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.

GBP/USD and EUR/GBP: British Pound Climbing Higher

GBP/USD started a decent recovery and climbed above the 1.3020 resistance area. EUR/GBP declined heavily below 0.8400 and it could continue to move down towards 0.8250. Important Takeaways for GBP/USD and EUR/GBP The British Pound started an upward move from the 1.2880 support area. There is a ...

AUD/USD And NZD/USD Facing Key Hurdles

AUD/USD recovered recently, but it is facing hurdles near the 0.6750 resistance area. Similarly, NZD/USD must climb above the 0.6450 resistance area to continue higher. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar recovered recently above the 0.6700 resistance area against the ...

EUR/USD And USD/JPY Trading Near Make-or-Break Levels

EUR/USD is declining heavily and it is currently consolidating above the 1.0880 support area. USD/JPY climbed higher nicely, but it is facing hurdles near the 110.00 resistance area. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily below the 1.1000 and 1.0940 support ...

GBP/USD In Downtrend While USD/CAD Could Rise Again

GBP/USD declined heavily in the past few days and broke the 1.3000 support area. Conversely, USD/CAD climbed towards the 1.3300 resistance area and it is currently consolidating gains. Important Takeaways for GBP/USD and USD/CAD The British Pound is back in a downtrend below the 1.3000 support ...

Gold Price And Crude Oil Price Facing Hurdles

Gold price is gaining momentum above the $1,550 level, but it is facing hurdles. Similarly, crude oil price is facing a strong hurdle near the $51.80 and $52.00 levels. Important Takeaways for Gold and Oil Gold price started a decent upward move from the $1,547 swing low against the US Dollar. ...

EUR/USD Diving While USD/CHF Is Showing Positive Signs

EUR/USD failed to continue above the 1.1100 resistance area and decline recently below 1.1070. Conversely. USD/CHF is climbing higher and showing positive signs above 0.9680. Important Takeaways for EUR/USD and USD/CHF The Euro topped near the 1.1095 level and declined recently against the US ...

GBP/USD and EUR/GBP: British Pound Bulls In Control

GBP/USD started a strong increase above the 1.3100 resistance area and climbed to 1.3200. EUR/GBP is currently correcting higher, but upsides remain capped in the near term. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a sharp upward move from the 1.2980 swing low. ...

AUD/USD And NZD/USD Likely To Continue Lower

AUD/USD remained in a bearish zone and broke the 0.6750 support area. NZD/USD is also declining and it is likely to continue lower below the 0.6480 support area. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined heavily in the past few days from well above 0.6800 against ...

EUR/USD And USD/JPY Could Start Decent Recovery

EUR/USD is currently attempting an upside correction from the 1.0998 low, but it is facing hurdles near 1.1020. Similarly, USD/JPY must surpass 109.25 to start a decent recovery in the near term. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily before it found support near ...

GBP/USD and GBP/JPY: British Pound Remains At Risk

GBP/USD failed to continue above 1.3150 and started a fresh decline below the 1.3100 support. GBP/JPY is also under pressure and it is likely to continue lower below 142.00. Important Takeaways for GBP/USD and GBP/JPY The British Pound failed to continue above the 1.3150 and 1.3165 resistance ...