Forex Opinion & Analysis

As to be expected on a Monday with little news, trading was relatively subdued across the boardNZD/CAD provided one of the cleaner charts to continue gains from last Friday, following poor...

This week the scorecard recommends buying GBP, CHF and EUR while selling AUD, NZD and SEK. Last week's signals resulted in a 0.1% gain. To Read the Entire Report Please Click on the pdf File...

The European Union is looking like the contender for this week's biggest move as Mario Draghi sets to feed the banks loans in order to prop up the European Union. Many economists are expecting Draghi...

The AUD/NZD pair is testing the current trend line, which is so far holding firm. In the absence of any shocks to the market, the bulls should return and a bounce off the trend line will be the likely...

AUD/USD rally is running out of steam, so selling with a break preferred.The Australian dollar traded lower against the US dollar after the disappointing employment report in the Australia. However,...

The forex markets are rather steady as the week opens. Yen is mildly lower against the greenback as Asian stocks recovered. Japanese Nikkei is up 132 pts, or 0.88% while Hong Kong HSI is up 107 pts,...

NZD/USD eyes multi-decade, secular high from 2011 at .8845An inside Friday after the Thursday prod higher, still hesitant at the key long term resistance barrier at .8845 (see below), but we...

The following are the intraday outlooks for EUR/USD, USD/JPY, and GBP/USD as provided by the technical strategy team at SEB Group.EUR/USD: In range with downside tilt. Following last week’s...

Background I wrote a trading comment on EURUSD on July 3 2014 entitles “Greenback to make greater gains”. That was a paper with a medium-term perspective. However, I have noted in the...

EUR/USDRisk reward: 1.22Trend: UpBuy at 1.3596 SL 1.3564 TP 1.3635USD/JPYRisk reward: 0.91Trend: NeutralBuy at 101.37 SL 101.05 TP 101.66GBP/USDRisk reward: 1.56Trend: UpBuy at 1.7106 SL 1.7074 TP...

Talking Points:US Dollar Aiming to Move Higher After Correction S&P 500 Pullback Still Stuck at Chart Support Level Crude Oil Drops to 2-Month Low, Approaches $100 US DOLLAR...

EUR/USDThe euro was almost unchanged against the dollar on Friday as concerns over a major Portuguese lender eased, curbing safe haven demand for the greenback. The single currency remained under...

USD/CAD recently reversed up from the lower support trendline of the daily down channel that was earlier identified by Autochartist – as you can see from the following trade alert for this...