Forex Opinion & Analysis

EUR/USD collapsed to our target of 1.0780 and holding below here as I write now. The break of the 3 week trend line support adds pressure and a break below 1.0755/50 targets last week's low of...

AUD/USD first resistance at 7685/90 is key to direction. Try shorts again today with stops above 7705. Be ready to go with a break higher however to target the next resistance at 7730/35. Further...

EUR/USDCurrent level - 1.0753 The intraday outlook here is negative below 1.0800 resistance, for a tight test of 1.0712 low. Crucial on the upside is 1.0885...

EUR/USD The euro accelerated lower after recovery attempts stalled at 1.0886 yesterday, with extension below trendline support at 1.0820 and previous low of 07 Apr at 1.0800, reinforced by daily...

EUR/USDRisk reward: 2.34Volatility: HighDown at 1.0788 Limit 1.0820 Target 1.0713USD/JPYRisk reward: 2.03Volatility: AverageUp at 120.25 Limit 119.93 Target 120.90GBP/USDRisk reward: 2.78Volatility:...

Market BriefAll quiet in the FX market. Wall Street ended the day in positive ground while traders digested the minutes of the last FOMC meeting. Most US equity indexes depreciated sharply on the...

The New Zealand dollar is consolidating into a nice pennant shape on the daily chart as it bounces between the recent 4 year lows and the solid resistance at the 76 cent mark. Source: Blackwell...

EUR/USDThe euro fell slightly against the dollar on Wednesday after the minutes from the Federal Reserve's March meeting signified that the U.S. central bank could be placing more emphasis on the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.64% against the USD to close at 0.7690.LME Copper prices rose 0.23% or $14.0/MT to $6055.0/MT. Aluminium prices declined 0.56% or $10.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2540. The commodity based currency CAD was weighed down by the plunge in crude oil prices.In the Asian session, at...

For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9665. The Swiss Franc lost ground, after consumer prices in Switzerland dropped 0.9% YoY, registering its steepest...

For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 120.13.In economic news, Japan’s Eco watchers survey for the current situation advanced to 52.20 in March,...

For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.4883, rebounding from its previous session losses.In the Asian session, at GMT0300, the pair is trading at 1.4874,...

For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.0786, on the back of downbeat German factory orders data.Data showed that German factory orders unexpectedly fell...