Forex Opinion & Analysis

With the 18-member single currency sitting high and mighty all Draghi has been capable of doing so far is basically re-open the "verbal intervention playbook" -- buying time in the hope that an...

EUR/USDCurrent level - 1.3815 The outlook here remains negative, for a slide towards 1.3780 support zone. Initial minor resistance lies at 1.3835, followed by the major one at 1.3875. USD/JPYCurrent...

Forex News and Events: The softness in UK inflation figures triggered a short-lived price action in GBP trading this morning. The Cable rebounded from a week low, EUR/GBP shortly tested the 50-dma....

Market BriefAs expected, BoJ’s Kuroda and the Japanese PM Abe met to exchange views on the financial situation. According to Japanese news agency Jiji, Mr. Kuroda wouldn’t hesitate to add...

The U.S. Dollar rose on Monday against the majority of its Forex counterparts subsequent to the announcement of stellar economic news which showed that U.S. Retail Sales went up 1.1 percent last...

EUR/USD - European Session The pair dropped yesterday and is currently trading below Linear Regression Indicator 55 and 23.6% correction at 1.3850, as stabilizing below it reduces positivity...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.39; (P) 170.15; (R1) 171.81; A temporary low is formed at 169.50 in GBP/JPY and intraday bias is turned neutral first. Overall outlook is unchanged. Price...

The euro lost ground across the board today after comments by ECB president Draghi over the weekend, signaling that the bank would ease monetary policy further on a further strengthening of the...

Autochartist recently identified the Flag chart pattern on the 30-minute EUR/CAD charts – as you can see from the following trade opportunity alert for this currency pair. The price is expected...

EUR/USDThe Euro gapped downward this morning after strong “forward guidance” by Draghi (ECB) that if the Euro strengthened much more then central bank intervention may be needed. The...

For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9412.LME Copper prices declined 0.6% or $41.0/MT to $6645.0/MT. Aluminium prices fell 0.4% or $7.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.0968, despite robust retail sales data which rose at the fastest pace since September 2012.Meanwhile, the Loonie...

For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.8804.In the Asian session, at GMT0300, the pair is trading at 0.8805, with the USD trading tad higher from...