Forex Opinion & Analysis

Forex News and Events: The FX markets adjust positions through a quiet Monday session. Technicals should remain in focus throughout the day given the light economic calendar. In Switzerland, the...

The EUR/USD headed lower breaking the 2 week recovery to resumes the 2 month bear trend. A break below 1.3580 today keeps the market under pressure for 1.3571 the 1.3550. If the pair continue lower...

The GBP/USD retested the highs at 1.7175 as predicted and topped almost exactly here at 1.7170. Outlook remains positive despite the overbought conditions. On a break higher today we look for...

This week the scorecard recommends buying GBP, CHF and USD while selling AUD, NZD and JPY (see suggested weights in portfolio in table below). Last week's signals resulted in a 0.3% gain. Next...

Talking PointsAUD/USD Technical Strategy: Shorts Preferred Dark Cloud Coversignals potential for continued pullback Harami pattern awaiting confirmation on daily chart The Australian dollar is in...

The EUR/USD is steady on Monday, as the pair trades close to the 1.36 line in the European session. It's a quiet start to the week, with no US releases on the schedule. In the Eurozone, German...

The US Dollar was unchanged or higher against its other G10 counterparts in the wake of last week's solid US jobs data. Last week's data prompted traders to slightly increase bets that the Fed will...

The GBP/USD fell short of a few pips from its resistance level before it changed its direction on a 60 minute time frame. The price trend is moving in a rectangular pattern which means we do not have...

Market Drivers for July 07, 2014 German IP declines sharply EU Sentix Investor confidence rises Nikkei -0.37% Europe -0.37% Oil $103/bbl Gold $1315/oz. Europe and AsiaAUD: AIG Construction Index 51.8...

US rate hike seen less distant after bouncy ISM Fed's benchmark spending spree hurting liquidity Traders eschew fundamentals to take cues from central banks We closed last week with a...

EUR/USDCurrent level - 1.3595 There is a sign of a minor reversal at 1.3575 intraday low and the intraday outlook is bullish, for a break through 1.3600, en route to 1.3640. The latter should cap the...

Friday’s markets were largely dead with the US celebrating Independence Day and, to be honest, we expect a similarly quiet session today. That being said, we are seeing a little bit of USD...

Talking Point:German Industrial Production (MoM): -1.8% Actual Vs 0.0% Estimated; -0.3% Prior. German Industrial Production (YoY): 1.3% Actual Vs 3.6% Estimated; 1.3% Prior. EUR/USD extends...