Forex Opinion & Analysis

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...

The following are the intraday outlooks for EUR/USD, EUR/JPY, USD/CAD, and NZD/USD as provided by the technical strategy team at SEB Group.EUR/USD: Flag ceiling basically met. The pair did the...

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...

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...

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 119.91. Yesterday, data indicated that Japan’s outlook index of Eco watchers survey rose to a level of...

For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.5352, after the BoE’s monetary policy committee decided to keep its benchmark interest rates steady at 0.5% and...

For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1289. Yesterday, Germany’s trade surplus fell more-than-expected to €15.3 billion in August, from...

Good morning. Hope all is well! We have had a very good forecast for yesterday with an 86% accuracy. Markets reacted from our supply/demand zones as expected. As we had anticipated, the yen and the...

Morgan Stanley (NYSE:MS) picks USD Index, EUR/USD, and NZD/USD as its technical FX charts of the week, where MS provides its views on their related technical settings and targets.On the DXY 1-year...

The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays (LONDON:BARC) Capital.EUR/USD: We are bearish and would...