Forex Opinion & Analysis

Amid the deep slumber in EURUSD and USDJPY and even GBPUSD to a degree, we are seeing reasonable volatility around the edges of the G10 currencies, as yesterday’s ugly close on Wall Street is...

EUR/USD The pair is trading weakly but stable above Linear Regression Indicators and above 1.3520. We notice that RSI is still trying to breach line 50 to the upside forcing us to think that there is...

EUR/USDRisk reward: 1.50Trend: UpBuy at 1.3603 SL 1.3571 TP 1.3651USD/JPYRisk reward: 1.13Trend: UpBuy at 101.89 SL 101.57 TP 102.25GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.6979 SL 1.7011...

EUR/USD The euro consolidates around 1.36 handle after yesterday’s repeated upside rejection and quick reversal to the levels below 1.36. Price action on hourly timeframe remains directionless...

Talking Points:Euro Still Looking to ECB Commentary for Stimulus Expansion Clues Currency Markets May Look Past Another Downgrade of 1Q US GDP US Dollar to Rise if Durables, PMI Data Top...

Despite grinding higher, I have revived my old analysis of the AUD/CHFand the potential bearish wedge formation in light of recent price action.Below you may find the video

GBP/JPYDaily Pivots: (S1) 172.85; (P) 173.27; (R1) 173.62; Outlook in the GBP/JPY is unchanged. It should be noted that the cross is staying in medium term range below 174.84 key resistance. In case...

GBP/USDOpen 1.6986 High 1.7033 Low 1.6953 Close 1.6983On Tuesday the GBP/USD decreased with 75 pips. The Cable depreciated from 1.7033 to 1.6965 yesterday, in line with the negative money flow...

EUR/USDThe French economy will expand less than President Francois Hollande’s government expects this year and unemployment will climb as consumer spending and exports fail to accelerate, the...

GBP/JPY recently broke the Flag chart pattern that was previously identified by Autochartist on the hourly charts – as you can see from the following trade alert for this currency pair. GBP/JPY...

EUR/USD Daily Analysis: Right on cue EUR/USD drops on weak demand before establishing a new high, leaving the short-term trend mixed. As we mentioned yesterday a fair market price has been...

The U.S. Dollar traded mixed against its Forex counterparts subsequent to the release of solid numbers denoting improvements for Manufacturing and the Property market. The greenback was impacted by a...

For the 24 hours to 23:00 GMT, the AUD weakened 0.63% against the USD to close at 0.9366.LME Copper prices edged up marginally by $2.5/MT to $6898.5/MT. Aluminium prices rose 0.1% or $1.5/MT to...