Forex Opinion & Analysis

USD/CAD rallied to a high of 1.2393 on Wednesday, the highest since April 2009. The bias remains strongly bullish, with many technical indicators suggesting this. The market is above the Ichimoku...

A head fake bounce through minor resistance at 1.1639/50, but a stall ahead of trend line resistance, now 1.1705 to leaves risk for a roll back lower to the basing range and to leave a negative bias...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/USD• Timeframe: H4 (Hourly Chart)• Binary Option Trading Recommendation: Seek binary call options on dips below...

Thursday will be a day of great volatility in EUR/USD as the ECB is expected to announce QE. There’s talk that the regulator still hasn’t made a decision. The market is very nervous &...

NOTE: A Major ECB meeting is happening tomorrow so be cautious. A leak of the announcement today sparked some massive volatility, so may see more of that tomorrow. We also have a record amount of Euro...

- European Central Bank (ECB) Widely Expected to Announce Quantitative Easing (QE) Program.- Will ECB Share the Risk & Get Local Central Banks Involved? NOTE: FXCM Inc, Parent Company of DailyFX,...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11584, 11494, 11346 Resistance:11715, 11772, 11888 The Dow Jones FXCM US Dollar Index continues to...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.1516, 1.1416, 1.1254 Resistance:1.1620, 1.1720, 1.1882 The Euro may see a recovery against the US Dollar after prices put in a Bullish...

The whole is going all the way up but quite bumpy at 93.00/92.00. the non-USD index is starting to have a clear vision. Today we can choose Call for non-USD index. Keep your eyes peeled for the...

EUR/USD Daily Analysis: Markets have been moving sideways for the past few days and we have been trying to be patient, waiting for a high-probability trend to emerge. Technically the long-term...

For the 24 hours to 23:00 GMT, the AUD weakened 0.89% against the USD to close at 0.8093.LME Copper prices declined 2.26% or $130.0/MT to $5630.5/MT. Aluminium prices rose 0.05% or $1.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 1.99% against the CAD to close at 1.2351. The CAD lost ground after the BoC surprised markets by cutting its key interest rate by a quarter point to 0.75%,...

For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.8615. In economic news, Switzerland’s ZEW economic expectation index weakened to -10.8 in January, compared...

For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 117.95.Yesterday, the BoJ Governor, Haruhiko Kuroda, stated that the nation’s economy was continuing to...