Forex Opinion & Analysis

The Canadian dollar has started the week in the right direction, posting slight gains on Monday. Early in the North American session, USD/CAD is trading in the low-1.04 range. In economic news,...

EUR/USDThe pair finished the session higher, driven by a firmer the EUR/GBP cross and also option related flow after good size strikes expired at 1.3500 level. In terms of EU related commentary, ECB's...

Currencies are on the move this morning thanks to the breakout in equities. Two out of the three U.S. composites opened above key technical levels, paving the way for stronger gains in high beta...

USD lower as data backs up Yellen The dollar was broadly lower Monday morning against both G10 and EM currencies after Friday’s weak US data corroborated Fed Chairman Designate Janet...

The pair AUD/NZD is going down and down from the level of 1.1579. And, now the pair AUD/NZD is taking rest at 1.1216. Having alread made a triple bottom, it is also regarded as a strong level of...

The euro is trading higher against the dollar today, and extended gains in the European session despite disappointing Eurozone trade data which showed the current account declined in October. The...

EUR/USDEuro continues forming the third ascending wave. We think, today price may reach local predicted target at 1.3570 and then fall down towards 1.3440. Later, in our opinion, pair may start...

EUR/USD has edged higher on Monday, as the pair trades in the low-1.35 range in the European session. The US wrapped up a disappointing week on Friday with the Empire State Manufacturing Index, which...

This week the scorecard recommends buying JPY, USD, CAD while selling EUR, NOK, NZD. The USD/JPY rose more than 1% and broke above the 100 level in the week ending Friday 15 November. According to...

With a lack of new information out on Friday or today, the main mover for sterling was a comment from the Bank of England member Martin Weale. He commented that even if inflation was close to target,...

EUR/USDCurrent level - 1.3500The uptrend here is intact, heading towards 1.3547 high and a break above the latter will target 1.3650 major resistance. Crucial on the downside is 1.3430 low and minor...

Market Drivers for November 18, 2013 USD/JPY slips below 100.00 as dollar weakens a bit EZ Trade Balance in line Nikkei -0.01% Europe -.01% Oil $93/bbl Gold $1282/oz. Europe and AsiaGBP: Rightmove...

XAU/USD Spot Gold trades in extended consolidative phase, with price action being entrenched with 1394/1280 range. Hourly studies are losing traction, with price attempting below main bull trendline...