Forex Opinion & Analysis

Talking Points Strategy: Flat Doji Suggests Bulls May Have Lost Some Steam H4 Timeframe Reveals Reluctance From The Bulls NZD/USD has seemingly lost some upward momentum as signaled by a Doji...

Talking Points Strategy: Short, Stop: 1.5770 (Close), Target: 1.5450 Lack Of Reversal Signals Casts Risks Lower Intraday Chart Casts Doubt On A Bounce GBP/USD continues its descent with a void...

Talking Points Strategy: Flat Doji Suggests Bulls Have Lost Momentum Evening Star Offered An Early Warning AUD/USD traders are showing signs of indecision as denoted by a Doji formation on the...

The U.S. Dollar rose against the majority of its Forex counterparts and traded at the highest rate in twelve months versus the British Pound after the Bank of England indicated that the U.K. economy...

EUR/USD - European Session The pair dropped after failing to breach 1.2500 levels. Stabilizing below 1.2485 is negative and support the suggested expectations of moving to the downside targeting...

RUB: Focus on the fundamentals We believe that fundamentals take centre stage in terms of our rouble forecast and we particularly highlight that given the present level of the oil price, the rouble...

For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8712.LME Copper prices rose 0.04% or $3.0/MT to $6755.5/MT. Aluminium prices rose 0.15% or $3.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.1373. The CAD lost ground, after Canada’s new housing price index rose 0.1% on a monthly basis in September,...

For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 115.79.In the Asian session, at GMT0400, the pair is trading at 116.02, with the USD trading 0.2% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.38% against the USD and closed at 1.5707.Yesterday, the BoE’s Deputy Governor, Ben Broadbent reiterated that interest rate hike in the UK would be...

For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2475.In economic news, monthly consumer prices in Germany, registered a drop of 0.3% in October, registering a 4th...

The AUD set up nicely for a short trade consistent with the trend. An interesting note here is the Reserve Bank of Australia has not ruled out intervention and has repeated that the AUD/USD...

As my colleague Chris Tedder noted earlier today, the Australian dollar was hit by a one-two punch of weak Chinese data and comments from RBA Deputy Governor Kent, who stated that the RBA would not...

Possible pullback to POC zonesAUD/NZD shows a strong confluence around POC1 and POC2 respectively. POC1 shows multiple fibs + DPP+ H3 in the 1.1085 - 1.1095 zone. POC 2 is the combination of inner...