Forex Opinion & Analysis

Talking PointsNZD/USD Technical Strategy: Flat Support: 0.8581 (23.6% Fib ret.), 0.8480-0.8513 (38% Fib ret., Oct 22 close) Resistance: 0.8675 (Apr’13 high), 0.8745 (Apr 10 high) The New...

Talking PointsUS Dollar Index Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 10439 (61.8% Fib exp.), 10475-84 (channel floor, 23.6% Fib ret.) Resistance: 10401 (76.4% Fib...

Talking PointsUSD/JPY Technical Strategy: Flat Support: 101.48 (channel floor), 100.75 (Feb 4 low) Resistance: 102.11 (23.6% Fib exp.), 102.60 (38.2% Fib exp.) The US Dollar Index may be...

The U.S. Dollar gained against most of the majors and extended its advance versus the Euro as domestic releases confirmed that Consumer Prices climbed more than anticipated in March, easing investor...

USD/JPY Open 101.82 High 102.36 Low 101.41 Close 101.89On Tuesday USD/JPY traded within 50 pip range. The currency couple depreciated from 102.00 to 101.49 yesterday, matching the negative money flow...

China’s economy in Q1 dipped to its slowest level of growth in 18 months it was shown overnight as the valuable construction sector slowed amid calls and plans for ongoing credit tightening. The...

The Australian dollar fell considerably on Tuesday, down around 0.90% on the day, ahead of important Chinese data tomorrow morning (GDP, industrial production). Traders are reluctant to push price...

EUR/NZD continues to rise after the recent reversal from the lower support trendline of the Down Channel that was previously identified by Autochartist on the daily charts – as you can see from...

For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9343, hurt by the RBA minute’s dovish stance on the Aussie.LME Copper prices declined 0.2% or $15.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0986, following the release of a strong US consumer inflation data for March.In Canada, data showed that manufacturing...

For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.8805, as traders cheered an upbeat rise in the US consumer price index for March.On the economic front,...

For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 101.88.Yesterday, Japan’s Chief Cabinet Secretary, Yoshihide Suga indicated that, during a lunch meeting,...

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6724, as the latter advanced following an upbeat US consumer inflation data.In the UK, the National Statistics...

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3811.The US Dollar advanced after an official report showed that annual consumer inflation rate in the US rose...