Forex Opinion & Analysis

This week’s focus is on Fed’s interest rate hike decision, the market is also waiting for the CPI data released by the US and the meeting report see light on Thursday to move.Important...

The dollar edged higher in Asian trading, adding to Monday’s gains on the back of strong housing data. The National Association of Home Builders housing market index rose to the highest level in...

The Australian Dollar has found adversity as the domestic economy faces a significant rout in the price of commodities. However, according to the statements released by the RBA, the weaker AUD is...

Talking Points: • Market conditions reflect drained volume, curbs on volatility and moderation of key fundamental themes • There are a range of technical patterns that look particularly...

Talking Points:USD/JPY Technical Strategy: Flat Support: 124.12, 123.41, 122.84 Resistance: 124.56, 125.27, 125.85 The US dollar is marking time against the Japanese yen after recording the largest...

Talking Points:US Dollar Technical Strategy: Holding Long Support: 11968, 11904, 11853 Resistance: 12050, 12114, 12166 The Dow Jones FXCM US dollar continues to stall at trend line support guiding the...

Talking Points:GBP/USD Technical Strategy: Flat Support: 1.5546, 1.5458, 1.5387 Resistance: 1.5700, 1.5788, 1.5929 The British pound recoiled from range resistance yet again, with a Bearish Engulfing...

Talking Points:USD/CAD Technical Strategy: Flat Support: 1.2956, 1.2798, 1.2670 Resistance: 1.3109, 1.3207, 1.3366 The US dollar continues to mark time against its Canadian namesake after finding...

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6443, 0.6261, 0.6114 Resistance:0.6679, 0.6791, 0.6973 The New Zealand dollar may be in the process of carving out a double bottom against...

Good morning. Hope all is well! We have had an average forecast for yesterday with a 57% accuracy. Both US dollar and Japanese yen were sidelined through the day as opposed to weakening. British...

RBA Monetary Policy Meeting Minutes: While the Reserve Bank of Australia leaving rates unchanged really surprised nobody (well all but the two surveyed economists that enjoyed their time in the...

Well, did we all have a fun day yesterday? Did we stay awake? No? I suspect none of us actually saw much that could provide us with any decent return. Having been through the analysis, while there has...

EM RundownMost major FX pairs are starting off the week on a quiet note as traders try to squeeze in last-second summer vacations and the economic calendar got off to a slow start. By contrast, the...

New traders often ask me which currency pairs they should they start with -- and my suggestion has always been to consider cable, simply because broker spreads are reasonable and the pair almost...