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 Struggling While USD/CHF Could Continue Higher

EUR/USD is currently under a lot of pressure and trading below the 1.1100 area. Conversely. USD/CHF is rising and it is likely to continue towards the 0.9725 resistance. Important Takeaways for EUR/USD and USD/CHF The Euro decline recently below the 1.1120 and 1.1100 support levels against the ...

GBP/USD and EUR/GBP: British Pound Could Decline Further

GBP/USD failed to continue above 1.3120 and declined below the 1.3035 support. On the other hand, EUR/GBP is rising and it is likely to continue higher above the 0.8540 resistance. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a sharp decline after it failed to clear the ...

AUD/USD And NZD/USD Facing Key Hurdles

AUD/USD was rejected on a couple of occasions above the 0.6920, but it also remained well supported. NZD/USD is currently rising, but there is a major hurdle waiting near 0.6660. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar formed a swing high near 0.6933 and declined to 0.6880 ...

EUR/USD And EUR/JPY Signaling Downsides

EUR/USD is currently correcting higher, but it is facing resistance near the 1.1135 area. On the other hand, EUR/JPY is signaling a short term top and it could decline below 122.00. Important Takeaways for EUR/USD and EUR/JPY The Euro is facing a couple of hurdles near the 1.1135 and 1.1140 ...

GBP/USD Sliding While USD/CAD Is Approaching Support

GBP/USD failed to gain strength above 1.3200 and recently started a fresh decline below 1.3100. USD/CAD is also declining, but it is approaching a key support near the 1.3030 area. Important Takeaways for GBP/USD and USD/CAD The British Pound topped near the 1.3200 area and declined below the ...

Gold And Crude Oil Price Trimming Gains After US-Iran Tension Ease

Gold price started a downside correction after a massive upward move above $1,600. Crude oil price also declined and trimmed most gains below the $62.20 support area. Important Takeaways for Gold and Oil Gold price rallied above the $1,600 level before it started a strong decline against the US ...

EUR/USD And USD/JPY Facing Key Hurdles

EUR/USD is currently correcting higher, but it is facing hurdles near the 1.1175 and 1.1180 levels. Similarly, USD/JPY is moving towards a major breakout resistance at 108.50. Important Takeaways for EUR/USD and USD/JPY The Euro is holding the 1.1135 and 1.1130 support levels, with corrective ...

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

GBP/USD is currently correcting lower and trading below the 1.3100 support. EUR/GBP is rising steadily and it might climb towards the 0.8580 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a downside correction after it failed near the 1.3280-1.3285 ...

Gold Price And Crude Oil Price Rally Could Extend

Gold price rallied recently above the $1,520 and $1,530 resistance levels. Crude oil price is also rising and it could continue to climb higher towards the $64.00 resistance. Important Takeaways for Gold and Oil Gold price surged in the past few days and recently tested $1,540 against the US ...

GBP/USD Recovering While USD/CAD Diving

GBP/USD found support near 1.2900 and it is currently recovering above 1.3000. Conversely, USD/CAD is diving and it could continue to slide below 1.3060. Important Takeaways for GBP/USD and USD/CAD The British Pound found support near the 1.2900 area after a strong decline. There was a break ...