Forex Opinion & Analysis

USD/CAD – Holding Near Resistance (4hr chart)Instead of shying away from the key resistance and range highs near 1.2650 and 1.2695, the USD/CAD has held up here with some solid intra-day buying....

Good morning. Hope all is well. We have had a really good forecast for yesterday with an 86% accuracy on our predictions. Australian dollar and British pound pairs are on our watch list today on...

Markets are off to a relatively slow start, with the dollar broadly pulling back after Friday’s post-NFP surge. Indeed, the entire economic data calendar is less action-packed than last week,...

The market calmed down and majors started to recoup their losses against the Dollar. The labour market condition index (LMCI), which the Fed watches closely, slid again to 4. The Fed has a preference...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementForex Outlook - 5 Things to Watch This Week EUR Steadies as Quantitative Easing Begins CAD: Hit by Weaker Canadian Data AUD:...

Much of the attention in late North American trade was focused squarely on Apple (NASDAQ:AAPL) as they introduced “the most advanced timepiece ever created” and a two pound golden laptop,...

Central banks monopolized the economic landscape this week in the wake of the publication of several economic indicators. Over the week, the USD/CAD gained 110 points while the EUR/USD lost more than...

OverviewIn what has been a rather subdued session amid a lack of fundamental news-flow, AUD/USD saw some selling pressure overnight after the lacklustre Chinese Trade Balance data which saw the import...

GBP/NZDCurrently we are at 2.0503 and back in the range. We are looking for a continuation to the resistance area @ 2.0665 with an overall target @ 2.0900. The average daily true range (ATR) for the...

NZD/USD Demand turned into SupplyNZD/USD looks pretty interesting for trade to me. On the chart we can see that Ex demand zone has been turned it supply and we can easily spot a breakout point there....

Last week’s price action for the EUR/USD was significant for several reasons. First, and perhaps most importantly, the congestion phase which began in late January, and extended throughout...

The latest IMM data covers the week from 24 February to 3 March 2015 . IMM positioning data released on Friday revealed that speculators slashed net EUR shorts last week , completing a three-week...

EUR/USD Current level - 1.0856 The sell-off bottomed at 1.0817 and current rebound is corrective, aiming at 1.0930 minor resistance. Crucial on the upside is 1.0990 and only a violation of that area...

Talking Points: Euro Vulnerable to Deeper Losses as “Grexit” Worries Emerge Once Again US Dollar May Rise if Hawkish Fed-Speak Boosts Interest Rate Hike Outlook See Economic Releases...