Forex News

Trading strategies: Trading news releases Trading a news release can be another useful tool to have in your trading inventory. However, there is a right way, and a wrong way...

The US dollar has found significant support at the 61.8% Fibonacci retracement level, near the ¥111.50 level. This is a market that has been in a strong uptrend for some time, and...

Sterling slipped by over 2 cents against the US dollar over the week, breaking back through support to trade at a two-week low.

The British pound continues to be very messy overall, forming a bit of a shooting star during the week, but quite frankly we are just simply bouncing around between the 1.30 level...

It’s been a wild week, but it looks like we are going to close the GBP/JPY pair relatively flat which of course is a victory after the massive selloff last week.

The Euro is looking for a bottom on the longer-term charts, and as you can see on the accompanying chart, I have a yellow circle around the massive hammer underneath the 1.1450...

The Australian dollar shows signs of trying to form a bit of a bottom down here, as the 0.70 level of course would attract a lot of attention due to it

The US dollar continues to grind around against the Japanese yen, as it looks like we are trying to form a base for longer-term move. There has been a lot of technical damage, but...

The British pound bounced during the day on Friday after significant selling this week. However, the one thing that I find most interesting about this is that the bounce is from...

The British pound bounced a bit against the Japanese yen to end the week, and as I record this we are testing the one ¥46.50 level. This is an area that was a significant...

The Euro fell over the last several days, but Friday looks like it is offering a glimmer of hope. Perhaps the pair is starting to find a bottom near the 1.1450 handle.

The Australian dollar rallied significantly during the day on Friday but continues to see a significant amount of resistance near the 0.7150 level. Because of this, the upside I...

The Chinese Yuan may avoid plunging driven by sentiment from Chinese equities; however, its bearish trend has not yet changed, without fundamental improvement.

Two central bank rate decisions and a slew of important US economic data culminating in the Q4’18 US GDP report on Friday should keep traders busy all week.

"The Bank of Canada meeting (Wed) will be the highlight of the week; the central bank is likely to continue its gradual tightening path and provide a 25 basis point rate hike,"...

AUD/USD is trading in a bear trend below the 200-period simple moving average. AUD/USD is currently rejecting the 0.7144 resistance and there seems little in the way for the...

AUD/USD prices are kept at bay by support and resistance barriers. GBP/AUD is very close to reversing its dominant uptrend, but not as close as AUD/NZD which is already turning...

According to analysts from Rabobank, see the EUR/USD pair moving to the downside on the back of US dollar strength. Key Quotes: “In the space of just one month, EUR/USD...

An update on near-term trade setups we've been tracking in EUR/USD and USD/JPY. These are the targets and invalidation levels that matter heading into next week.

EUR/USD rebounds further during Friday’s US session and climbs to 1.1530. Technical bias still points to the downside but the bounce from lows eased pressures. The...

"GBP/USD's slide from 1.32 towards 1.30 was largely a US dollar story - and to a lesser extent a Brexit impasse story (this was largely in the price at the start of the week),"...

(Bloomberg) -- The euro could revisit its year-to-date low as persistent political risks may lead Mario Draghi to refrain next week from painting a rosier picture for the...

After a disappointing EU-UK summit earlier this week, news that the UK is dropping a key demand has sparked hopes of a Brexit breakthrough.

The Irish border problem remains unsolved and Brexit negotiations continue to tread water as UK PM May faces a potential rebellion at home.

GBP/USD spikes to 1.31 on report claiming UK is ready to drop key Brexit demand on Irish border. GBP/USD has retraced about 40 pips from 1.3100 but the momentum remains rather...

OANDA Senior Market Analyst Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: PM...

USD/CHF is trading in a bull trend above the 200-period simple moving average. USD/CHF bulls have been knocking at the August high but without being able to beak above the level...

According to Bloomberg, British Prime Minister Theresa May is said to drop a key demand with an aim to resolve the Irish border issue that has been one of the main roadblocks in...

The Rand is likely to suffer over the coming week once the South African government's latest budget plans become know, according to analysts at RBC Capital Markets, who are...

"As our economists note, the US data highlight will be 3Q GDP, with another strong outcome looking likely," note ING analysts. Key quotes "Consumer spending continues to be...

Euro puts in a strong day Some kind words from EU leaders and a sign of a small willingness to compromise from Italian leaders are the story in euro trading today.

A break below the monthly opening-range has taken price into daily confluence support. Here are the targets & invalidation levels that matter on the GBP/JPY charts.

EUR/USD is trading below its 200-period simple moving average. EUR/USD is rebounding after finding support at last week lows. The market is currently breaking out above 1.1500...

GBP/USD steady on Friday, holding above 1.3000. Cable consolidates weekly losses and heads for a close under the 20-week moving average. The pound is rising modestly against...

EUR/GBP is being in reversal up mode after the drop in the last weeks of trading. EUR/GBP bulls broke above the 0.8800 figure opening the gates to 0.8847 (September 20 low). A...