Forex Opinion & Analysis

GBP/CAD continues to fall after the recent breakout of the daily Rising Wedge chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity...

EUR/USD Daily AnalysisEUR/USD dropped as expected though never rallied high enough to trigger a sell signal for us – we were waiting in the 3810-3850 resistance zone. Jobless claims rose to...

For the 24 hours to 23:00 GMT, AUD weakened 0.15% against the USD to close at 0.9233, hurt by soft Australian retail sales and Chinese service PMI data.Yesterday, the PBOC stated that the domestic...

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1037. However, the Canadian Dollar pared some its initial losses after data showed that Canada’s merchandise...

For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8908.In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading 0.17% higher from...

For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 103.90.In the Asian session, at GMT0300, the pair is trading at 103.95, with the USD trading slightly...

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3724, after the ECB President, Mario Draghi signalled that policymakers discussed QE as well as a negative interest...

GBP/JPY Daily OutlookDaily Pivots: (S1) 172.04; (P) 172.59; (R1) 173.03; GBP/JPY lost momentum ahead of 173.57 and intraday bias is turned neutral first. Outlook is unchanged. Price actions from...

How will the Dollar React to Payrolls? EUR Crashes - Top 10 Takeaways from ECB Meeting GBP: Has UK Growth Peaked? CAD: Holds Onto Gains as Investors Look Ahead to Canadian Jobs Data NZD: Sting of...

As go commodities so goes the AUD/USD. The recent pick up and bullish performance in commodities as a whole in Q1 of 14' have helped lift the Australian currency 6.9% in the last three months to the...

Talking PointsUSD reverses from key cycle turn window Key resistance awaits at 10,600 Last week we wrote a couple of notes on the potential for a low to be seen around 10,500 in the FXCM Dollar Index...

Swiss Franc – The US Dollar continues to hold important lows versus the Swiss Franc, and the fact that the recent USD/CHF reversal has occurred on a material shift in sentiment favors...

The GBP/USD lost ground on Thursday, as the pair dropped below the 1.66 level. In economic news, UK Services PMI fell short of the estimate. In the US, Trade Balance worsened and missed the estimate....

EUR/USDAs can be expected, the focus for the pair was very much placed upon the ECB rate decision. Despite a slew of Eurozone PMI Services releases, which came in relatively mixed, the pair resided in...