Forex Opinion & Analysis

US NFP is expected to be around 195K, and with the Fed already talking about continuing with the rate hike path, a stronger release today could definitely push USD higher, whereas a weaker release may...

AU Retail Sales release could change the short-term direction of the AUD, but since NFP is scheduled to release in just under 12 hours, I’d recommend a trade only if we get our tradable...

US ISM Non-Manufacturing PMI is a leading indicator and since Friday’s Nonfarm Payroll report is the most watched release in all FX trading, today’s figure could provide a bit of hint as...

UK Services Purchasing Manager Index could be another strong release out of UK today, especially considering that the service sector is the majority of the labor force, a strong release should provide...

US ADP NFP Employment Change is usually a good release to trade, but with market now focusing on inflation rather than employment, I’d only recommend a trade if we get our tradable...

The AUD GDP q/q is a quarterly release that’s more likely to surprise the market but with yesterday’s RBA rate decision, I’d warn against going in the opposite direction even if the...

CA GDP is expected to come in at 0.1%, and considering the recent stabilization in crude prices and the potential of production freeze on the way, I would not go strongly against the...

Under 118,5, sell signals to go to 111,5. Buy above 118,5 as we are still in a monthly uptrend. On the monthly chart, there is a very powerful bearish candle that broke a strong support around 116....

AU RBA Interest Rate Decision today is likely to keep rates unchanged in today’s meeting as recent inflation reading in Australia has been rather positive. In the unlikely event of a surprise...

An upside revision to the US GDP for the fourth quarter sent the greenback stronger across the board. However, market sentiment is currently pointing to a modest risk aversion with the yen gaining in...

The Australian dollar started the week strongly as a general sentiment swing against the USD occurred. However, the latter part of the week turned torrid for the pair as an uptick in the US...

This article provides the Currency Classification for the coming weeks based on my analysis for the 8 major currencies. This is based on the technical analysis charts using theMACD and Ichimoku...

Sterling (GBP/USD) GBP/USD H4 – Trend and VSA From the beginning of February we saw a downtrend on GBP/USD. After 16th February’s support break out on level 1.44000, there was a bear sign...

“USD Prelim GDP q/q “1.0% v 0.4% expected)”The US economy expanded in Q4 2015, giving USD bulls reason to be optimistic on the overall health of the economy. Gross Domestic Product...