Forex Opinion & Analysis

As we spoke about in this morning’s Daily Market Update, AUD/JPY is hanging precariously on for dear life after breaking major weekly trend line support.AUD/JPY Weekly: As you can see on the...

Your DAY’S Trading Inspiration: We begin what is expected to be a range-bound week across the majors with news that Australia’s Jason Day has clinched his first major, taking out the PGA...

EUR/JPY buy the dips down to 137. The hourly trend is up. Original post

GBP/USD will spur new buys with a break above 1.57. Will not touch it otherwise. The hourly trend is up.GBP/USD (hourly) Original post

Although on a break, I was working on completing an updated book on Fractal Forecasting. Therefore, I was watching the market and was quite perturbed by the development. It took me a great deal of...

EUR/USD: With EUR seeing a close higher the past week, it now faces the risk of following through higher in the new week. Note that we may see a slight pullback in the new week. Support lies at the...

HighlightsMarket Movers: Weekly Technical Outlook The Yuan’s Wild Ride towards SDR Status Look Ahead: Stocks Look Ahead: Commodities Global Data Highlights Market Movers: Weekly Technical...

Weekly Large Trader COT Report: CurrenciesUS Dollar net speculator positions rose last week to +$37.19 billionThe latest data for the weekly Commitment of Traders (COT) report, released by the...

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, which is then...

The upcoming week will prove to be a pivotal one for the US dollar, as we approach a number of key levels in the market and a number of currencies pairs are close to putting in some significant...

EUR/CHF: The cross may be biased to the upside in the medium term but its price failure, taking back more than half of its gains the past week, could trigger a full blown correction. Corrective signs...

GBP/JPY: Having seen GBP/JPY close higher the past week, risk of further bullishness remains on the cards. This, if seen, will allow the cross to target the 195.83 level, representing its year-to-date...

EUR/USD We are currently sitting at 1.1109. Structure shows a possible 5 waves up and/or an abc up for a move to the downside. Either way, right now, we are looking to the S4 at 1.1050 area. The...