Forex Opinion & Analysis

We could be in for some quiet times today as it’s a bank holiday there and we may not see much movements on our US dollar pairs, however we may see some movement on the euro pairs due to our...

Autochartist recently identified the Up Channel chart pattern on the daily EUR/CHF charts –as you can see from the following trade alert for this currency pair. EUR/CHF is expected to break this...

This week the scorecard recommends buying SEK, NOK and JPY while selling CHF, EUR/USD and GBP/USD. Last week's sell-off in SEK seems overdone according to the model and, as the technical input...

NOTE: Tomorrow is the Memorial Day Holiday in the US, so expect thin markets come NY session all the way through to Tokyo.EURUSD – Pin Bar Fails, Bearish Bias Losing ground 6 of the last 7...

California (CA) GDP is expected to be around 0.1% and we’ll be looking for the usual 0.3% of deviation for this trade. With this being the last trading day of the month, we should remain...

US Prelim GDP release is the second release for the 1st quarter of 2014, which has been a disappointment so far. And if we were to get an even worse release today the market could sell USDand BUY JPY...

It’s been 6 difficult months for (Bitcoin), most notably due to the leading exchange’s collapse, MtGox. Bitcoin collapsed down to $350 from the highs of $1,150 and is currently trading for...

Talking Points:USD/JPY Technical Strategy: Flat Support: 101.94-99 (38.2% Fib exp., channel top), 102.35 (23.6% Fib exp.) Resistance: 101.61 (50% Fib exp.), 101.28 (61.8% Fib exp.) The US Dollar...

USD/CAD remains in uptrend from 1.0813. The price action from 1.0926 could be treated as a consolidation of the uptrend. Near term support is at 1.0850. As long as this level holds, the uptrend could...

I bought (Bitcoin) Friday in light of the chart below. I think the selling may be over, as price is now above the downward sloping trendline going back to its all-time highs and is also above the 50...

The US dollar had a good week, appreciating against all the major currencies, except sterling, which was fractionally stronger (0.13%) and the Canadian dollar, which was flat. Underpinned by firm CPI...

EUR: Will Weekend Elections Impact on EUR? USD: What is Clear / Unclear about Fed’s Policy Plans GBP: 1.70 is the Top for the Time Being CAD: Inflation Hits 2% Target for First Time in 2...

EUR/USDThe pair finished the week lower, as less than impressive macroeconomic data in the form of mixed EU PMIs and weaker than expected German IFO, together with numerous comments by various ECB...

EUR/USDThe euro continues falling down. Today the price may reach level of 1.3625, return to level of 1.3680, and then complete this descending wave by falling down and reaching level of 1.3580....