Forex Opinion & Analysis

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...

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...

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...

GBP/USD: GBP took back its intra day losses to close higher on Thursday leaving risk of more strength on the cards. On the upside, resistance resides at the 1.5400 level. Further out, resistance...

The trading plan for Friday, October 9, was prepared and released before the end of the US trading session on Thursday, October 8.Traders await the release of the Federal Reserve’s September...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.FX Traders React to Surprises from Central BanksThe U.S. dollar traded lower against all of the major currencies after the FOMC...