Forex Opinion & Analysis

EUR/USD Daily Analysis: 1.10 held strong yesterday, holding nicely as support as bulls bought strongly into the dip (or bears took profit), and we saw a clear break of the bearish flag pattern. As...

The dollar edged lower against a basket of other currencies on Wednesday, after data showing that U.S. inflation rose at a slower than expected rate last month, infact the consumer price index ticked...

For Thursday’s DecaPip Daily, I would like to look at the NZD/USD currency pair, as it is about to reach a point where it either makes a sharp move up or follows the risk off trade and makes an...

Turkish lira hits all time numbersUSD/TRY made a sharp move this early morning and climbed to 3.0 area. Investors are concerned about the security situation and political situation. President Tayyip...

The dollar fell against major currencies on Wednesday after the Fed published the minutes of the FOMC meeting in July. The Fed sounded concerned on the persistently low inflation levels and was only...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.22% against the USD to close at 0.7352. LME Copper prices rose 0.12% or $6.0/MT to $5006.5/MT. Aluminium prices declined 0.65% or $10.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 1.25% against the CHF and closed at 0.9654. In the Asian session, at GMT0300, the pair is trading at 0.9661, with the USD trading 0.08% higher from...

For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 123.90. In the Asian session, at GMT0300, the pair is trading at 123.90, with the USD trading flat from...

For the 24 hours to 23:00 GMT, the EUR rose 0.85% against the USD and closed at 1.1121, after the current account surplus for Italy and Eurozone widened in June. The greenback weakened after the...

The dollar’s rise in the past couple of days, since Thursday the 13th, ended yesterday the 19th, as at around evening time, the EU finance ministers approved the 1st portion of the bailout plan...

Talking Points:USD/JPY real volume hit levels comparable to holiday conditions or quiet last seen in 2012 recently. USD/CAD real volume is climbing with a surge Wednesday and a 20-day moving average...

- U.K. Retail Sales to Increase for Fifth Time in Last Seven-Months.- Will a Rebound in Private-Sector Consumption Encourage a Greater Dissent Within the BoE? Trading the News: U.K. Retail Sales A...

Talking Points:USD/JPY Technical Strategy: Flat Support: 123.41, 122.84, 122.26 Resistance: 124.12, 124.56, 125.27 The US dollar broke down from its consolidation range against the Japanese yen, with...

Talking Points:US Dollar Technical Strategy: Holding Long via Mirror Trader Basket Support: 11904, 11853, 11801 Resistance: 11968, 12050, 12114 The Dow Jones FXCM US Dollar Index looks vulnerable to...