Forex Opinion & Analysis

Due to both the US and Canadian employment figures being released simultaneously, the USD/CAD is the 'go to' currency for me today. I don't expect today's payroll numbers to provide the same level of...

DailyFX Technical Focus: 6/5/2014Below you may find the video Original post

Daily AUD/USD has traded in a tight range since the 4/11 high. The larger trend remains constructive as per the price above the 200 DMA but there is also overhead resistance from the line that...

I wrote in last update that “one possibility to keep in mind is a tight range before a thrust lower and reversal on Thursday. Exceeding 1.3668 would suggest that a low of sorts is already in...

USD/CAD was steady on Thursday, as the pair trades in the mid-1.09 range in the North American session. On the release front, the news was not positive. Canadian Building Permits and Ivey PMI were...

AUD/USD was firm on Thursday, as the pair trades above the 0.93 line in the North American session. The Australian dollar continues to ride on the strong GDP reading a day earlier. Taking a look...

The EUR/USD had a wild ride during the session on Thursday, as the European Central Bank went into negative territory as far as real rates are concerned. Initially, this pair got absolutely hammered,...

On April 24 the Power of the Pattern shared that the Euro looked like it was hitting a peak in prices and should turn weak in the near future. Why did it look like the Euro was peaking 5 weeks...

GBP/USD has edged higher on Thursday as the pair flirts with the 1.68 line in the North American session. On the release front, there were no surprises from the Bank of England, which made no changes...

EUR/USDEuro continues moving downwards. We think, today price may reach level of 1.3570 and then form another ascending structure towards level of 1.3650, thus indicating borders of its consolidation...

Talking Points USD/JPY sentiment getting interesting EUR/USD at key support NZD/USD reverses from important level Price & Time Analysis: EUR/USD Charts Created using Marketscope – Prepared...

EUR/USD has continued its recent plunge by dropping swiftly to its key support target at 1.3500, as mentioned in our previous analysis.This plunge is an extension of the major decline within the...

On April 24, the Power of the Pattern shared that the Euro looked like it was hitting a price peak and should turn weak in the near future. Why did it look like the single currency was about to...

EUR/USDAs can be expected, all eyes today were firmly upon the eagerly-awaited ECB press conference, with the pair trading in a relatively rangebound manner in the lead up to 1245BST. Upon the...