Forex Opinion & Analysis

Weekly FX Outlook: Dovish Fed and BoE minutes weigh on USD and GBP, with next week’s highlights including US retail sales, UK unemployment and German ZEW survey.Today’s notable highlight...

The EUR/USD pair rallied strongly during Friday trading session leaving risk on further upside. It faces a bigger overhead resistance standing at the 1.1433 level, representing its September 18 2015...

Asia’s markets are bouncing back from a selloff that sent some regional currencies to their lowest level since the Asian Financial Crisis in the late 1990s.Concerns that the U.S. Federal Reserve...

USD/JPY is trying to turn higher after recent break out of a downward channel which is first important indication of a completed wave B at 119.64. Based on the personality of sharp leg up from Oct 2nd...

GBP/USD is unchanged on Friday, as the pair trades at 1.5350 in European trading. The Federal Reserve released its minutes on Thursday, which indicated that policymakers were hesitant to raise rates...

EUR/USDCurrent level - 1.1308 The intraday bias is positive, for a break through 1.1330 area, en route to 1.1390 and 1.1460. Initial intraday support lies at 1.1260 and crucial on the downside is...

USD/CHFIn accordance with the bearish scenario, the USDCHF pair has collapsed below moving averages 20 and 50 after testing 61.8% Fibonacci levels as seen on the provided daily chart. However, we...

The dovish FOMC meeting minutes dealt a sharp blow to the already vulnerable Dollar on Thursday. September’s meeting minutes continued to lack any real direction on when the US central bank will...

EUR/USD continues to post modest gains on Friday, and the pair trades above the 1.13 line in the European session. The Federal Reserve released its minutes on Thursday, which indicated that...

AUD/JPY - breaks above resistance at level 87.30 Since 1,5 month, AUD/JPY moved in consolidation between levels 87.30 and 82.10. Today, bulls once again are trying to break above the resistance at...

The dollar came under renewed pressure after the FOMC minutes revealed concern about the impact on US growth from the slowdown in China and the turbulence in financial markets. Most analysts now think...

GBP/JPY Daily OutlookDaily Pivots: (S1) 183.27; (P) 183.76; (R1) 184.53; Intraday bias in GBP/JPY stays neutral for the moment. On the downside, break of 180.36 support will resume the whole fall...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7256. LME Copper prices declined 1.55% or $81.0MT to $5160.0/MT. Aluminium prices declined 0.96% or $15.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.3007. The CAD gained ground, after the Canadian housing starts in September recorded its fastest pace since...