Forex Opinion & Analysis

Asian markets traded higher after a private measure of Chinese manufacturing jumped more than forecast while euro failed to gain much momentum on news of Chancellor Angela Markel’s landslide...

If you want a way of winning a modern election there are few examples better than the one shown in Germany over the weekend. Angela Merkel and her CDU party romped to the largest victory in an...

EUR/USD:The EUR/USD maintained stability above 78.6% correction at 1.3505, stability above which supports the bullish bias, especially as Linear Regression Indicators are positive since the breach of...

The Japanese yen was strongest against major peers through the European session as USD/JPY fell to ¥98.85, EUR/JPY came off to ¥133.72, GBP/JPY slumped to ¥158.53, and CHF/JPY moved lower...

XAU/USDSpot Gold remains under pressure, as the price continues to travel south, en-route towards 1300/1291 supports. Corrective phase off $1,291 that was capped at 1375, and seems to be over as the...

AUD/NZDThe cross remains under pressure as fresh weakness came close to the psychological 1.1200 support at key level at 1.1197, 01/08 fresh five-year low. Overall negative tone keeps the downside...

The FX markets have continued to trade with a slight bias to the risk on trade helped by stronger Chinese data and a resounding victory for Angela Merkel in Germany’s election on Sunday. The...

AUD/USDThe Aussie trades in near-term corrective mode, with price action coming under increased pressure after anextension of pullback from 0.9526 peak dipped to 0.9365 so far. Hourly studies are...

GBP/USDThe Cable’s corrective pullback from 1.6161, 18/09 fresh high, has stabilized at the psychological Fibonacci at 61.8% of the 1.5890/1.6161 ascend support. With near-term basing attempt...

India's rupee weakened slightly after RBI’s surprise rate hike on Friday. However, USD/INR bulls were not able to seize the opportunity to send prices higher despite the rally helping to keep...

EUR/USDThe euro was steady close to eight-month highs against the dollar on Friday after St. Louis Federal Reserve President James Bullard indicated that the U.S. central bank could start to taper its...

USD/CHF recently broke down below the strong daily Key Support Level 0.9150 identified by Autochartist. The pair is expected to continue to fall toward the target level 0.8908 in the following 48...

The U.S. Dollar dropped to the lowest level since the start of 2013 after the Federal Reserve opted for maintaining the current level of asset purchases. However, it advanced slightly towards the end...

EUR/JPYThe cross enters near-term corrective phase off fresh high at 134.93, posted on 19/09, after the price broke below two-day consolidation range floor at 134.15. With psychological 134.00...