Forex Opinion & Analysis

The US dollar is broadly firmer, with some notable exceptions, like the Australian dollar, which may have found succor in the battery of Chinese data and news that its own vehicle sales rose 4% in...

This morning was a strong Chinese data day, with a series of data coming in together at 10:00am Beijing. The biggest number that everybody was looking out for was Q2 GDP, which came in at 7.5% for Q2...

The GBP/USD pair has broken its ascending triangle on a 30 minute time frame. If this pattern does play out completely, then it could easily push the price toward the 1.4919 level which is also close...

Market Drivers for July 15, 2013Chinese GDP weaker, but not as bad as feared AUD ralliesDollar slightly bid ahead of Retail SalesNikkei 0.23% Europe 0.69%Oil $105/bblGold $1281/oz.Europe and AsiaNZD:...

Last week saw the largest percentage range in EURUSD since early November of 2011. On that occasion, EURUSD had spiked higher on the anticipation that a late October EU Summit might produce a solution...

EUR/USD - Weekly ReportThe pair managed to maintain stability above 1.2975 from last week until now, and is currently stable above the psychological level 1.3000. Stability above the previous levels...

Chinese data that is more or less as good as the market expects is enough for a rally these days, such is the level of negativity and fear surrounding the world’s second largest economy. ...

China’s economy grew 7.5 percent in the second quarter against expectations of 7.7 percent, while industrial production for June rose 8.9 percent from year-low levels. Gold extended gains on...

Autochartist recently identified the Flag chart pattern on the daily CAD/JPY charts – as you can see from the following trade opportunity alert for this currency pair. The price is expected to...

Following a major sell-off prompted by comments issued by the Federal Reserve Chairman, Ben Bernanke, who suggested that the country’s economy is still in need of monetary easing, the greenback...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.31; (P) 149.99; (R1) 150.56;Deeper fall is expected in the GBP/JPY with the 151.61 minor resistance intact. As noted, recovery from 147.10 has already...

The Australian dollar regained some ground on Monday after China's second-quarter economic growth matched market expectations, easing worries that the world's second-largest economy could be slowing...