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.

Gold Price and Oil Price Approaching Next Key Break

Gold Price and Oil Price Approaching Next Key Break

Gold price started a fresh decline after it failed to clear the $1,930 resistance. Crude oil price is currently holding the $40.50 support and eyeing the next key break. Important Takeaways for Gold and Oil Gold price extended its rise towards $1,930 before correcting lower against the US ...

EUR/USD and EUR/JPY: Euro Gaining Momentum

EUR/USD and EUR/JPY: Euro Gaining Momentum

EUR/USD started a fresh increase above the 1.1800 and 1.1820 resistance levels. EUR/JPY is also showing positive signs and trading nicely above the 124.50 support zone. Important Takeaways for EUR/USD and EUR/JPY The Euro started a strong upward move after it found support near 1.1685 and ...

GBP/USD And EUR/GBP: Risk of More Downsides

GBP/USD And EUR/GBP: Risk of More Downsides

GBP/USD started a fresh decline below the 1.3020 and 1.2980 support levels. EUR/GBP is also declining and it is trading well below the 0.9120 resistance zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a fresh decline after it struggled to stay above 1.3050. There is ...

AUD/USD and NZD/USD Signaling More Downsides

AUD/USD and NZD/USD Signaling More Downsides

AUD/USD started a fresh decline from the 0.7250 resistance and broke the 0.7120 support. NZD/USD is also declining and it is showing bearish signs below 0.6600. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar traded below the 0.7200 and 0.7150 support levels against the US Dollar. ...

EUR/USD Could Correct Higher, USD/JPY is Facing Hurdles

EUR/USD Could Correct Higher, USD/JPY is Facing Hurdles

EUR/USD declined recently below the 1.1780 support, but it found support near 1.1730. USD/JPY is showing bearish signs below the key 105.50 resistance level. Important Takeaways for EUR/USD and USD/JPY The Euro started a substantial decline below the 1.1800 and 1.1780 support levels. There was ...

GBP/USD and GBP/JPY: British Pound Signaling More Upsides

GBP/USD and GBP/JPY: British Pound Signaling More Upsides

GBP/USD started a strong increase after it broke the 1.2950 and 1.3000 resistance levels. GBP/JPY is trading nicely above 137.00 and it might continue to climb higher. Important Takeaways for GBP/USD and GBP/JPY The British Pound finally managed to clear the key 1.3000 resistance. There is a ...

Gold Price and Oil Price Signaling More Upsides

Gold Price and Oil Price Signaling More Upsides

Gold price started a fresh increase from the $1,870 support and climbed above $1,900. Crude oil price is currently rising and trading well above the $40.00 pivot level. Important Takeaways for Gold and Oil Gold price started a strong upward move above the $1,880 and $1,900 levels against the US ...

EUR/USD Correcting Lower While USD/CHF Climbs Steadily

EUR/USD Correcting Lower While USD/CHF Climbs Steadily

EUR/USD failed to clear the 1.1800 resistance zone and started a downside correction. USD/CHF is correcting higher and showing positive signs above 0.9165. Important Takeaways for EUR/USD and USD/CHF The Euro failed once again to clear the key 1.1800 resistance zone against the US Dollar. There ...

GBP/USD Near Crucial Juncture, USD/CAD Is Diving

GBP/USD Near Crucial Juncture, USD/CAD Is Diving

GBP/USD started a fresh increase above 1.2820, but it is facing a strong resistance near 1.2980 and 1.3000. USD/CAD is currently declining and trading well below 1.3320. Important Takeaways for GBP/USD and USD/CAD The British Pound is attempting an upside break above the 1.2980 and 1.3000 ...

AUD/USD Could Correct Lower While NZD/USD Is Holding Gains

AUD/USD Could Correct Lower While NZD/USD Is Holding Gains

AUD/USD gained traction above 0.7100, but it seems to be struggling near the 0.7200 resistance. NZD/USD is showing positive signs and it could rise further above 0.6660. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a decent rise above 0.7000, but struggled near 0.7200 ...

Scroll Up