Home / Forex Analysis

Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Dollar Trading Mixed As The Weekend Approaches

The dollar is turning in a mixed performance Friday afternoon, rising against the Euro and the Japanese Yen, but losing ground against the British pound. Economic news was on the light side this morning, but the news was better than ...

Read More »

Crude Oil Rises As U.S. Rig Count Tumbles

Crude oil futures rose Friday after an industry report showed the U.S. rig count fell for a third consecutive week. Baker Hughes reported that the number of active U.S. rigs drilling for oil fell by 7 to 736 this week. ...

Read More »

USD/CAD Forecast Oct. 23-27 2017

Dollar/CAD ticked higher in a week that did not see too much excitement. The upcoming week features the full reaction to the data: the rate decision. Will Poloz signal a long pause? Here are the highlights and an updated technical analysis ...

Read More »

Gold Out Of Style As Stocks Rocket Higher

Gold futures dropped to their lowest in two weeks Friday, as surging stocks boosted appetite for riskier assets. Markets were in a chipper mood due to progress toward major tax cuts from the Trump Administration. The Dow Jones Industrial Average ...

Read More »

AUD/USD Forecast Oct. 23-27 2017

The Australian dollar had a turbulent amid key figures and it struggled to rise. Will it break out of range? The inflation report is clearly the big event of the upcoming week. Here are the highlights of the week and an updated ...

Read More »

GBP/USD Forecast Oct. 23-27 2017

GBP/USD was on the back foot over Brexit and the lack of the BOE’s enthusiasm on raising interest rates. What’s next? The highlight of the upcoming week is the GDP report. Here are the key events and an updated technical analysis ...

Read More »