Forex Opinion & Analysis

While forex reporters and analysts have flocked to North America and Europe over the past few months, little notice has been given to what is happening in the land down under. The Aussie remains the...

With AUD/NZD trading at a 4-week low (and back within a trading range it took 4-months to break out of) the medium-term bias favours further downside taking the technicals and rate differential...

I still favour 81.06 on the US Dollar Index to be a swing high, and for the greenback to retrace towards the 80 level - however I also expect mild gains leading into today's session with a potential...

FTSE ASFA Australia 200 for Thursday, June 19, 2014Over the last couple of weeks the Australian 200 Index has slowly fallen back and broken back down through the key 5500 level towards a four...

AUD/USDThe Australian dollar has surged higher in recent hours from down near 0.9330 up to around 0.94 however the resistance level at 0.9425 looms large and is likely to continue to play a...

GBP/USD BIAS: We should now see follow-through to 1.7038 (minor risk of 1.7070)Resistance: 1.7011 1.7023 1.7038 1.7052 Support: 1.6975 1.6953 1.6935-40 1.6919 MAIN ANALYSIS: Losses were restricted to...

The AUD/USD bounced strongly from 0.9321, suggesting that the pair remains in uptrend from 0.9208, the fall from 0.9437 would possibly be consolidation of the uptrend. Further rise to test 0.9437...

As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely the Aussie, the British pound, the euro and the...

The EUR/USD continues to hold within a consolidation. Today’s expectation is growth to 1.3586 level or higher. Then we expect developing ascending trend with 1.3676 as a target. In case it...

Talking Points EUR/USD consolidates above key pivot USD/CAD near low end of recent range SNB to be positive catalyst for EUR/CHF? Foreign Exchange Price & Time at a Glance: Charts Created using...

The Indian rupee faced selling pressure in later deals on Wednesday as Islamic militants attacked Iraq's biggest oil refinery located in Baiji, causing fears of disruption in oil supplies.The...

GBP/USD has edged lower on Wednesday, as the pair trades in the mid-1.69 range in the North American session. The pair briefly moved above the 1.70 early in the day but was unable to...

EUR/USDWith little macro or data to guide the pair, the EUR/USD has trended steadily upward, led in part by EUR positive inflows via the EUR/GBP cross as the dovish BoE minutes weighed on GBP. A...

USD/JPYThe major currencies are in a holding pattern on Wednesday, ahead of today's US Federal Reserve's policy statement. USD/JPY is no exception, trading at the low-102 range. In economic news,...