Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.3258. The US Dollar gained ground after the US Fed, in the minutes of its latest policy meeting, highlighted the...

BIAS: We should see a correction from 103.93 towards 103.19-40 before higher againResistance: 103.93-07 104.29 104.54 104.75-80Support: 103.55-60 103.32-40 103.05-19 102.90MAIN ANALYSIS: Yesterday...

Daily FX Market Roundup 08.20.14Dollar Soars as FOMC Minutes Signal Potential ChangeEUR Drops to 11 Month LowsWhy Hawkish BoE Minutes Failed to Drive GBP HigherNZD Drops to 5-Month LowAUD: Neutral RBA...

fter threatening to break through the support level at 0.93, the Aussie has finally slid lower to below this level after mounting another rally in recent hours. Over the last month or so, it has...

The Australian 200 Index has finally been able to crack it and surge higher to a new six year high around 5650 in the last day after enjoying a solid move higher over the last week bouncing off...

EUR/USD Open 1.3258 High 1.3325 Low 1.3240 Close 1.3257On Wednesday the EUR/USD continued decreasing with 70 pips. The european currency depreciated from 1.3325 to 1.3254 yesterday, matching the...

EUR/USD on Wednesday tentatively broke down below its original downside target of 1.3300, establishing a new 11-month low and extending the sharp bearish trend that originated from the May multi-year...

Talking PointsGBP/USD Rebounds From Fresh Monthly Low (1.6600) on BoE Dissent USD/JPY to Eye April High (104.11) on Close Above 103.30 US Dollar Threatens Former Support; RSI Pushes Back Into...

AUD/USD has edged higher on Wednesday, as the pair trades close to the 0.93 line early in the North American session. The pair dipped on Tuesday, following parliamentary...

The US dollar climbed to the highest level against the yen in four and a half months in Tokyo on Wednesday, hitting 103.34 yen at one point on optimism over the U.S. economy driven by upbeat...

EUR/USDAs has been the case throughout the week, today’s session saw an absence of tier 1 Eurozone data or economic commentary to guide the price action for the EUR/USD. Nonetheless, the pair...

Talking Points GBP/USD Tests Resistance on News Range Resistance Begins at 1.6646 S3 Support is at 1.6582 (Created using FXCM’s Marketscope 2.0 charts) The GBP/USD attempted to break higher...

Currently we are at 94.31. We have a Break of the rectangle and looking for a continuation to the strong resistance area at 94.75 with an overall target at 95.00.  The average daily true range...

GBP/USD: Correction On Daily ChartWe have a retracement on daily chart, the price is trading below a former support (1,6665). It seems that the dollar is strong enough to drag this pair even lower, we...