Forex Opinion & Analysis

The euro continued its slide against the dollar on Tuesday after weak unemployment data from the 17 nation bloc and worries about US military intervention in Syria put pressure on the currency. The...

Investors are waking up from their summer slumber to an exceptionally busy week in the financial markets. Currencies are in focus as they will be particularly sensitive to the central bank meetings,...

EUR/USDThe pair finished the session lower, falling below the 50 DMA line at 1.3186 in the process, with the next key technical support level noted at the 200 DMA line of 1.3144. Going forward, much...

Currently we are at 1.3174 and testing support. We are looking for a bearish continuation to the 0.786 fibo/S6 at1.3077-91.The average daily true range (ATR) for the pair currently is 82 pips.

The euro continues to point downwards. EUR/USD has posted modest losses in Tuesday trading, continuing the trend we saw throughout last week. The pair has lost around two cents in the past week, and...

It keeps coming and coming, the wave of better-than-expected PMI’s globally has pushed most equity markets up in Asia and into the black. Yesterday’s PMI data from Markit showed that even...

The new week starts with a bullish upswing that is timing for the 0.9385 resistance—the level that is blocking further upswings since the end of July. 0.9385 is correlated with the 38.2...

The beginning of the new week shows the weakness of the bullish camp. Experts find many explanations of this condition, and they are mainly the following: Syria problem, QEIII termination, and selling...

XAU/USDSpot Gold remains at the back foot as a corrective pullback off fresh high at $1,433 broke below the psychological 1400 support, which would currently cap near-term price action along with...

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

AUD/USDThe near-term structure remains positive as the price heads higher off of the near-term base and the double-bottom at 0.8891. A sustained break above the psychological 0.9000 barrier opens way...

USD/JPYThe pair continues to trend higher, off the 96.80 low, with a break above the psychological 99.00 barrier and 99.14, 23/08 high, heading towards the psychological 100 barrier. A sustained break...

GBP/USDThe Cable regained some strength on a bounce from the 1.5461 higher low, and approached the psychological 1.5600 barrier. A failure to break higher will see an increased downside risk, as the...

EUR/JPYNear-term structure remains positive, as the price extended recovery rally off 129.28, last Friday’s low, and extended to 131.46 so far. Rally retraced between 61.8% and 76.4% of the...