Forex Opinion & Analysis

The long term channel that has been in play for several months on the USD/CAD pair continues to hold. The present level of the price presents more than one opportunity for traders. Source: Blackwell...

Talking Points: Aussie Dollar climbed as much as 1% after RBA rate decision RBA leaves rates unchanged at 2.25% RBA says further easing may be appropriate over period ahead The Australian Dollar...

The currency markets have commenced the week cautiously, with the US Dollar mixed against its trading partners. The reason behind the cautiousness in the currency markets is because traders are trying...

GBP/USD remains in a range and has failed to break above the top of the range at 1.5008. To the upside, any moves higher would find resistance at 1.5163 (March 18 high) and then at 1.5236 (23.6%...

EUR/USD Open 1.0928 High 1.1036 Low 1.0908 Close 1.0919 On Monday Euro/Dollar decreased with 125 pips. The European currency depreciated from 1.1036 to 1.0908 yesterday, matching the negative money...

Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy. On some pairs initially markets did behave as we predicted from our supply/demand zones, however...

On Tuesday 7th April at 3.30pm local time (04.30 GMT) we get the Reserve Bank of Australia Interest Rate Decision announcement. Although many commentators expect the cash rate to remain unchanged,...

Australia 200 for Tuesday, April 7, 2015A few weeks ago the Australian 200 index pushed higher to a multi-year high to just above the key resistance level at 6000, before easing lower throughout the...

Chris looks at the upcoming Tuesday session in the EUR/CAD pair as the euro continues to struggle overall.Below you may find the video

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.AUD – Will the RBA Cut Interest Rates? CAD Shrugs Off Drop in IVEY PMI NZD – Oil Prices Jump 5.8% Dollar Bulls Back...

For a second straight trading day the European markets were taking a day off as the Easter celebration stretched out on both sides of the weekend. But US markets came back to the table today and began...

In contrast with preceding weeks, when central banks stole the show, last week was notable for the release of numerous economic indicators in the U.S. and Canada. The Canadian dollar continued to be...

Markets were a bit slow getting out of the blocks Monday morning, hindered by the fact that Asian and European markets were still out on holiday, but trading activity will no doubt pick up Tuesday....

Last Friday the major currencies including the pound strengthened significantly against the USD amid negative Non-Farm Payrolls data. The number of people employed in non-agricultural sectors of the...