Forex Opinion & Analysis

EUR/USD And AUD/JPY Long MAJOR PAIRS: MAJOR CROSSES: How to read these tables? 1. If Position/Trading Idea is "LONG/SHORT" it means we have already taken this position at the Entry Price and expect...

In what was otherwise a very quiet overnight session, the audusd edged higher as the Reserve Bank of Australia (RBA) maintained a neutral bias in its monetary policy meeting. As widely expected, the...

Commodity currencies take focus as energy and metals benefit from the weaker USDFX markets have seen price action focus in commodity currencies amid relatively light newsflow, with the day kicking off...

The euro and yen continued to have small ranges and day traders will continue to look for 10 – 20 pips scalps. If there is a strong breakout up or down, they will try to swing trade for 50 pips....

EM economies have not bottomed out yet – the worst is still to come!Mixed Signals on EM Economic Performance Mainstream economists are of the opinion that the emerging market economies and...

Earlier today, official data showed that German factory orders fell unexpectedly in August, while industrial orders declined by 1.8% from a month earlier, missing expectations for a 0.5% increase....

AUD/CHFCurrently we are at 0.6920 in a well-defined range. We are looking to continue to the 0.618 Fibo support area at 0.6819 with an overall target at 0.6769. The average daily true range (ATR) for...

When looking at the Top 10 in the Monthly Ranking and Rating list, we can see that for the coming month, the following stronger currencies are well represented for going long: USD (4X) followed by the...

AUD/USDMarket Scenario 1: Long positions above 0.7115 with targets at 0.7146 & 0.7183. Market Scenario 2: Short positions below .7078 with targets at 0.7047 & 0.7010. Comment: AUD/USD found...

EUR/USDCurrent level - 1.1191 The intraday bias is bearish again after the recent slide through 1.1210, for a break through 1.1150, en route to 1.1012 area. Crucial on the upside is...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in...

As the Fed’s interest rate hike has calm down, this week’s focus is drawn to central bank’s interest rate decision and currency policy in other countries. During the session today,...

Market Drivers for October 6, 2015 RBA keeps rates on hold EZ Retail PMI in line Nikkei 1.00%, Europe .14% Oil $46/bbl Gold $1137/oz Europe and Asia AUD: RBA rates 2.00% EUR: EZ PMI Retail 51.9 vs....

AUD/USD – Playing The CorrectionThe RBA meeting was a non-event with consensus expectations met as rates remain on hold at 2.00%. With the RBA on the sidelines for now and commodities...