Forex Opinion & Analysis

Talking Points: British Pound May Fall as June PMIs Undercut BOE Tightening Speculation Australian Dollar Drops as Soft Retail Sales Data Inspires RBA Rate Cut Bets See Economic Releases...

Talking Points: USD/JPY Technical Strategy: Flat Support:122.36, 121.54, 120.52 Resistance:123.18, 124.20, 124.83 The US Dollar continues to trade sideways in a choppy range above the 122.00...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11888, 11829, 11792 Resistance: 11937, 11985, 12044 The Dow Jones FXCM US Dollar Index stalled...

Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1000, 1.0818, 1.0682 Resistance:1.1054, 1.1127, 1.1199 The Euro continues to test the bounds of the uptrend carved out over the...

It’s only natural that this weekend’s Independence Day celebrations stateside and Sunday’s Greek referendum would discourage any aggressive market participation.Expect many investors...

“We should prepare for more USDCAD strength from now on. Levels around 1.26 or higher should not be surprising.” This is an excerpt from “USD/CAD To Regain Positive Bias?”,...

USD/JPYUSDJPY has moved slightly to the downside yesterday after testing the key resistance line seen on the provided graph. Closing below SMA20-colored in green- is negative, but we will be patient...

Measuring wealth with an ever-expanding ruler makes for a carnival illusion of safety, suspended in a vast, uneven web of complexity.The longer society and culture remain detached from the nature of...

Market CommentaryNon-Farm payrolls was the major risk event yesterday but failed to spark any real life into the markets who seemed intent on treading water into the US holiday today and the Greek...

The AUD/USD today is breaking below important long-term support as the bearish formation in the monthly and weekly chart shows. As can be seen in the monthly chart below the AUD/USD remains in bearish...

EUR/USDRisk reward: 2.22Volatility: HighUp at 1.1089 Limit 1.1057 Target 1.1160USD/JPYRisk reward: 1.78Volatility: AverageDown at 123.19 Limit 123.51 Target 122.62GBP/USDRisk reward: 2.09Volatility:...

The dollar started the Asian session flat following its slide against major currencies after June’s soft jobs data. The weaker-than-expected increase in nonfarm payrolls and muted average hourly...

EUR/USD has completed a triangle in mid-2014 around 1.4000, from where we have seen a strong bearish reversal down into big wave C) as expected. Wave C) is part of a three wave set-back from 2008...