Forex Opinion & Analysis

GBP/USD moved higher in Thursday trading, as the dollar lost ground after disappointing US releases. The pair was testing the 1.53 line in the North American session. In the US, Building Permits beat...

Talking Down The EURIs the U.S. Dollar Losing Its Grip On The Forex Market?AUD: Ninth Straight Day Of LossesNZD: Shrugs Off Improved Budget And Business PMICAD: CPI On TapJPY: BoJ Policy Finally...

It seems that every time that Capital markets start to feel optimistic this so-called US recovery disappoints. Yesterday’s disappointing US data (weekly claims, Philly Fed and housing starts)...

The Australian dollar continues to slide against the US currency, as the pair broke through the 0.98 line in Friday’s Asian session. The pair has fallen to the mid-97 range and shows no signs of...

Chinese Direct Foreign Investment figures, released yesterday, proved disappointing and the Australian currency broke the long-term upward trend by falling to 0.9860. This drop extended to the New...

Weekly chart and daily forecast...

U.S. economic data is taking a turn for the worse and the disappointments have prevented the greenback from extending its gains against the euro and Japanese Yen. This has led some investors to wonder...

USD/CHF reversed lower yesterday from around 0.9750 which however is not a surprise if we respect the structure from 0.9242 which was clearly made in five waves, and we know that after every five...

Currently we are at 1.2910 reacting to the Announcements. We are looking for a small retracement to the 0.500 Fibo at 1.2936 and then on to the 1.2800 number. The retracement could end up a pullback...

The Swiss Franc is at the highest level since the end of August 2012 and is currently aiming for the long-term resistance at 0.9680 that was playing an important role in June and August 2012. Although...

Yesterday we wrote about the head-and-shoulders formation that was created on the chart over the past three trading days. The first few hours after breaking the neck line were successful for buyers....