Forex Opinion & Analysis

Sterling has moved to new session highs, even as the euro is pinned near its lows. The market's response to the Bank of England's Quarterly Inflation Report and updated forward guidance is going to...

EUR/USD topping structure leaves setback risk toward 1.3555 and 1.3495A head fake rally and setback Tuesday, as we have continued to flag, stalling at and capped by firm topping barriers at...

Currently we are at 0.9025 after the break north of the wedge. We are looking for a bullish continuation to the Day chart Trend line/resistance area at 0.9047. The average daily true range (ATR) for...

EUR/USD, “Euro vs US Dollar” Euro is still forming ascending structure. We think, today price may reach level of 1.3700 and then start falling down towards level of 1.3640. Later, in our...

The AUD/USD pair has bounced strongly back up from its support zone on a daily time frame as predicted. The support zone was given in our analysis on the 29th of November and the price has moved 3607...

EUR/USD is rangebound on Wednesday, as the pair trades in the mid-1.36 level in the European session. Eurozone Industrial Production looked weak, posting its third decline in four months....

Australian EmploymentAUD/USD and AUD/JPYThis indicator has been marked by sharp fluctuations, as may be seen below. December’s data was dismal, with a decline of 22.6K. The market had expected a...

Market Snapshot: AUD: The Dollar rallied on the back of positive Chinese Trade Balance Data today to see it near 5-week highs. We await Australian employment tomorrow at 11:30 AEDT to see if we can...

We saw the move to 1.3677 and now we are trading back a little. Markets have been quiet and the euro is currently back below the Daily Pivot located at 1.3650, with the high being 1.3647. If this...

Nothing too market moving was announced by Jannet Yellen in her first testimony to congress, in what turned out to be a marathon grilling lasting many hours. There was seemingly some progress in the...

The market’s reaction to Yellen’s testimony was rather interesting, as there was nothing particularly dovish in the testimony itself relative to market expectations, but the USD failed to...

The Kiwi Dollar climbed higher following a stronger than expected Chinese Trade Balance which was released around 10.05 am SGT (9.05 pm EDT). Even though China is the 2nd on the list of New Zealand...