Forex Opinion & Analysis

The AUD/NZD pair is trading within the support zone on a daily time frame. The price is also trading inside the downward channel on the same time frame and has recently started to challenge the upper...

A mixed day for the dollar, with EUR and JPY gaining modestly while the commodity currencies and CHF lost ground against the USD. The biggest loser was GBP, while the Scandis --- SEK and NOK –...

Sterling fell back heavily yesterday following the weaker CPI data (2.4% annually against expectations 2.6%) which shows inflation risks declining, though much of this is due to weaker oil prices...

EUR/USDThe euro reversed earlier losses and gained against the dollar on Tuesday, as investors took on risk ahead of Federal Reserve Chairman Ben Bernanke's Wednesday testimony before the U.S....

Investors awaited the conclusion of the bank of Japan’s meeting and testimony from Fed Chairman Ben Bernanke as well as minutes from the Fed’s last policy minutes later today. The U.S...

EUR/USD continues to fall in accordance with the following trade opportunity alert that I received today for this currency pair. The pair is set to reach the target level 1.2837 in the next 13 hours....

The U.S. Dollar rallied against the majority of its trading peers despite a lack of U.S. economic data, as investors await the Federal Reserve Chairman Ben Bernanke’s testimony on the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 154.75; (P) 155.64; (R1) 156.16;Intraday bias in the GBP/JPY remains neutral for now as the consolidation from 156.77 continues. Another retreat could be seen,...

The GBP/USD pair has completed its symmetrical pattern on a 30 minute time frame as we mentioned in our analysis yesterday. The pair is also trading in a downward channel on the same time frame. The...