Forex Opinion & Analysis

The EUR/USD is trading below the downward trend line on a 120 minute time frame. The price is also trading in a downward wedge pattern which is a bearish pattern. The volatility for the pair is low as...

Talking Points AUD/USD Technical Strategy: Sidelines Preferred Hammer suggests bears have run out of steam Morning Star in intraday trade hints at recovery to 0.9300 Signs of a potential bounce...

After a slow start to the week for the Pound, it has shot back into favour for investors as the UK has delivered yet again on its economy with strong results.CPI data saw a boost and this was a boost...

The Bank of Japan (BoJ) surprised no one when it held off implementing more stimulus yesterday, but the level of positivity in their comments was interesting. October is now the month traders are...

Market CommentaryThe US Dollar traded mixed bag wherein it traded strong against the Euro, the Swiss France and the Japanese Yen whereas the Dollar traded weak against the Pound; the Aussie ended flat...

Market Drivers May 22, 2014 EZ PMI generally lower with only GE Svc beating the mark HSBC Chinese PMI surprises to the upside; helps AUD to 9260 Nikkei 2.11% Europe .02% Oil $104/bbl Gold...

USD/JPYOpen 101.42 High 101.76 Low 100.80 Close 101.34On Wednesday USD/JPY increased with 80 pips. The currency couple appreciated from 100.80 to 101.62 yesterday, not matching the negative money flow...

I presented you with the idea of a flat EUR/USD correction being in progress. This can be an expanded flat correction as wave b) fell to a new extreme. The pattern is still not complete at the moment,...

EUR/USD The euro eventually broke below the 1.3670 breakpoint, ending its near-term consolidative phase and commencing a fresh leg lower. The price spiked lower to 1.3633 so far, ticks away from the...

EUR/USDRisk reward: 1.91Trend: UpBuy at 1.3658 SL 1.3626 TP 1.3719USD/JPYRisk reward: 1.78Trend: DownSell at 101.76 SL 102.08 TP 101.19GBP/USDRisk reward: 2.25Trend: Strong UpBuy at 1.6879 SL 1.6847...

Market BriefThe Fed 29-30 April meeting minutes brought no new information to the markets. Policy normalization has been discussed in April, some participants said it is too early to talk about a...

GBP/USDOpen 1.6896 High 1.6928 Low 1.6829 Close 1.6897On Wednesday the GBP/USD increased with 100 pips. The Cable appreciated from 1.6829 to 1.6928 yesterday, in line with the positive money flow...