Forex Opinion & Analysis

The main thing of Monday and today’s Asian is the surprisingly good risk appetite following the Crimea vote and posterior Putin's decision to sign order recognizing Crimea as a sovereign state....

European SessionEUR/USD The EUR/USD turned to the upside to confirm stability above 1.3890 resistance, now good support. Trading above this level keeps chances for the upside move intact.Linear...

EUR/USDTheeuro holds positive sentiment and bounced off 1.3840 higher base, to test levels close to fresh high at 1.3965, posted on 13 Mar. Near-term price action moves in triangular consolidation,...

GBP/USD Open 1.6635 High 1.6666 Low 1.6587 Close 1.6632On Monday the GBP/USD traded within narrow 60 pip range. The Cable appreciated from 1.6604 to 1.6666 yesterday, in converse with the negative...

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...

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/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)...

EUR/USD Daily Analysis: The EUR/USD has consolidated within 1.3830 and 1.3970 for 11 days now, steadily marching upward toward 1.40. Contrasting with that bullish short-term and medium term tend is a...

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 declined 0.32% against the CAD to close at 1.1061, as a soft New York Empire State manufacturing index report and concerns on the economic repercussion of an...

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...