Forex Opinion & Analysis

USD/CAD is listless on Tuesday, as  the pair continues to trade in the mid-1.07 range early in the North American session. The loonie has enjoyed an excellent June, gaining over two cents...

The USD/CAD dipped below the previous support at 1.0811 and increased its bearish momentum, leading as low as 1.0713. Down trend pattern now prevails in the chart and for that reason we consider that...

EUR/USDThe pair managed to benefit at the start of the session following a reversal of the overnight trend which saw prices suppressed by selling by Asian corporate names and leveraged accounts amid...

GBP/NZDCurrently we are at 1.9513. We are looking for a breakdown of the wedge to the Day chart trend line at 1.9445. The average daily true range (ATR) for the pair currently is 109 pips.

Main scenario:The GBP/USD is trading along an sideways trend.A downtrend will start as soon as the pair drops below support level 1.6960, which will be followed by moving down to support level...

USD/JPY market continues to trade sideways between 101.35 and 102.70 and is basically unchanged since the last week of January. We just can't call it right now.Technical Recommendation: Stand aside.

TFF issued an Aussie Long STTS signal on a pull back last Thursday which did not trigger by a few pips. After today's strong show we believe this pair is about to break to the upside once again with...

GBP/USD slowed the rally at the beginning of the new week after having hit at 5.5-year high of $1.7060 on June 19. The cable slipped below the $1.7000 mark on Tuesday, disappointed by the BoE...

Talking PointsAUD/USD Technical Strategy: Sidelines Preferred Doji in intraday trade signals hesitation near 2014 high Range between 0.9210 and 0.9440 remains in force The AUD/USD traders remain...

It's difficult to get excited about a forex market whose ranges are either handcuffed by optioned related deals or a market that is generally non-fussed by either volume or volatility interest....

Market Drivers for June 24, 2014 Carney - still a lot of slack in the system no confirm that rates will rise this year EZ IFO slightly lower at 109.7 but euro shrugs off Nikkei .05% Europe -.09% Oil...

EUR/USD edged higher on Tuesday, as the pair trades slightly above the 1.36 line in the European session. On the release front, German Ifo Business Climate fell short of the...