Forex Opinion & Analysis

No new orders placed today, though I did close out my short USD/CAD and GBP/CAD trades based on how the candles were developing. I booked a small profit as a result. This may have been a...

During periods of low volatility, the best way to find some good forex action is to find a currency pair where the opposing economies are going in different directions. For the majors, this type of...

The AUD/USD continued to grow, as we had expected. The trading range was 102 points. Low mark has gone down to a minimum - 0.9334, while the High level could be seen at the maximum - 0.9437. The...

AUD/USD For Tuesday, June 17, 2014After spending a couple of weeks at the end of May trading near and finding support at 0.9220, the Australian dollar has enjoyed a solid surge over the last...

EUR/USD Open 1.3572 High 1.3587 Low 1.3512 Close 1.3573On Monday euro/dollar increased by 65 pips. The European currency appreciated from 1.3512 to 1.3580 yesterday, matching the positive money flow...

Between the World Cup, the approaching summer, rising geopolitical risk, and a generally weaker tone for risky assets in global markets, the recovery in EM assets may be placed on hold near-term....

Top 5 Events on Our Watch List GBP: What is the Chance of Double Top at 1.70? Euro Bounces, Idea of a Few Months of Steady Policy Gains Traction AUD: RBA Minutes Expected to Contain an Upbeat...

Weekly Pivot Points: EUR/USD Here are the current weekly Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Prices are currently trading under the weekly...

Talking Points USD/JPY nearing key downside pivot Key cyclical turn window coming up in Gold EUR/USD probes key support zone Foreign Exchange Price & Time at a Glance: Charts Created using...

Euro speculators most short since June 2013 AUD speculators most long since May 2013 MXN speculators most long since June 2013 View COT data in MT4 Latest CFTC Release dated June 10, 2014: Week...

Technical Strategy: Pending LongA Doji on the daily chart for the USD/CAD suggests a potential shift in sentiment for the pair and possible push back to the range-top at 1.0960. The close of...

USD/JPYThe Japanese yen has edged lower on Monday, as the pair trades in the high-101 range late in the European session. It's a quiet schedule on Monday, with no major releases. In...

Chart 1: The yen has been basing for a while now and could be ready to rally! Source: FinViz (edited by Short Side of Long) We’ve seen close to record high levels of short...