Forex Opinion & Analysis

Cable is trading sideways at the moment. However, we are seeing that the mid term stochastics are looking to change direction from bearish to bullish, and we'll have to see how this unfolds over the...

EUR/USD aims through 1.3965 cycle peak for key 1.40 handle (and above)A prod higher on Monday to build on the resilient Friday digestion above 1.3830, rejecting the threat of a top.Whilst holding...

Market CommentaryMost of the FX majors are traded flat especially the Common Currency and the Cable. The Dollar Index (DX) approaching medium term support of 79.00 ranges, daily close below 78.80...

The Yen has clawed back some serious ground in the last few days as risk aversion has been the name of the game, given the spate of events in Russia and minor worries over China and its ability to...

EUR/USDRisk reward: 1.69Trend: DownSell at 1.3932 SL 1.3964 TP 1.3878USD/JPYRisk reward: 1.84Trend: DownSell at 101.86 SL 102.18 TP 101.27 GBP/USDRisk reward: 1.81Trend: DownSell at 1.6648 SL 1.6680...

EUR/USD has been rising steadily in the last few trading sessions – following the earlier breakout of the daily key resistance level 1.3830 (that was previously identified by Autochartist)...

The U.S. dollar traded mixed versus the majority of its counterparts but has gained against some of the majors while risk aversion continues to dominate sentiment. Elections held on Sunday in the...

For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 0.9084, after the Westpac Banking Corp dropped its view for an additional easing measure by the Reserve Bank of...

For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.8735, following an upbeat US industrial production data.Yesterday, a monthly survey from Bloomberg, showed that...

For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 101.90.The Japanese Yen gave up ground against its US counterpart as easing Ukraine tensions weighed on the...

For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6639, as the latter advanced following an upbeat US industrial production data. However, the gains in the greenback...

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3925, rebounding from its earlier losses, resulting from a lacklustre Euro-zone’s consumer inflation report, which...

The AUD/USD did eventually break higher as predicted to challenge the 9080 trend line and Fibonacci resistance, then last week's high at 9103 as expected. We topped almost exactly here but now need to...

AUD/USD remains lifted today, keeping most of yesterday's gains. To be fair, it is not difficult for prices to hold on to Monday's gains as market sentiment is broadly bullish judging by the rallies...