Forex Opinion & Analysis

The US dollar’s performance found confirmation late yesterday and overnight, with fresh local highs etched in virtually all USD pairs, and with the mighty greenback not far from pulling to new...

Market BriefThe USD remained broadly in demand across the board as Dallas Fed’s Fisher said the emphasis on wages is dangerous, while the inflation should bounce with stabilizing energy prices....

I went short AUD/NZD this morning. I am expecting the resume of the currency pair’s long-term downtrend towards 1.03. Here is why I am now short on the Australian dollar against New...

The EUR/USD pair has continued lower, breaking below mild historic support at 1.0762 and continuing down. It is in such a strong down-trend that it is expected to continue falling lower. The next...

EUR/USD The euro came under pressure and accelerated below 1.08 handle, after yesterday’s consolidation was capped by descending 4-hour 10EMA at 1.09 zone. Bears took full control and looking...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.97; (P) 182.78; (R1) 184.05; The strong recovery in GBP/JPY and break of 183.69 minor resistance dampened the bearish case. Intraday bias is back on the...

GBP/USD Open 1.5101 High 1.5138 Low 1.5031 Close 1.5123 On Monday pound/dollar increased with 105 pips. The Cable appreciated from 1.5031 to 1.5138 yesterday, in converse with the negative money flow...

Dollar's rally continues after brief consolidations yesterday. The dollar index edged higher to 97.88 while USD/JPY also strengthens to 121.61, heading to 121.84 resistance. The greenback also stays...

For the 24 hours to 23:00 GMT, the AUD weakened 0.33% against the USD to close at 0.7692.LME Copper prices declined 0.45% or $26.5/MT to $5800.0/MT. Aluminium prices declined 1.37% or $24.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2618. The CAD lost ground, after housing starts in Canada rose to 156.30K, down from previous month’s revised...

US Dollar Index is already at new high which has been technically expected as market made a triangle in fourth wave which is a continuation pattern. Price has a strong momentum now so we believe that...

For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9864, extending its previous session gains.In the Asian session, at GMT0400, the pair is trading at 0.9894, with the...

For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 121.34.Yesterday, data revealed that Japan’s Eco Watchers Survey for the current situation recorded a rise...

For the 24 hours to 23:00 GMT, the GBP/USD rose 0.36% against the USD and closed at 1.5112.In the Asian session, at GMT0400, the pair is trading at 1.5084, with the GBP trading 0.18% lower from...