Forex Opinion & Analysis

USD/CHF (daily chart) as of March 14, 2013 has advanced the steep uptrend that began in February by establishing a high at 0.9565 in early trading this morning, reaching a new half-year high. The...

USD/CHF’s upward movement from 0.9021 extended to as high as 0.9567. Key support is located at the upward trend line on the 4-hour chart, as long as the trend line support holds, the fall from...

The EUR/USD was on the defensive for most of Wednesday's trading session as interest rate differentials moved in the dollar's favour. The currency pair tested support levels near an upward sloping...

EUR/USD After pulling back consistently anywhere between 140-160 pips before selling off massively, the EUR/USD has been stuck in a structured channel as of late which is still sloping downwards....

USD The dollar rose on Wednesday, after February Retail Sales showed a surge of 1.1% when only a rise of 0.5% had been expected. This continued to support the current positive outlook for the U.S...

Fundamental Analysis The British pound is finding some strength against the dollar on Thursday, after falling to a 21/2 year low. However, concerns still remain amongst investors whether this strength...

EUR/USDCurrent level - 1.2960Yesterday's break below 1.2990 signals, that the downtrend has been renewed and my outlook here is negative below 1.2990 resistance, for a slide towards 1.2880, en route...

Wednesday was another important day for EUR/USD that could have changed sentiment for many traders. The EUR/USD used the flag formation (black lines) that we mentioned yesterday to start a downswing...

AUD/USD is on track to end the bearish trend. Last week was very promising, as bulls managed to break the downtrend line (green). After the breakout, they formed a wedge (red lines) that supported...