Forex Analysis

In-depth technical and fundamental analysis and forecast for currencies & commodities by experienced financial analysts: EUR/USD, GBP/USD, AUD/USD, EUR/GBP, USD/JPY, USD/CHF, XAU/USD, XTI/USD and more. Currency price movements, support and resistance analysis, major economic events, that affect the formation of exchange rates.

EUR/USD and EUR/JPY: Euro Eyeing Upside Break

EUR/USD and EUR/JPY: Euro Eyeing Upside Break

EUR/USD is holding the 1.2100 support area, but it is also struggling to clear 1.2200. Similarly, EUR/JPY is facing a strong resistance near 126.15, above which it could start a strong increase. Important Takeaways for EUR/USD and EUR/JPY The Euro is consolidating in a range above the 1.2100 ...

GBP/USD and EUR/GBP: British Pound Remains Strong

GBP/USD and EUR/GBP: British Pound Remains Strong

GBP/USD extended its rise above the 1.3680 and 1.3700 resistance levels. EUR/GBP is correcting lower and it is approaching a major support near 0.8875. Important Takeaways for GBP/USD and EUR/GBP The British Pound remained well bid above 1.3600 and it climbed above 1.3680. There is a key ...

AUD/USD and NZD/USD Approaching Next Key Break

AUD/USD and NZD/USD Approaching Next Key Break

AUD/USD is trading well above 0.7700, but is facing hurdles near 0.7780 and 0.7800. NZD/USD is also showing positive signs, but there is a crucial resistance forming near 0.7225-0.7240. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a fresh increase above the 0.7720 ...

EUR/USD Recovering Losses, USD/JPY Remains At Risk

EUR/USD Recovering Losses, USD/JPY Remains At Risk

EUR/USD started a downside correction from well above 1.2300 and recently found support near 1.2055. USD/JPY is showing bearish signs and it could decline heavily below 103.50. Important Takeaways for EUR/USD and USD/JPY The Euro remained well bid above 1.2050 and started a fresh increase. ...

GBP/USD and GBP/JPY: British Pound Could Correct Lower

GBP/USD and GBP/JPY: British Pound Could Correct Lower

GBP/USD gained strength above 1.3600, but it struggled to continue higher above 1.3700. GBP/JPY also corrected lower after forming a short-term top near 142.25. Important Takeaways for GBP/USD and GBP/JPY The British Pound tested the 1.3700 resistance zone before correcting lower. There was a ...

Gold Price Prepares for Next Move, Oil Price Holds Strong

Gold Price Prepares for Next Move, Oil Price Holds Strong

Gold price started a fresh decline and settled below $1,880. Conversely, crude oil price gained bullish momentum and it traded to a new multi-month high close to $54.00. Important Takeaways for Gold and Oil Gold price started a fresh decline below the $1,900 and $1,880 support levels against ...

EUR/USD Could Start Fresh Increase, USD/CHF Shows Bearish Signs

EUR/USD Could Start Fresh Increase, USD/CHF Shows Bearish Signs

EUR/USD remained well bid above 1.2120 and it is currently rising. USD/CHF is declining and it might continue to move down towards the 0.8820 support zone. Important Takeaways for EUR/USD and USD/CHF The Euro declined heavily from 1.2350, but it found support near 1.2130 against the US Dollar. ...

GBP/USD Could Decline Further, USD/CAD Is Eyeing Upside Break

GBP/USD Could Decline Further, USD/CAD Is Eyeing Upside Break

GBP/USD started a fresh decline after it failed to clear the 1.3700 resistance. USD/CAD is rising and it is currently eyeing an upside break above 1.2750. Important Takeaways for GBP/USD and USD/CAD The British Pound started a major downside correction from well above 1.3650. There is a major ...

Gold Price Trims Gains While Oil Price Turns Bullish Above $50

Gold Price Trims Gains While Oil Price Turns Bullish Above $50

Gold price started a downside correction after surging towards $1,960. Conversely, crude oil price is following a strong bullish path and it settled above $50.00. Important Takeaways for Gold and Oil Gold price started a fresh increase towards $1,950-$1,960 and recently corrected lower against ...

GBP/USD and EUR/GBP: British Pound Could Correct Lower

GBP/USD and EUR/GBP: British Pound Could Correct Lower

GBP/USD extended its rise towards 1.3700 before starting a downside correction. EUR/GBP is showing positive signs and it could surge if it breaks the 0.9050 resistance. Important Takeaways for GBP/USD and EUR/GBP The British Pound traded towards the 1.3700 zone, where it faced a strong selling ...

Scroll Up