Forex Opinion & Analysis

GBP/CAD continues to fall inside the daily Descending Triangle chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this...

EUR/USD Daily Analysis:The euro broke through some important support levels at the end of last week, key among them was the long-term rising support (navy blue line on daily chart) around...

Both the U.K. and U.S. markets were closed on Monday due to Memorial Day; nevertheless, the greenback was supported by solid data released on Friday. Reports issued by the Commerce Department showed...

Recent reports have said the opposite of market sentiment in the Japanese economy, as it's reported that members of the Bank of Japan (BoJ) are now seeking ways to exit quantitative easing, which so...

The keen eyed trader would have noticed that the Australian Dollar (AUD/USD) has formed a double top pattern and will also know how to take advantage of the upcoming bearish reversal.The AUD/USD pair...

USD/CAD aims through 1.0813 for 1.0735/30 into late MayA push still lower as we had anticipated and highlighted in recent reports through 1.0868 on Friday and the next support at 1.0848 over the past...

GBPJPY – Corrective Structure Suggesting Breakout The GBPJPY which we talked about in our weekly market commentary, has been in a corrective structure after the large engulfing bar + false...

AUD/CADWhile we have not quite made it to Parity, we have approached the 'ideal' time for a cycle trough. Fingers crossed it turns out to be that way. The middle vertical line is my preferred time...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9246, in a quiet trading session.LME Copper prices declined 0.4% or $30.0/MT to $6991.0/MT. Aluminium prices...

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0857, reversing its Friday’s losses triggered by a slowdown in Canada’s month-on-month consumer...

For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 0.8949.In the Asian session, at GMT0300, the pair is trading at 0.8943, with the USD trading 0.07% lower from...

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.92.In economic news, the minutes from the BoJ’s 30 April policy meeting, released early Monday,...

For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.6842, in a holiday-thin trading session on account of a Spring Bank holiday in the UK and a Memorial Day holiday in...

For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3645, recovering from its initial losses which were triggered by ECB President’s dovish remarks and following...