Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9645.In economic news, the Swiss SVME PMI fell more than expected to a reading of 52.1 in November, compared to a...

For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 118.30.Yesterday, Global rating agency, Moody’s highlighted its concerns over Japan’s ability to reduce...

For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.5731, following an upbeat manufacturing PMI data in the UK.The manufacturing PMI in the UK surprisingly climbed to...

For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2473. However, gains in the Euro were kept in check following disappointing manufacturing PMI data in the Euro-zone as...

INTRADAY CHART 2nd December:The Wave -iv- should now be confirmed and following a deep Wave b / iii we have a choice of upside targets - the 298.4%-323.6% projection at 119.62-78 or as much as the...

UP NEXT: TECHNICAL ANALYSIS: AUDNZD: Fading into any rallies Following today's RBA statement the Aussie is experiencing a relief rally from recent losses. With A$ within downtrends across the board...

Good morning. Hope all is well! We have had a bit of a turmoil on our forecast for yesterday with only 3 pairs behaving as predicted. This was mainly due to our lack of sense of direction on the US...

Parabolically down, that is. Below is a chart of the US dollar / Russian ruble exchange rate; as the chart goes up, the value of the US dollar is appreciating relative to the Russian ruble (meaning...

AUD/USD for Tuesday, December 2, 2014 The Australian dollar hasn’t had a great last couple of weeks as it has dropped sharply and fallen to a new multi-year low to start this week around 0.8420...

Chris looks at the upcoming Tuesday session in the EUR/USD pair, as we start to focus on the employment picture in America later this week.Below you may find the video

CFTC COT Monday Release due to Thanksgiving Holiday The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Monday due to US...

After sliding over 9% against the US dollar last week, the USD/RUB started this week cowering on the ropes. Sensing blood, traders have delivered the proverbial knockout punch today, driving the...

The question on everyone's lips since last week is obviously how far will crude prices fall and more specifically, how much this will affect the CAD. If we base ourselves on the fact that Friday's...

EUR/USD EUR/USD has continued to edge higher despite disappointing PMI’s from Eurozone heavyweights Germany and France while also shrugging off poor Italian GDP which confirmed its second...