Forex Opinion & Analysis

GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.4615, which will be followed by reaching resistance level...

EUR/USD Main scenario:The pair is trading along a downtrend.The uptrend may be expected to continue while pair is trading above support level 1.0610, which will be followed by reaching resistance...

In our previous technical report for the EUR/GBP pair , we have suggested bearish tendencies after failure to maintain levels above 0.7400. Our proposed clue for the bears was defined at the...

Talking Points: British Pound May Rise if Upbeat Core CPI Figures Boost BOE Rate Outlook US Dollar to Extend Advance if Retail Sales Data Drives Fed Rate Hike Bets UK CPI figures headline the...

EUR/USD Near-term price action comes under pressure again, after corrective attempts off yesterday’s fresh one-month low at 1.0519, stalled at 1.06 zone, where solid resistance has...

China has collapsed in trade surplus, raising fears for UK and the global economy. Yesterday, data showed that Chinas outgoing trade tumbled 15% last month, the biggest drop for more than a year and...

Asian Session – EUR/JPY falls to 22-month low as Japanese PM’s advisor says the currency too weakThe yen rallied on the absence of important news today, after an advisor to the Japanese...

MARKET SNAPSHOT: UP NEXT: TECHNICAL ANALYSIS: NZD/JPY: Preparing to roll over (again) GBP/CAD: Bearish below 1.850

For about 20 Months we have watched the EUR/GBP pair preforms what seems like a free-fall without a parachute. The question asked by many people is has it ended Last month when it hit 0.70122 and...

INTRADAY CHART 14th April:We appear to have seen the Wave -b- at the 51% retracement and therefore we should be seeing a 5-wave decline. Currently we are in Wave (a) of Wave (iii) and it looks as if...

EUR/USDThe euro continued its steady depreciation against the U.S. dollar on Monday moving close to a 12-year low, as tensions between Greece and its creditors remained high and ahead of a flurry of...

The dollar climbed against most currencies on Monday on renewed optimism among investors that the Federal Reserve would stay on track to raise interest rates this year. A surprise decision by...

For the 24 hours to 23:00 GMT, the AUD weakened 1.08% against the USD to close at 0.7588.LME Copper prices declined 0.72% or $43.5/MT to $6011.5/MT. Aluminium prices rose 0.48% or $8.5/MT to...