Forex Opinion & Analysis

AUD/NZD The cross regains strength and rallies through 1.1200 resistance, in attempt to build a base at 1.1100 zone, where recent weakness found temporary ground. Regain of 1.1200 hurdle and previous...

AUD/USD The pair posted marginally lower low at 0.9054, after recovery rally off previous low at 0.9064, stalled at 0.9148, failing to complete cup and holder pattern and resume corrective rally...

USD/JPY The pair remains steady and posted fresh high at 102.61, with subsequent pullback on. overbought near-term conditions, under way. Initial support lies at 102.00 and is reinforced by hourly...

GBP/USD Cable remains steady and approaches key barrier at 1.6380, 02/01 annual high, as eventual break above critical barrier and congestion top at 1.6259, triggered fresh bull-phase of larger...

EUR/JPYThe pair continues to trend higher, with 139.00 resistance being under cleared and fresh high posted at 139.69. Corrective pullback on oversold near-term technicals is expected to precede fresh...

EUR/USDThe Euro consolidates around 1.36 handle, after hitting marginally higher high at 1.3620, with yesterday’s close above 1.3600. Overall positive tone sees further upside favored, with...

EUR/USD has edged higher in Friday trading, as the pair trades slightly above the 1.36 line. Eurozone numbers were weak, as German Retail Sales declined 0.8% in October. French Consumer Spending also...

EURUSD is now testing resistance at 1.3625/30 & is just sitting above the upward sloping trend line at 1.3590 today. This is the last hurdle & a close above 1.3630 today is positive for next...

There is growing reason to be suspicious of the current state of dollar weakness, which has now failed to really appear in any meaningful way overall, save for a few exceptions. True, the European...

GBP pulled to new highs for the cycle against the US dollar after the Bank of England indicated it would stop the funding-for-lending scheme in 2014 for mortgage-based lending and would instead focus...

AUD/USD is again at the lows but we see very slow and choppy price action at the lows so we suspect that wave B), which is a corrective leg, is still unfolding. A strong bullish divergence on the RSI...

U.S. Dollar Rallies Against Yen & EuroThe U.S. Dollar traded to the upside and hit a six-month high against the Yen while advancing against the Euro, as the U.S. market was closed for the...

EUR/USDTrading range: 1.3635 - 1.3535Trend: DownwardSell at 1.3622 SL 1.3654 TP 1.3545 USD/JPYTrading range: 102.45 - 101.55Trend: DownwardSell at 102.35 SL 102.67 TP 101.6 GBP/USDTrading range:...