Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9727.In the Asian session, at GMT0300, the pair is trading at 0.974, with the USD trading 0.13% higher from...

For the 24 hours to 23:00 GMT, the USD weakened 0.57% against the JPY and closed at 119.38, after the US advance retail sales rose less than expected in March.Yesterday, the IMF upgraded Japan’s...

For the 24 hours to 23:00 GMT, the GBP rose 0.70% against the USD and closed at 1.4774. Gains in British Pound were kept in check, after consumer prices in UK remained flat on an annual basis in...

For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.0650, on the back of upbeat industrial production in the Euro-zone.Data showed that industrial production in the...

Talking Points: USD/JPY Technical Strategy: Flat Support: 118.93, 118.20, 117.30 Resistance: 119.66, 120.68, 121.41 The US dollar fell against the Japanese yen as expected after prices put in a...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 12066, 11980, 11868 Resistance:12177, 12356, 12502 The Dow Jones FXCM US Dollar Index corrected sharply...

Possible positions for this week There are many good opportunities in the Top 10 of the Ranking and Rating list. The pairs discussed last weekend in the strategy article remains interesting. These are...

EUR/USD Open 1.0648 High 1.0708 Low 1.0529 Close 1.0649 On Tuesday euro/dollar increased significantly with 190 pips on poor U.S. retail sales. The European currency appreciated from 1.0529 to 1.0708...

AUD/USD for Wednesday, April 15, 2015After placing great pressure on the resistance level at 0.77 over the last week, the Australian dollar fell heavily in the last 48 hours to back below 0.76 before...

USD/CHF INTRADAY CHART BIAS: After a correction higher look for losses down to 0.9569-0.9607 before higher againResistance: 0.9753-58 0.9794 0.9815 0.9835-40Support: 0.9698-11 0.9672 0.9637...

After getting off to a rough start yesterday morning, North American equity markets gained back some of their mojo in the afternoon session as red figures turned green just before lunch and stayed...

Chris looks at the upcoming Wednesday session in the EUR/JPY pair as the euro continues to look soft in general.Below you may find the video

Preferred Elliott wave view suggests EUR/AUD cycles remain bearish against 6th April high (1.4447). Decline from 1.4447 – 1.3753 was a double three Elliott wave structure i.e. (w)-(x)-(y) when...

Overall, I have maintained a bearish view of the Euro versus the USD on a macroeconomic basis, based on comparatively weak European growth and expectations of rate rises in the United States. However,...