Forex Opinion & Analysis

Forex markets are poised high on a tightrope between risk and safety…The aggregated GBP/USD RAW ECN spreads (no, not standard) at Vantage FX have widened out between 4 and 5 pips, and...

AUD/USDShort-term Elliottwave structure suggests rally to 0.7504 ended wave ((w)), and pullback to 0.7283 ended wave ((x)). From 0.7283 low, pair ended wave (w) higher at 0.7512, and we take the more...

The markets have appeared to be preoccupied with the BREXIT vote all week. The conventional wisdom has the BREXIT vote failing and markets trading higher as a result. I doubt that assessment, but I...

We’re going to see some fireworks! Ok, maybe not today, but tomorrow all hell should be let loose.Already we have seen some sharp swings in pre-Asian trading, and this has opened up what I feel...

The 60 minute EUR/USD forex chart is having a bull breakout above a wedge bear flag after rallying up from a wedge bull flag. Just as I wrote about the Emini above, the forex markets are in breakout...

EUR/USD: Although EUR/USD closed higher on recovery on Wednesday and followed through higher during early Thursday trading, it faces downside risk below its declining trendline. Support lies at the...

Last day of campaigning in the United Kingdom!The United Kingdom has kicked off the final day of campaigning for tomorrow’s Brexit vote and surveys are showing that everything still remains in...

BREXIT today – we are out of EUR and GBP PairsUSD/CAD Currently we are 1.2761 trying to break out of the rectangle to the downside. If successful, we are looking for continuation to the 1.270...

A sense of anxiety continues to loom over global markets with investor unease reaching new heights as the Brexit saga finally draws to an end with less than twenty-four hours till vote day. Market...

USD/CAD daily chart - June 22, 2016In the above daily chart, we expect USD/CAD to test 1.33 - 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end...

The Brexit vote is coming up tomorrow, but it seems like the (currency) markets have already made up their mind: Britain remains in the EU! I personally have no opinion regarding this matter since I'm...

The Australian dollar has posted gains on Wednesday, following limited movement in the Tuesday session. The pair is trading just shy of the 0.75 line. On the release front, Australian MI Leading Index...

The dollar moved higher against the other major currencies on Tuesday, following comments by Federal Reserve Chair Janet Yellen, although investors remained cautious ahead Thursday’s British...

Main Brexit pair GBP/USD made a strong push up in the last few days on account of the polls in the UK showing a lead for the Yes (Remain) vote. This move to the upside is already a bit extended, but...