Forex Opinion & Analysis

Kathy Lien
FX Traders React To Central-Bank Surprises
By Kathy Lien - Oct 08, 2015

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. FX Traders React to Surprises from Central Banks The U.S. dollar traded lower against all of the major currencies after the ...

Trader Moe
Yen Rising Megaphone Confirmed
By Trader Moe  - Oct 08, 2015

The Yen Confirmed a Rising Megaphone (Orange) Overnight The yen confirmed a rising megaphone overnight. It’s may break out downwards from the formation now and retrace to its bottom before a ...

Saxo Bank
ECB Minutes Weigh On EUR/USD
By Saxo Bank  - Oct 08, 2015

EUR/USD pares early gains following ECB release ECB minutes state downside risks for inflation have risen US jobless claims data place a question mark over NFP growth The EUR/USD was in an ebullient...

FOMC meeting minutes draw near, Gold revs
By ForexTime  - Oct 08, 2015

Dollar vulnerability continues to take centre stage within the global currency markets. Sentiment remains bearish for the USD and this may be reflected on the Dollar Index which has declined to a new ...

Al Brooks
USD/CAD: 60-Minute Sell Climax
By Al Brooks - Oct 08, 2015 1

The EUR/USD and USD/JPY remain in extremely tight trading ranges on the daily charts. Day traders have been mostly scalping for 10 – 30 pips, and many of the 10 pip scalps are with limit orders ...

IFC Markets
Canadian Dollar Reversing Bearish Trend
By IFC Markets - Oct 08, 2015

Canadian dollar strengthened following GDP report last week indicating Canadian economy continued expanding after contracting in the first half of 2015. Labor market report on Friday is expected to ...

Scott Barkley
EUR/AUD- 5th Wave?
By Scott Barkley - Oct 08, 2015

EUR/AUD Currently we are at 1.5670 after completing an abc correction. We are looking to continue to the double bottom at 1.5516 with an overall target at 1.5342. The average daily true range (ATR) ...

IFC Markets
Will The ECB Extend The QE?
By IFC Markets - Oct 08, 2015

The poll of private economists by Reuter’s agency showed they expect ECB to increase the size of quantitative easing in the forthcoming 6 months, which will push the euro down. Now the weak euro...

Kristina Leonova
EUR/USD: FOMC Minutes And ECB Accounts
By Kristina Leonova - Oct 08, 2015

Data for August published today in Germany showed a reduction in both imports and exports. However, it barely affected pair’s dynamics as the EUR/USD strengthened. Today attention needs to be ...

Growth Aces
EUR/USD: Stay Long For 1.1400
By Growth Aces - Oct 08, 2015

GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: long at 1.1220, target 1.1400, profit locked in at 1.1230, risk factor ** EUR/USD: Watch FOMC Minutes(stay long for 1.1400) The USD is ...

Kenny Fisher
EUR/USD: Higher As Euro Punches Past 1.13
By Kenny Fisher - Oct 08, 2015

EUR/USD has posted gains on Thursday, and the pair has punched above the 1.13 line for the first time this week. In economic events, German numbers continued to disappoint, as the country’s ...

Boris Schlossberg
Dollar Wobbles Ahead Of FOMC Minutes
By Boris Schlossberg - Oct 08, 2015

Market Drivers October 08, 2015Euro probes 1.1300 German Trade Balance slightly weaker 19.6B vs. 20.2BNikkei 225 -0.99% Europe -0.18%Oil $48/bblGold $1143/oz Europe and Asia:EUR GE Trade Balance ...