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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

WTI recaptures broken triple bottom – CAD follows

Oil is making a comeback. Prices had already stabilized after the big crash last week when the inventory news broke out. The amount of crude stored in inventories dropped by 5.2 million barrels, far more than official expectations for a slide ...

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BoE “Super Thursday” Preview (Video)

Senior Market Analyst Craig Erlam previews Super Thursday which includes the February Bank of England meeting, the quarterly inflation report and Governor Mark Carney’s press conference. He also gives his analysis on GBPUSD, EURGBP and GBPJPY charts. Will BoE Turn ...

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USD rally stalls amid Trump’s firing of Comey

President Donald Trump surprised the world by firing the FBI director James Comey. The White House said that the firing is related to Comey’s mishandling of the Clinton investigation, especially in July last year. However, there are reports that the Russian investigation ...

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GBP: Has it gone too far? 3 opinions

The pound continues trading at high ground, still rising and looking at.30 on GBP/USD. Is it too strong? Here are three views: Here is their view, courtesy of eFXnews: GBP: Temporary ‘Snap’ Higher Looks Overdone; Where To Target? – CIBC CIBC ...

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