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 Recovering Nicely While USD/JPY Is Sliding

EUR/USD started an upside correction from the 1.0780 support area and recovered above 1.0820. USD/JPY is currently declining, but it is approaching a key support near 109.80. Important Takeaways for EUR/USD and USD/JPY The Euro found support near 1.0780 and 1.0785, and recently recovered ...

GBP/USD and GBP/JPY: British Pound Could Resume Upside

GBP/USD started a decent increase from the 1.2849 low and recovered above 1.2950. GBP/JPY is trading nicely in a positive zone above 144.00 and it could continue to rise. Important Takeaways for GBP/USD and GBP/JPY The British Pound recovered nicely above the 1.2920 and 1.2940 resistance ...

Gold Price Surging While Crude Oil Price Might Correct Lower

Gold price surged above the $1,620 level and it might continue to rise. Crude oil price is currently correcting lower and it could decline towards the $52.50 support. Important Takeaways for Gold and Oil Gold price gained traction and rallied above $1,610 and $1,620 against the US Dollar. There ...

EUR/USD Nosedives While USD/CHF Is Rising Steadily

EUR/USD started a strong decline below 1.1000 and traded below 1.0850. Conversely, USD/CHF is rising steadily and it recently climbed above the 0.9800 resistance area. Important Takeaways for EUR/USD and USD/CHF The Euro declined heavily below the 1.0900 and 1.0850 support levels against the US ...

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 ...