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 Surging

GBP/USD is gaining momentum and it recently climbed above the 1.3080 resistance area. EUR/GBP is declining and it seems like it could decline further below 0.8400. Important Takeaways for GBP/USD and EUR/GBP The British Pound is surging and it recently climbed above 1.3080 and 1.3120. There is ...

Gold Price And Crude Oil Price Likely To Rise Further

Gold price is trading nicely in a positive zone above the $1,475 support area. Crude oil price is also showing positive signs and it could continue to rise above $59.00 and $60.00. Important Takeaways for Gold and Oil Gold price rallied recently above the $1,460 and $1,475 resistance levels ...

EUR/USD Recovering While USD/JPY Tumbling

EUR/USD started a fresh increase and it recently traded above the 1.1035 resistance area. Conversely, USD/JPY is under a lot of selling pressure and it traded below the 109.00 support area. Important Takeaways for EUR/USD and USD/JPY The Euro is showing positive signs above the 1.1035 and ...

GBP/USD And USD/CAD Are Likely To Continue Higher

GBP/USD is holding the 1.2900 support area and it could continue higher. USD/CAD is also climbing higher, but it might struggle to clear the 1.2950 resistance area. Important Takeaways for GBP/USD and USD/CAD The British Pound is showing positive signs above the 1.2880 and 1.2900 support ...

EUR/JPY and GBP/JPY Primed For More Gains

The Euro and British Pound are gaining bullish momentum against the Japanese Yen. Both EUR/JPY and GBP/JPY are likely to continue higher above 120.50 and 142.00 respectively. Important Takeaways for EUR/JPY and GBP/JPY The Euro gained pace after it broke the 120.00 resistance area against the ...

EUR/USD Could Extend Decline While USD/CHF Is Rising

EUR/USD is currently trading in a bearish zone below the 1.1035 and 1.1055 resistance levels. USD/CHF is currently consolidating gains above the 0.9965 support and it could continue to rise. Important Takeaways for EUR/USD and USD/CHF The Euro is struggling to correct after it broke the key ...

GBP/USD and EUR/GBP: British Pound Trimming Gains

GBP/USD is currently correcting higher after a sharp decline towards the 1.2820 support area. EUR/GBP is currently holding supports and it could rise towards 0.8600 in the near term. Important Takeaways for GBP/USD and EUR/GBP The British Pound is facing a lot of resistance on the upside near ...

Gold Price Under Pressure While Crude Oil Price Is Rising

Gold price is facing an uphill task and it is struggling to break the $1,460 support area. Crude oil price is rising and it is now trading nicely above the $56.50 support. Important Takeaways for Gold and Oil Gold price failed to climb above the $1480 resistance area and declined recently ...

EUR/USD Could Rise Further, USD/JPY Facing Hurdles

EUR/USD is trading with a positive bias above the 1.1060 support area and it could continue to rise. Conversely, USD/JPY is facing a lot of hurdles near 108.80 and it might decline again. Important Takeaways for EUR/USD and USD/JPY The Euro started a strong recovery above the 1.1045 and 1.1060 ...

GBP/USD Rising While USD/CAD Is Correcting Gains

GBP/USD is trading in a nice uptrend above the 1.2900 resistance area. Conversely, USD/CAD struggled to clear the key 1.3270 resistance area and it is currently correcting gains. Important Takeaways for GBP/USD and USD/CAD The British Pound is gaining bullish momentum above the 1.2900 ...