Forex Opinion & Analysis

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9641, 0.9572, 0.9524 Resistance: 0.9712, 0.9770, 0.9829 The US Dollar continues to build upward against the Swiss Franc, with prices...

The euro enjoyed a decent correction phase earlier this week, as it traded above 1.1000 against the US dollar. However, it looks like the EUR/USD pair found sellers that ignited a downside reaction in...

Talking Points:GBP/JPY Technical Strategy: Flat Support: 193.21, 192.37, 191.00 Resistance: 193.67, 194.58, 195.82 The British Pound is testing resistance capping gains since mid-June having...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 135.40, 134.83, 133.91 Resistance:135.96, 136.66, 137.79 The Euro edged lower against the Japanese Yen as expected after showing a bearish...

- Euro-Zone Consumer Price Index (CPI) to Expand Another 0.2% in July.- Core Inflation to Hold Steady at Annualized 0.8% for Second Consecutive Month. For more updates, sign up for David's e-mail...

GBP/USDThe GBPUSD pair has failed in maintaining levels above 1.5630 where 50% Fibonacci exists, and this levels become the main resistance for bears. However, we still need a breakout below 1.5555...

EUR/USDEUR/USD fell considerably on Thursday, as strong GDP growth in the U.S. over the second quarter bolstered the case of hawks on the Federal Reserve for an imminent interest rate hike before the...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.13% against the USD to close at 0.7289, LME Copper prices declined 1.15% or $61.0/MT to $5241.0/MT. Aluminium prices declined 0.65%...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9691. On the macro front, Switzerland’s KOF leading indicator improved more than expected and...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 124.18. In the Asian session, at GMT0300, the pair is trading at 123.99, with the USD trading...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.5597. In the Asian session, at GMT0300, the pair is trading at 1.5608, with the GBP trading 0.08%...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0933. The greenback traded on a stronger footing, as the US economy picked up steam in the...

USD/JPY has bounced after FED statement, which clearly stated that the rate hike is inevitable after further job gains. We think it could come in September or December, but December seems more likely....

Daily Chart Prepared by Jamie Saettele, CMT -“The last several July’s have been important for USDOLLAR. An important top registered in July 2013. In 2014 (low was June 30th and rally began...