Forex Opinion & Analysis

USD/TRY gapped higher on Monday following Turkey’s election results. The pair surged to a record high at 2.8086 after breaking what was resistance at 2.7426 (April 24 high). This level is now...

EUR/USDThe euro surged against the dollar on Monday, soaring above 1.13, amid contentious comments regarding the United Kingdom and Greece's depressing long-term status in the European Union. On...

The EUR/USD continued its bullish momentum yesterday, printed support at 1.1048 levels, and topped at the 1.1306 levels. Now focus will be on the 1.1306 levels.The EUR/USD will have to hold above the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.90% against the USD to close at 0.7690.LME Copper prices declined 0.16% or $9.5/MT to $5915.0/MT. Aluminium prices rose 0.12% or $2.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2412. The CAD traded on a stronger footing, following a better-than-expected housing data in Canada.Data released...

For the 24 hours to 23:00 GMT, the USD declined 1.39% against the CHF and closed at 0.9274.In the Asian session, at GMT0300, the pair is trading at 0.9264, with the USD trading 0.11% lower from...

For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5342.Yesterday, the BRC indicated that retail sales across all sectors in the UK remained flat on an annual basis in...

For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations.Data released indicated that...

Good morning. Hope all is well! We seem to have had a bit of a turmoil on our forecast for yesterday, with only one pair conforming to our forecast. This was mainly due to the dollar weakening instead...

Like I wrote in the previous post about USD/CAD, there was an high chance of a false break-out of the 1.253 resistance due to the weak background, and previous supply signals at that level, meaning it...

Talking Points:Revised 1Q Eurozone GDP Figures Unlikely to Generate Significant Volatility Euro Focused on Greece-Linked News Flow as Funding Deal Remains Elusive The second revision of first-quarter...

Talking Points: USD/JPY Technical Strategy: Flat Support: 124.20, 123.18, 122.36 Resistance: 124.83, 125.85, 126.80 The US dollar declined against the Japanese yen as expected, with a bearish...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11887, 11839, 11790 Resistance: 12043, 12149, 12200 The Dow Jones FXCM US Dollar Index is...

Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1202, 1.1005, 1.0818 Resistance:1.1320, 1.1439, 1.1585 The euro moved higher against the US dollar as expected, having produced a...