Forex Analytics

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.

AUD/USD and NZD/USD Target Fresh Highs

AUD/USD is gaining bullish momentum and it could break the 0.7100 resistance. Similarly, NZD/USD is trading nicely above the 0.6820 support and it may continue to climb higher. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar formed a solid support near 0.7040 and climbed higher [Read more...]

EUR/USD and USD/JPY Facing Significant Resistances

EUR/USD recovered recently above 1.1200, but it is facing a crucial resistance near 1.1320. USD/JPY is also approaching a major barrier, which could produce a bearish reaction. Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely after trading towards the 1.1180 support area. [Read more...]

GBP/USD and EUR/GBP: Pound Extending Losses

GBP/USD declined heavily this past week and broke the key 1.3100 support area. EUR/GBP gained traction and broke the 0.8580 and 0.8600 resistance levels to move into a positive zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound faced an increase in selling pressure and tumbled [Read more...]

Gold Price Turned Bearish, Crude Oil Price Could Breakdown

Gold price declined heavily and broke the $1,300 support level to move into a bearish zone. Crude oil price might decline sharply if there is a downside break below the $56.25 support level. Important Takeaways for Gold and Oil Gold price declined sharply after topping near the $1,330 [Read more...]

EUR/USD and USD/CHF: US Dollar Bulls In Control

EUR/USD failed to hold gains above the 1.1350 level and declined below 1.1320. USD/CHF surged higher and broke the key 1.0020 resistance level to move into an uptrend. Important Takeaways for EUR/USD and USD/CHF The Euro topped above the 1.1400 pivot level and declined heavily against the US [Read more...]

GBP/USD and USD/CAD Buyers In Full Control

GBP/USD rallied recently and broke the 1.3100 and 1.3250 resistance levels. USD/CAD traded above the key 1.3240 resistance to start a solid uptrend in the near term. Important Takeaways for GBP/USD and USD/CAD The British Pound climbed above the 1.3300 level before sellers appeared near the [Read more...]

AUD/USD and NZD/USD Could Extend Losses

AUD/USD failed to break the 0.7200 resistance and declined sharply. Similarly, NZD/USD is under pressure and it recently broke the 0.6840 support level. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined recently and broke the 0.7160 and 0.7150 supports against the US [Read more...]

EUR/USD Turned Bullish, USD/JPY Could Decline Further

EUR/USD gained bullish momentum recently and broke the 1.1360 resistance. USD/JPY is currently under pressure and upsides are likely to be capped near 110.70. Important Takeaways for EUR/USD and USD/JPY The Euro started a decent recovery from the 1.1285 swing low and traded above 1.1320. There [Read more...]

GBP/USD Eyeing Upside Break While EUR/GBP Struggles

GBP/USD climbed higher recently and settled above the 1.3000 resistance area. On the other hand, EUR/GBP declined sharply and it is could continue to move down towards 0.8650. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained pace recently and broke the 1.2940 and 1.3000 [Read more...]

Gold Price and Crude Oil Price Could Correct Lower

Gold price rallied recently above $1,325 and later faced sellers near $1,346. Crude oil price is placed in a bullish zone, but a break below the $56.75 support could trigger a downside correction. Important Takeaways for Gold and Oil Gold price tested the $1,345-1,346 resistance area and later [Read more...]