires, but the venerable CAD now looks set to add an additional bullish leg as price action...

EUR/USD: With pair weakening strongly following its sell off through the 1.1016/17 levels on Wednesday, further downside pressure is envisaged. While EUR holds below the mentioned broken support, we...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve is still actively thinking about raising interest rates in December according to the latest FOMC statement....

FX markets were relatively quiet throughout the first half of the European session with price action being subdued by the looming FOMC rate decision at 1800GMT, with the USD index settling in a steady...

On October 28, 2015 (Australian time), the Australian dollar was slammed by Australia’s September, 2015 inflation data. The Australian dollar is now struggling to hold onto its 50-day moving...

Pin action – the act of forcing pins upon each other in bowling, so that they continue to knock over other pinsBeyond the obvious negative impact on the euro last week, last Thursday’s ECB...

The EUR/USD 60-minute chart is oversold and turned up from a higher low major trend reversal last night. The initial target for the bulls is the October 23 lower high around 1.1140, which is 60 pips...

GBP/USD: GBP continues to face downside pressure, taking back its Monday gains to close lower on Tuesday. With more weakness underway, it could see further decline towards its key support located at...