Forex Opinion & Analysis

The euro has rallied to its best level against the Swiss franc since the SNB surprised investors by abandoning its franc cap in the middle of January. Since the end of June, the euro has rallied...

EUR/CHF reached its highest level since the SNB dropped their peg against the EUR, while JPY sees weakness following a lower surplus than expectedUSD/JPY was the most notable mover overnight in a...

Let us consider the USD/JPY currency pair on the daily chart. The price has been moving within an ascending corridor, confirmed by the Parabolic indicator and the Donchian channel. The RSI-Bars...

GBP/USD looks to recover higher following its rejection candle print on Friday. This development leaves the immediate risk higher with its lower level charts (see 4 hourly chart) turning higher. On...

Currently we are at 2.3577. We are looking for a continuation to the 0.214 Fibo support area at 2.3850 with an overall target at 2.4032. The average daily true range (ATR) for the pair currently is...

CAD net shorts vs USD have risen to their highest since March 2014, breaking the 29-month trendline support and suggesting CAD sentiment among speculators is further endangered. Although net longs US...

China DisappointsDisappointing economic data from China keep piling up as foreign trade data for July fell short of expectations. China’s exports came in on the soft side as it dropped -8.3%y/y...

The USD/JPY pair is trading above its upward trend line on a 4 hour time frame. The price has broken its symmetrical triangle pattern towards the upside. The projection if completed, could easily push...

At the end of last week, the European currency showed a steady rise as investors took profits looking for a USD growth in the medium and long run amid the forthcoming US interest rate hike. US...

Market Drivers for August 10, 2015 Commodity dollar slide continues in wake of weak CNY data Euro holds relative bid Nikkei 0.41% Europe -.07% Oil $43/bbl Gold $1094/oz. Europe and AsiaJPY: Eco...

Talking Points:Aussie, Kiwi Dollars Underperform Following Disappointing Chinese Data US Dollar May Rise if Fed-Speak Boosts September Interest Rate Hike Bets The Australian and New Zealand dollars...

EUR/USDCurrent level - 1.0958 The intraday bias is rather positive above 1.0930 support, for a break through 1.1085 resistance, en route to 1.1128....

The dollar stabilized after its brief surge on Friday that followed another set of robust jobs growth. Nonfarm payrolls for July were slightly below expectations at 215k, but at above 200k, maintained...

The euro was little changed against the U.S. dollar on Monday, following its gain over the previous three sessions, amid hopes Greece is becoming closer to a bailout deal with its creditors.A Greek...