Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2527, after the ISM data revealed that US manufacturing expansion continued to roll in May.Yesterday, data revealed that...

For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CHF and closed at 0.9458.In economic news, Switzerland’s SVME manufacturing PMI climbed unexpectedly to a level of 49.40 in May,...

For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 124.83.In the Asian session, at GMT0300, the pair is trading at 124.75, with the USD trading 0.06% lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.5201, after UK’s manufacturing PMI missed market estimates in May.Yesterday, the UK manufacturing PMI climbed...

GBP/USD broke lower so we see wave 2/B as completed at 1.5690 from where pair fell sharply down into C or 3 that already reached our minimum expected zone near 1.5350, but ideally market will fall...

For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0929.In economic news, the flash consumer price index in Germany rose 0.10% on a monthly basis in May, at par with...

EUR/USD With May Eurozone CPI on tap, there is a possibility of enhanced volatility. As I have said before, the dominant very-short-term trend is down and likely to continue, and as such, a break...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/GBP • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

EUR/USDRisk reward: 2.75Volatility: HighUp at 1.0917 Limit 1.0885 Target 1.1005USD/JPYRisk reward: 2.22Volatility: HighDown at 124.82 Limit 125.14 Target 124.11GBP/USDRisk reward: 2.09Volatility:...

There’s generally a correlation in the currency markets where any bounce in the price of WTI inspires similar momentum in those currencies linked to commodity prices. However, this hasn’t...

The Reserve Bank of Australia gave the Australian dollar a boost, as it not only kept interest rates unchanged as expected but also retained its neutral bias towards future policy. There were some...

2nd June: Very clearly this has somehow made its way to approach the (minimum) target at 125.13. However, I suspect we'll see a little higher because the (green) Wave (a) of Wave (iii) will approach...

For just on two years, forecasts of exchange rates for major currency pairs by a select group of market analysts have been made available on fxstreet.com each Friday. Forecasts are provided for one...

Good morning. Hope all is well! We seem to have had a moderate forecast for yesterday with a 57% accuracy on our predictions. British pound, Australian and New Zealand dollar pairs are on our watch...