Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD weakened 0.34% against the USD to close at 0.7605.LME Copper prices rose 0.04% or $2.5/MT to $5786.0/MT. Aluminium prices rose 0.26% or $4.5/MT to $1754.0/MT.In...

For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.2740.In the Asian session, at GMT0400, the pair is trading at 1.2757, with the USD trading 0.13% higher from...

For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 1.0091.In the Asian session, at GMT0400, the pair is trading at 1.0125, with the USD trading 0.33% higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 121.43, rebounding from its previous session losses.In the Asian session, at GMT0400, the pair is trading at...

For the 24 hours to 23:00 GMT, the GBP fell 0.89% against the USD and closed at 1.4935, following dismal industrial as well as manufacturing production data in the UK.Industrial production in Britain...

EUR/USDRisk reward: 2.78Volatility: HighUp at 1.0502 Limit 1.0470 Target 1.0591USD/JPYRisk reward: 2.63Volatility: HighDown at 121.61 Limit 121.93 Target 120.77GBP/USDRisk reward: 2.09Volatility:...

Talking Points: USD/JPY Technical Strategy: Flat Support: 120.82, 119.70, 117.17 Resistance: 121.91, 123.88, 125.84 The US dollar continues to stall below the 122.00 figure against the Japanese...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11965, 11854, 11737 Resistance:12107, 12221, 12335 The Dow Jones FXCM US Dollar Index continues its...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9987, 0.9841, 0.9660 Resistance: 1.0132, 1.0313, 1.0604 The US Dollar extended its advance against the Swiss Franc for a tenth consecutive...

Talking Points:GBP/USD Technical Strategy: Short at 1.4926 Support: 1.4950, 1.4696, 1.4431 Resistance: 1.5023, 1.5224, 1.5551 The British Pound renewed its downward push against the US Dollar having...

EUR/USD Open 1.0544 High 1.0718 Low 1.0491 Close 1.0542 On Wednesday Euro/Dollar decreased strongly with 210 pips. The European currency depreciated from 1.0718 to 1.0509 yesterday, matching the...

EUR/USD – Non-Volatile Bearish Trend (4hr chart)Continuing its bear trend, the price action trend has been non-volatile and pretty stable with heavy imbalance in the selling. We talked about...

Good morning. Hope all is well. We seem to have had a bit of a turmoil on our forecast for yesterday with only a 43% accuracy on our predictions. This was due to the US dollar strengthening further...

GBP/JPY: Long Positions are still open for the pair. The GBP looks still strong with a currency score of 6 and the JPY has a score of 5. The score difference should be higher by preference.Possible...