Forex Opinion & Analysis

Attention is gravitating to the dollar, and for good reason. In the past year, the Dollar Index is up 25%. Since 1980, the dollar has only risen that quickly in one year once before: the period...

Thursday’s trading session started off on an optimistic note for pound bulls. GBP/USD had rallied over 100 pips from Wednesday’s low under 1.5900, which happened to mark a potentially key...

Talking PointsEUR/USD dips sub-1.0500 before swiftly rebounding above 1.0600. Commodity currencies (AUD, CAD, NZD) leading the way. See the March forex seasonality report for trends in the QE-era. The...

Talking Points USD/JPY stalls near 122.00 GBP/USD rebounds from key Gann level S&P 500 faces important test Foreign Exchange Price & Time at a Glance Charts Created using Marketscope –...

CAD rallies on soft U.S Retail Sales Dollar bulls looking to add to their long positions Market is expecting a soft Canadian jobs report USD Bulls feel confident above $1.2600 The CAD ($1.2653) is...

We have watched, even marveled, at how the U.S. Dollar has strengthened since last September. All sorts of theories have been put forth as to “why”. Some have proffered the dollar is the...

TECHNICAL SCOOPCHART OF THE WEEKCharts and commentary by David Chapman Is the euro the Titanic? The question may be rhetorical but oddly, there are comparisons. The Euro “set sail” on...

Since its fall all the way from 1.0238 down to 0.7780 on the 15th of January this year, the USD/CHF pair has been consistently climbing higher, breaking through the psychological parity hurdle this...

US Dollar The US Dollar traded lower against its major peers on Thursday in the absence of any major U.S. economic reports. Market participants await the upcoming FOMC meeting next week to see if...

The aussie is consolidating within a strong down-trend. The current pull-back is extending and will probably rise up to the down-sloping trend-line drawn from the Autumn 2014 highs at 0.7790. At that...

GBP/JPYCurrently we are at 181.35 and consolidating on the hourlies. We are looking for a continuation to the 0.500 Fibo support area @ 180.28 with an overall target @ 178.93. The average daily true...

This week, USD/JPY has reached the level of 122.02 having refreshed last year's lows. The dollar continues to appreciate against major world currencies against a backdrop of US positive statistics....

EUR/USDCurrent level - 1.0581 Yesterday's slide bottomed precisely at 1.0490 support and the bias here is already bullish, for a rise towards 1.0664 minor resistance, en route to 1.0820 hurdle....

The size of EUR/USD short positions became visible this morning when we saw a 150 pip recovery for the pair, driven by nothing other than that someone took profit and those being a bit late, stopping...