Forex Opinion & Analysis

U.K. Inflation Soft GBP/USD fell to trade at its lowest levels since September 13 yesterday, after CPI data missed expectations. The U.K. Office of National Statistics showed that consumer price...

EUR/USDEuro continues forming ascending structure; right now market is consolidating inside its third wave. We think, today the price may reach local target at 1.3554 and then fall down again to break...

AUD/USD (daily chart) has continued its breakdown below both a bearish head-and-shoulders reversal pattern and the key 0.9400 support level. This follows a previous inverted (bullish)...

Market Drivers for November 13, 2013 Lew calls for clarity from China UK Claimant count improves -41K vs. -33K, Carney unemployment threshold reached sooner Nikkei -0.15% Europe -0.36% Oil...

Deflation theme spreads around EuropeBoth the UK and Sweden yesterday reported weak inflation numbers, with the latter tilting into outright deflation in headline terms and near the lowest level in a...

Today we will discuss the trade opportunities for USD/JPY. The pair has been climbing higher from the last couple of weeks and currently facing a resistance at around 99.60/80 level. I think the pair...

EUR/USDCurrent level - 1.3436Still in the consolidation pattern above 1.3295 low and until 1.3450 major resistance is intact, the outlook will be negative, for a renewal of the downtrend. The intraday...

The first two days of the new week started with an upswing. Yesterday, buyers found a resistance that can be very important for the mid-term situation on the EUR/USD. It is the upper blue line and it...

Canadian employment figures for September, released last Friday, were better than expected. The Unemployment Rate came in at 6.9%, 0.1% below the forecast, and the economy created 13,200 new jobs. The...

Kiwi Dollar took an early beating this morning following the release of RBNZ's half yearly report on financial stability. In which the central bank reiterated the problem of rising house pries as a...

A lower than forecast inflation figure yesterday for the UK sent cable falling around 100 pips on fears that this could hinder forward guidance and a rate rise with falling inflation. This then...

EUR/USD: European SessionThe pair moved to the upside yesterday but remained stable below 1.3470. Stability below the referred to level keeps the possibility of bringing back the downside move. We...