Forex Opinion & Analysis

EUR/USDThe pair traded steadily upwards through the session, with initial strength garnered from ECB's Weidmann comments, who downplayed the ability of the central bank to target weaker EUR. The light...

USD/CADThe Canadian dollar is showing little movement on Monday, as USD/CAD trades in the mid-1.08 range in the North American session. On Friday, there was mixed news out of the US, as Building...

We think the EM selloff last week was corrective in nature, not a reversal. With some exceptions, of course, EM as an asset class remains in a sweet spot: cheaper valuations, many countries reaching...

AUD/USD is marked by lack of movement, continuing the pattern we saw much of last week. Early in the North American session, the pair is trading in the mid-0.93 range. It's a very...

The Japanese yen has improved at the start of the new trading week, as USD/JPY trades slightly above the 101 line in the European session. This is the yen's highest level...

Forex News and Events: The week opens with little risk appetite. The decline in iron ore futures revived concerns on Chinese recovery, USD/CNY advanced to 6.2430 in Hong Kong, AUD/USD traded with...

The USD/JPY is trading in a support zone on a 60 minute time frame. The price is trading below the 50 day (shown in green) and 100 day (shown in yellow) moving average, which means that the bears are...

The EUR/USD is rangebound on Monday, continuing the lack of activity which marked the pair much of last week. The pair continues to trade in the low-1.37 range in the European...

The pound continues to grow. The situation has not been affected even by the output of very good indicators of the GDP on sterling. The indicators were higher than those that were previously but below...

EUR/USDCurrent level - 1.3711 The rebound above 1.3645 low signals a reversal of the whole slide from 1.3993 high and the bias here is positive, for a break through 1.3730 resistance, en route to...

Market BriefG10 majors did little in Asia. USD/JPY and JPY crosses traded with negative bias as 19.1% expansion in March machine orders (vs. -8.8% a month ago) further washed out hopes on additional...

US Dollar Technical Strategy: Holding Long  Support: 10375 (double bottom) Resistance: 10455 (channel top), 10495 (support-turned-resistance) The Dow Jones FXCM US Dollar Index may be...