Currency Analysis & Opinion

FX Currency Majors Video analysis.

The Ruble has been the worst performing currency in the expanded majors’ space this week, falling more than 5% versus the USD and the EUR. If you thought things were bad for the RUB on the back...

The November estimate of CPI was in line with expectations at 0.3% on an annualised rate. The core rate was 0.7%, also in-line with expectations. The EUR has staged a mini- recovery on the back...

USDCAD – Past couple of weeks we’ve seen consolidation for this Pair. A number of indecision candlesticks on the weekly chart. However Price failed to make new lows. It kept the prior...

GBPUSD Daily close yesterday eroded all of that bullish momentum that saw Price break above a two resistance level high point. We need to see Price yesterday find support and to kick onwards. Price...

EURUSD Daily close yesterday has left us with a Bearish Harami pattern at a weekly fib level at 1.2502. Price has been stuck in a consolidation channel now for the past couple of months. So with a...

Temporarily bearish signals for USDJPY in each of the last 3 days have been confirmed with Thursday’s trading posting a 2nd lower daily high and low in a row, but with all of an initial ½...

Since the U.S. will be celebrating Thanksgiving today and tomorrow, the Forex market is expected to be quiet with low liquidity. However, this is just an expectation and might not turn out to be the...

As we witnessed last night, the EUR/USD traded higher, supported by the U.S. consumer confidence index which also caused the USD Index to break downwards. Today, the Euro is expected to trade...

Looking at weekly chart of EURUSD once can see how much and how aggressive the sell off has been for EUR this year after failing to trade higher through April & May. We've seen 2 interest rate...

NZDUSD weekly chart shows this Pair has fallen aggressively since June 2014. Price however recently has consolidated at a Major level of previous support. This support level was forged back in early...

On Sunday 30th November the Swiss people will go to the polls to decide on a referendum on the Swiss Central Bank’s (the SNB) gold reserves. The proposal put forward by the right wing Swiss...

Looking at the weekly chart indicated that the past couple of weeks Price has been hesitant to continue lower. In-fact looking back along this level one will notice that Price had indeed paused at...