Forex Opinion & Analysis

On Friday, the EUR declined 0.66% against the USD and closed at 1.1116.In economic news, German factory orders jumped 1.4% MoM in April, beating market expectations for a 0.5% rise and following an...

GBP/USD bears appear to be back in control with first minor resistance at 1.5285. If we continue higher look for a selling opportunity at 1.5310/15. Sell here, stop 1.5330. Target1 @1.5285 (trail stop...

US Core Retail Sales is usually a strong market mover, and considering the positive surprise on last Friday’s Nonfarm Payroll Report, we could expect a stronger than expected release...

AU Employment Change release today will definitely be a stronger mover if the figure were to hit our tradable deviation. Considering the aftermath of recent RBA rate action, I’d be cautious with...

RBNZ Interest Rates decision today is expected to remain unchanged, as recent consolidation in the USD may have provided some room for RBNZ to keep policies unchanged. However, if we do get a...

Talking Points: USD/JPY Technical Strategy: Flat Support: 125.20, 124.64, 123.74 Resistance: 126.10, 126.83, 127.55 The US dollar resumed its advance against the Japanese yen, rising to the...

Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1000, 1.0818, 1.0679 Resistance:1.1202, 1.1320, 1.1439 The euro slipped back below the 1.12 figure against the US dollar after moving...

Key Fundamental Forex Events for the Week of June 1st through June 5th The following table lists the key economic data and other events that came out during the week of June 1st through June 5th, with...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2397, 1.2319, 1.2243 Resistance: 1.2521, 1.2615, 1.2691 The US dollar may have set a top against its Canadian namesake, having...

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.6945, 0.6866, 0.6787 Resistance: 0.7043, 0.7103, 0.7170 The New Zealand dollar looks to be aiming below the 0.70 figure against its...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7602, 0.7535, 0.7469 Resistance:0.7685, 0.7735, 0.7818 The Australian dollar has returned to test monthly lows against its US...

Talking Points: EUR/JPY Technical Strategy: Flat Support: 138.86, 136.95, 135.33 Resistance:141.39, 143.95, 146.52 The euro is edging cautiously lower against the Japanese yen after putting in...

One of the trends we've been focused on for some time now -- since around mid-2012 -- is the rise in the USD/JPY. As the chart below illustrates, USD/JPY recently cleared a major resistance...

In this article I will provide my view on the CHF/JPY, NZD/USD and the GBP/AUD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader...