Forex Opinion & Analysis

File this story in the category of "be careful what you wish for, you just may get it". I am talking about Brazil, more specifically, Brazil's currency, the Real. Let's also investigate comments made...

EUR/USD Open 1.0833 High 1.0907 Low 1.0783 Close 1.0848 On Monday Euro/Dollar increased with 85 pips. The European currency appreciated from 1.0821 to 1.0907 yesterday, not matching the negative money...

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...

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,...

On Monday EUR/USD has retraced 38.2% of Friday’s decline, but met resistance around 1.0900. There’s bullish divergence on the daily chart and the euro looks oversold. However, the...

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...

The USD/JPY moved higher, breaking out of the supposed triangle it was in the process of forming. It now appears that either the pattern was not after all a triangle – or that it was a triangle...

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...