Forex Opinion & Analysis

Global market volatility has shifted to the Asian session of late, prodded along by a surprise announcement Reserve Requirement Ratio cut out of China and the latest economic musings from the RBA....

With EUR/DKK currently close to the central rate of 7.46038, current liquidity in the money market and interest rates appear to be adequate. The bulk of economic forecasts predict the Danish current...

BackgroundNZDUSD is trading near the top of the recent range on expectations of Federal Reserve dovishness, while AUDNZD Is near parity and the market is enthusiastic to be long the G10’s...

GBP/USD Open 1.4897 High 1.4985 Low 1.4855 Close 1.4902 On Monday pound/dollar decreased with 130 pips. The cable depreciated from 1.4985 to 1.4855 yesterday, in line with the negative money flow...

Forex News and EventsAsian stock markets reverse yesterday’s sharp declines as hopes of new economic stimulus from China and decent corporate earning helped eased concerns. USD was stronger in...

USD/CADCurrently we are at 1.2222 in a bear flag which is bearish. We are looking for a flag break and then a continuation to the 1.270 Fibo support area @ 1.2122 with an overall target @ 1.2013. The...

EUR/USD - Technical Report EUR/USD pair breached 1.0715 support level, and that cancel our previous bullish expectation. Trading below the aforesaid level 1.0715 will cause more pressures to take the...

"It won’t happen within the financial markets…” One better be careful with this statement. One of the results of the giant-dimensions-economic experiment of recent years is a chain...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7752 with target @ 0.7797. Market Scenario 2: Short positions below 0.7678 with target @...

Cable is in a sideways consolidation within a broader down-trend. Within that sideways consolidation it has been rising up in a very short-term up-trend, and then over the last two days has...

EUR/USDCurrent level - 1.0660 The intraday bias is still negative below 1.0711 resistance, with a crucial level at 1.0768. Initial support is projected around...

EUR/USDCurrent level - 1.0660 The intraday bias is still negative below 1.0711 resistance, with a crucial level at 1.0768. Initial support is projected around...

KEY DATA RELEASES TODAY (BST) :10:00 EUR German ZEW Economic Sentiment 55.6 v 54.8 10:00 EUR ZEW Economic Sentiment 63.7 v 62.4 OVERNIGHT: A combination of the recent reduction in rate divergence and...

Market Drivers for April 21, 2015 Euro drops to 1.0650 on reports that ECB could put 90% haircut on Greek Bonds RBA Minutes suggest CB is open to further rate cuts Nikkeii 1.40% Europe 0.65% Oil...