Forex Opinion & Analysis

AUDUSD hits its lowest level since mid-NovemberAlthough decline halts, rebound looks unconvincingMomentum indicators remain tilted to the downsideAUDUSD has been in a constant decline after peaking at...

US equity benchmarks continue to push higher as most of the big tech stocks close in on bullish target prices. Chinese equities, however, continue to languish as Chinese authorities institute an array...

Fed policymakers sticking to the script US data continues to point to a strong economy Fib rebound may suggest we’ve seen a correction in GBP/USD It isn’t the busiest week as far as UK and...

Bullish:  We are currently @ 1.6502 in a channel.  We are looking for a continuation to the ATR target @ 1.6567 with the further target  the 0.618 Fibo @ 1.6578 area. Watch the USDX for...

The euro is back at 0.8520 against the pound. The pair bounced off this level in June and August last year. Reaching the same level in late January triggered a shake-out, but active declines resumed...

New Zealand’s unemployment rises, wages ease The New Zealand dollar is drifting on Wednesday, after jumping 0.73% a day earlier. In the North American session, NZD/USD is trading at 0.6104, up...

Cross-market volatility levels remain low as expectations of early easing from the Fed ebb and flow. It is another quiet day for the data calendar and calm conditions are seeing yen-funded carry trade...

USDJPY is in the red again today, reacts to last week's jump It continues to hover a tad above its 100-day SMAMost momentum indicators tentatively support the ongoing uplegUSDJPY...

Bearish:  We are currently @ 150.44 in a channel.  If we can break support here, we are looking for a continuation to the ATR target @ 150.73 with the further target  the S5 @ 150.09...

I want to share my thoughts on what's going on at True Forex Funds including: 3 Reasons Why MetaQuotes Shut Down TFF How it is different from My Forex Funds shutdown What it means for the prop trading...

The Australian dollar is showing limited movement on Tuesday, after the Reserve Bank of Australia held interest rates. In the European session, AUD/USD is trading at 0.6493, up 0.61%.RBA Maintains...

The US dollar extended its gains on Monday after a strong ISM services PMI report only added to the view that the Fed would not be in a hurry to ease policy following Friday’s robust jobs...

·         GBPUSD tests 200-day SMA after strong sell-off ·         Prices break trading range to the...

The Reserve Bank of Australia kept its cash rate unchanged at 4.35% for the third consecutive meeting. The markets widely expected the decision, but the tone of the accompanying commentary was more...