Forex Opinion & Analysis

For the last two months, Cable has continued its upswing close to the channel-up formation. The last few days resulted to the trade located very close to the channel-up support, which may indicate the...

EURUSD continues the bearish movement started on Friday, and is restricted by the red trendline. Yesterday, sellers managed to break the 38.2 Fibonacci level which played an important role as a...

Last week was marked by fears of the U.S. staging a military attack on Syria. Currency, commodity, stock and bond markets may be volatile over next few months because of several factors: political...

EUR/USD is displaying very little movement in Wednesday trading, as the pair continues to trade in the mid-1.31 range in European trading. US releases started the week strongly, as the ISM...

AUD shorts are feeling the pinch on supportive data in Asia. Meanwhile, we’ve got five central banks on tap during today and tomorrow, but the odds of significant policy shifts are few and far...

News lines are already glistening with various headings.Limiting factor for the world markets is the quite intense international situation concerning Syria. As it became known, the U.S. President...

Good news moves USD but not EUR : Once again, EUR didn’t rally on better-than-expected news about the euro-zone economy but USD certainly rallied on good news about the US. The rise in euro-zone...

Currency markets yesterday continued to position themselves for events later in the week, with Thursday’s Bank of England and European Central Bank meetings and Friday’s payrolls...

EUR/USDThe euro’s status as the best-performing currency in the past year is a sign that Europe is facing challenges similar to those of Japan, which had a so-called lost decade during the...

The dollar was on a firm footing in this session but despite that we hadn’t have anything major to shake the waters. We are entering into Central Bank days today as BOJ,BOE and ECB are all...

USD/JPY continues to rise after the recent sharp breakout of the daily Triangle chart pattern identified by Autochartist – as you can see from the trade opportunity alert shown below. The pair...

XAU/USDSpot Gold regained strength, as extension of near-term recovery from 1372 low, broke above the 1400 barrier that capped price action during past few sessions. A freshly established positive...

AUD/NZDThe cross maintains positive near-term structure off 1.1433, 29/08 higher low, part of broader recovery from 1.1260 higher platform, and one-month rally from 1.1197 low. Fresh extension higher...