Forex Opinion & Analysis

Market Drivers for August 24, 2015 Euro nearly hits 1.1500 as Asian equity markets crushed All eyes on US as risk aversion flows dominate Nikkei -4.36% Europe not open yet Oil $39/bbl Gold...

USD remains clearly bullish on big time frame charts, with higher highs and higher swing lows forming since May 2014. This trend will be expected to continue, but after wave IV correction is done. For...

Shares in Asia followed the 3% slump in US and European markets on Friday to head for another sharp sell-off on Monday. China’s indices were the worst affected, with the Shanghai SE Composite...

UK Revised GDP q/q is a second GDP release for the Q2 of 2015 period, and since it is the second release for the same quarter, most data have already been made available. It’s less likely to...

US Prelim GDP release is the second release for the second quarter of 2015, which is expected to improve from the 2.3% reading on the advanced reading. We are looking for a minimum of 0.3% of...

The Aussie Dollar experienced a week of falls as the pair remained under the grips of a bearish trend line. However, the pain is not yet over as the Aussie challenges support and further bearishness...

Global MarketsGlobal markets are facing severe pressures and extending losses with sentiment being weighed down by a wide variety of different factors with this including China uncertainty, resumed...

The following are the key takeaways from this week's COT report as provided by Scotiabank. (Data in this report cover up to Tuesday Aug 18 and were released Friday Aug 21).The aggregate long USD...

There I was on Friday morning, watching the completion of a 5-wave move in USD/JPY, EUR/USD and USD/CHF, all accompanied by hourly (dollar) bullish divergences and thought: “great, this should...

Key Highlights Euro enjoyed a nasty ride towards the upside against the US dollar, as the latter one weakened a lot recently. EUR/USD climbed higher and broke an important resistance of 1.1400-20,...

EUR/USD: With EUR seeing a strong rally the past week, we envisage more strength in the new. However, note that a consolidation with a pullback may occur. Support lies at the 1.1300 level, where a...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list, which was published earlier this weekend. Besides this analysis and the corresponding chart, I also provide...

Besides the Ranking and Rating list provided here, I will also prepare this weekend the Weekly Currency Score list, which will support my analysis for trading in the coming week.When looking at the...

HighlightsMarket Movers: Weekly Technical Outlook Can Europe save the market from China fears? What’s up with the dollar? Look Ahead: Stocks Look Ahead: Commodities Global Data Highlights Market...