Forex Opinion & Analysis

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7580, 0.7400, 0.7220 Resistance:0.7691, 0.7781, 0.7871 The Australian Dollar is poised challenge April’s floor against its...

Talking Points: GBP/JPY Technical Strategy: Flat Support: 188.81, 187.79, 185.01 Resistance: 190.00, 191.36, 193.57 The British may be preparing to turn lower against the Japanese Yen as...

Talking Points: EUR/JPY Technical Strategy: Flat Support: 135.65, 134.68, 132.80 Resistance:137.24, 138.52, 139.80 The Euro may be preparing to make a run toward monthly highs against the...

As the euro bounces, look fotr the USD to correct before heading higher.

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above 190. Despite today’s intraday weakness, the bulls still seem...

The Dollar Index has drawn a head and shoulders on its 30-minute chart. But the right shoulder has formed a megaphone, complete with a fake breakout through the neckline.A megaphone right shoulder...

In my piece a couple of days ago, I noted GBP/USD's 1.5170-1.5220 region as being potentially key after the pair broke through a number of support levels and the dollar asserted its dominance. This...

[Note: Factor LLC trades futures and forex markets based on classical charting principles formulated in the 1920s and 1930s. Factor LLC does not consider global macro fundamental factors in market...

OverviewAfter a fairly choppy start to the day, USD ends the European session relatively flat, driven higher once US participants began arriving at their desks, with better than expected Pending Home...

Sterling has fallen out of favor. It was the market's darling, rallying from $1.4565 in mid-April to $1.5815 in mid-May. From a technical point of view it was correcting the slide from last July's...

The return of the “Best House in a Bad Neighborhood” trade has seen the dollar rally strongly over the last three weeks, with the trade-weighted dollar index breaking back above its 50-day...

Yesterday we had comments that Greece and its creditors may be close to a deal, but these claims were contradicted by other sources, which said a final deal has not been made.Asian session PCE reading...

GBP/AUDCurrently we are at 2.0021. We are looking for a continuation to the Fibo Resistance area at 2.0080 with an overall target at 2.0295. The average daily true range (ATR) for the pair currently...