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 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 ...

AUD/USD Is Tumbling While NZD/USD Is Recovering

AUD/USD is under a lot of pressure below the 0.6850 and 0.6820 support levels. Conversely, NZD/USD is climbing higher and it could even surpass the 0.6400 resistance area. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar is trading in a bearish zone below the 0.6820 support against ...

EUR/USD and USD/CHF Are Showing Bearish Signs

EUR/USD is currently under pressure and it recently broke the 1.1065 support area. USD/CHF is also declining and it might move down towards the 0.9900 support area. Important Takeaways for EUR/USD and USD/CHF The Euro is currently trading in a bearish zone below the 1.1080 and 1.1065 ...

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

GBP/USD faced an increase in selling pressure below the 1.2880 pivot level. EUR/GBP is currently correcting higher and it might trade towards the 0.8650 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined steadily below the 1.2900 and 1.2840 support levels. ...

Gold Could Correct Higher While Crude Oil Price Might Decline

Gold price declined recently and broke the key $1,485 support area. Crude oil price is also under pressure and it seems like it could decline below the $56.50 support. Important Takeaways for Gold and Oil Gold price declined heavily after it failed to climb above the $1,515 resistance area ...

EUR/USD Dives Again, USD/JPY Breaking Down

EUR/USD topped near the 1.1175 level and started a fresh decline below 1.1120. USD/JPY is also showing bearish signs and it could continue to move down towards 108.70. Important Takeaways for EUR/USD and USD/JPY The Euro started a fresh decline after it failed to clear the 1.1175 resistance ...

GBP/USD Could Continue Higher, USD/CAD Is Correcting Lower

GBP/USD remained well bid above the 1.2800 area and recently started a fresh increase above 1.2875. USD/CAD topped near the 1.3200 area and it is currently correcting lower. Important Takeaways for GBP/USD and USD/CAD The British Pound jumped higher recently above the 1.2875 and 1.2900 ...

AUD/USD and NZD/USD Climbing Steadily

AUD/USD started a decent upward move and broke the key 0.6880 resistance area. NZD/USD is also moving higher and likely to continue its upward move towards the 0.6460 level. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar is trading nicely above the 0.6850 and 0.6880 support ...

EUR/USD Could Climb Higher While USD/CHF Might Decline

EUR/USD is showing positive signs above the 1.1080 level and it could rise steadily. USD/CHF is currently correcting lower and it might start a major downside correction. Important Takeaways for EUR/USD and USD/CHF The Euro is currently trading nicely above the 1.1065 and 1.1090 support levels ...