Forex Opinion & Analysis

The Australian Dollar was mostly stronger through the European session as AUD/USD appreciated to US$ 0.9334, EUR/AUD improved to A$ 1.4356, AUD/JPY rallied to ¥92.65, and GBP/AUD bettered to A$...

XAU/USDSpot Gold remains under pressure as fresh extension lower ticked closer to the psychological 1300 support. With no significant changes seen in past few sessions a consolidative phase is...

AUD/NZDThe cross remains in a sideways mode with near-term price action trading within 1.1332/1.1428 consolidation range. Hourly studies are neutral. In the larger picture bears remain in play and...

AUS/USDThe Aussie erased Monday’s gains that peaked at 0.9392 and turned in defensive mode, mainly being driven by fundamentals. Dips found footstep just below the 0.9300 support for now, with...

USD/JPYThe pair recovered over 38.2% of 100.60/98.44 fall, as bounce from 98.44 filled Monday’s gap and reached so far 99.35, with 99.00, now acting as immediate support. Hourly studies turned...

EUR/JPYThe cross remains in a sideways mode, trading within narrowed 131.87/132.41 range after pullback from the 133.35 peak found footstep at the 131.60 zone. Hourly studies are turning positive, and...

The Aussie has been grinding higher and yesterday in Asia we saw it hit .9400 which was just off our .9432 target from a few weeks ago. Since the currency has nearly reached its short-term technical...

EUR/USD hit our next target of 1.3375/80 and topped exactly here. Good support at 1.3325/20, also held profit taking as predicted and we bottomed exactly here. However the outlook is quite negative so...

GBP/USD topped at 1.5963 and fell back to support at 1.5895/85 which has held the downside as expected so far at least. However the outlook is quite negative so a break lower today should target trend...

USD/JPY recovered above support at 98.76/70 and has beaten resistance at 99.15 as we look to 99.45/50 for a selling opportunity with stops above 99.75. We can then try shorts again at 99.95/100.05...

GBPJPY – Pullback Level Holding Yesterday in our weekly market commentary we suggested looking for taking long signals off of 157. Today the pair hit a low of 156.93 and has now shot up over 80...

The Australian dollar looks to extend higher and targets .9520 this weekA robust Monday rally after resilient consolidation to end last week to better push through our target area at .9315/45 June/...

EUR/USDTrading range: 1.3315 - 1.3390Trend: NeutralBuy at 1.3328 SL 1.3296 TP 1.3378USD/JPYTrading range: 98.95 - 99.65Trend: NeutralBuy at 99.06 SL 98.74 TP 99.51 GBP/USDTrading range: 1.5875 -...