Forex Opinion & Analysis

Market BriefVolatility has begun to creep into FX markets as traders refocus on economic fundamentals rather than geopolitical risks. Asia's regional indices were broadly higher (extension of US...

EUR/USDRisk reward: 1.75Trend: DownSell at 1.3310 SL 1.3342 TP 1.3254USD/JPYRisk reward: 1.78Trend: UpBuy at 103.10 SL 102.78 TP 103.67GBP/USDRisk reward: 2.31Trend: Strong DownSell at 1.6625 SL...

EUR/USD The euro has eventually broken near-term base and consolidation bottom, signaling Resistanceumption of larger downtrend, as the price tested psychological 1.3300 Supportport. Studies on all...

The US Dollar outperformed most major counterparts and extended gains versus the euro to reach a new 9-month high after upbeat US housing starts numbers the previous day boosted the greenback. The...

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.8470, 0.8508-25, 0.8571 Resistance:0.8509-22, 0.8571, 0.8621 The New Zealand dollar moved lower anew against its US counterpart, with sellers...

Talking Points:GBP/JPY Technical Strategy: Flat Support: 170.94, 170.50, 169.78-9 Resistance: 171.58, 172.30, 172.88 The British pound declined against the Japanese yen as expected after putting in a...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 136.22-27, 135.55, 135.18 Resistance:137.62, 138.80, 139.75 The euro is trying to build higher against the Japanese yen as expected after...

EUR/USDThe euro dropped to fresh nine month lows against the U.S. dollar on Tuesday, as upbeat U.S. housing data and a report showing that U.S. inflation was in line with expectations last month lent...

Autochartist recently identified the Down Channel chart pattern on the daily EUR/JPY charts – as you can see from the following trade alert for this currency pair. EUR/JPY is expected to break...

For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.9299.LME Copper prices rose 0.4% or $24.5/MT to $6934.5/MT. Aluminium prices rose 1.7% or $33.0/MT to $2028.0/MT.In...

For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.0939.In the Asian session, at GMT0300, the pair is trading at 1.0946, with the USD trading 0.06% higher from...

For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9093, following upbeat economic releases from the US.In the Asian session, at GMT0300, the pair is trading at 0.9095,...

For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 102.92.In economic news, Japan’s leading index rose for more than expected in June to a reading of 105.9,...