Forex Opinion & Analysis

The New Zealand dollar is trading lower against the US dollar for a fourth consecutive day in Tuesday's London trading session.The Reserve Bank of New Zealand (RBNZ) bi-annual financial stability...

Market CommentaryThe US Dollar momentum seems to ease off after the Dollar Index (DX) hits the interim resistance of 81.60 ranges to currently trade at 81.35; further appreciation in the USD is...

The bearish slide in AUD/USD continues today, as Australian economic fundamentals remain soft. Latest Business Conditions sentiment survey compiled by National Australia Bank came in at -4, showing...

Hourly ChartEUR/USD recovered significantly yesterday, trading consistently above 1.34 by the time US session was over. However, there didn't seem to be any fundamental news release that could have...

EUR/USD: European SessionThe pair witnessed some bullishness yesterday but remained limited below key support level that was broken earlier and turned to resistance. The bearish harmonic AB=CD...

GBP slipped once again yesterday in the lead-up to tomorrow’s Bank of England Inflation Report as more and more investors start to doubt how bullish the Bank of England will be on the UK...

Autochartist recently identified the Key Resistance Level 1.9587 (of the type Approach) on the 4-hour GBP/NZD charts – as is shown on the following trade opportunity alert for this currency...

The U.S. Dollar strengthened against the majority of its most traded counterparts despite the fact that volatility has decreased as the U.S. Bond markets were closed for Veteran’s Day. The U.S....

GBP/USD Open 1.5982 High 1.6023 Low 1.5943 Close 1.5984On Monday GBP/USD decreased with 60 pips. The Cable depreciated from 1.6023 to 1.5964 yesterday, in line with the negative money flow sentiment...

EUR/USD reversed sharply to the downside in the last few days, clearly in five waves from above 1.3800 with a daily and weekly close price beneath the channel line connected from July lows. This break...

This is a quick update to the EUR/JPY analysis posted earlier this week:The downside breakout to the wedge looked promising last week, however we also raised the string possibility of bullish gains...

With US, Canadian and French bank holidays on Monday, trade was slow and nothing notable changed over the course of the trading day. The Dollar consolidated mildly, which aided a slight Euro bounce,...

TodaySo really quick update today as very little happened in light volume.Essentially key theme today was the Euro was about the only thing with any volume and so all the crosses pushed off of that,...