Currency Analysis & Opinion

MiniFX League Table for today:Trade for today: CADCHF - LONG from 0.8448 (opening 7am, closing 17am)Yesterday's positon:  AUDJPY - SHORT from 95.02 to 94.83 = PROFIT 14.6 $pipsOverall = PROFIT...

The AUDUSD rally since October’s 4 year low at .8643 has been tentative and has attracted sellers into strength, but although gains have been limited, sentiment has continued to improve....

FX League Table - 5th fixture: - Aussie's revival,- CHF reaches Top2,- USD and GBP in the selling zone. To begin week, last week's achievements:1. EUR/CAD - LONG from 1.4389 to 1.4233 =...

A sequence of 3 positive weeks for EUR/GBP ended in the last 5 days. Instead the strong upside rejection seen the previous week was extended last week.That decline was not extensive, as all trading...

The GBPCHF sell-off since this month’s 3 ½ year high at 1.5537 stalled last week at a 5 month low near 1.5000 the Fig, but more importantly near the 200 day average rate, a level which...

Although prices consolidated beneath the 13 day moving average, the bulk of yesterday's losses in GBPUSD were regained into the close. This profit taking from oversold extremes was not extensive...

There has been a common theme in the past few weeks in relation to central banks becoming more concerned with the global growth outlook and the Eurozone in particular. This was evident in the minutes...

Initial, modest, gains were seen in EURGBP yesterday but the underlying bearish tone soon reasserted. The resulting net decline was not extensive but it was the 5th down day in a row and sustained...

After the high volatility of the past couple of weeks, finally some calm is settling on the markets. European equity indices are all but flat and sovereign bond yields are fairly restrained, as the...

Following Monday’s indecision, the break of the 100 day average rate turned yesterday’s signals for GBPCHF to bullish. These were confirmed with sentiment posting a 3rd higher daily high...

Overnight data from China showed the economy slowing in the third quarter in year-on-year terms, although not by quite as much as anticipated by the market. Headline GDP increased 7.2% (expected...