Forex Opinion & Analysis

The euro was steady in early Asian trade as it held on to its overnight gains after dropping to a low of 1.0915 against the dollar on Tuesday. The scheduled meetings of the Eurogroup and Eurozone...

Talking Points:USD/JPY Technical Strategy: Flat Support:122.36, 121.54, 120.52 Resistance:123.18, 124.20, 124.83 The US dollar is facing renewed selling pressure, with prices probing weekly lows...

Talking Points:US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11937, 11888, 11829 Resistance: 11985, 12044, 12149 The Dow Jones FXCM US Dollar Index advanced as...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.0968, 1.0818, 1.0661 Resistance:1.1067, 1.1277, 1.1466 The euro is digesting losses against the US dollar having broken below a trend line...

The AUDNZD has been following a strong bullish trend upwards as the kiwi falls out of favour, ahead of the upcoming interest rate decision on 22 July. However, a double top is forming that could...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9188, 0.9071, 0.8965 Resistance: 0.9557, 0.9769, 0.9985 The US dollar continues to tread water against the Swiss franc as buyers attempt to...

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6616, 0.6568, 0.6458 Resistance:0.6704, 0.6787, 0.6923 The New Zealand dollar continues to edge lower along the bottom of a channel that has...

Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7417, 0.7283, 0.7150 Resistance:0.7499, 0.7566, 0.7632 The Australian dollar declined against its US namesake as expected after producing a...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7081, 0.7045, 0.6987 Resistance: 0.7140, 0.7187, 0.7235 The euro continues to oscillate in a now-familiar choppy range below the 0.72 figure...

Talking Points:USD/CAD Technical Strategy: Long at 1.2649 Support: 1.2618, 1.2524, 1.2449 Resistance: 1.2770, 1.2922, 1.3016 The US dollar continued to push higher against its Canadian counterpart to...

Good morning. Hope all is well! We seem to have had an average forecast for yesterday, with 57% accuracy. US dollar has lost some steam over the course of the day, while Japanese yen ended up gaining...

The dollar may be putting a triangle right shoulder on its potential head and shoulders. A right shoulder triangle, if it actually completes, would be a huge favorite to break out downwards. The...