Forex Opinion & Analysis

AUD/USDThe Australian dollar did well to finish out last week in moving through the resistance level at 0.93 and maintaining the break.  Prior to the break through, over the last couple of weeks...

From a bearish Key Reversal Day to a Key Reversal Week…in EUR/USD and USD/CHF at least. Could that sequence extend to a Key Reversal Month? Well, that’s not possible in USD/CHF (unless it...

The GBP/USD is facing the support of the lower line of the price channel on 4-hour chart. A clear break below the channel support will confirm that the uptrend from 1.6465 (Mar 24 low) had completed...

Recently we updated an analysis on Gold that focused on it as an investment in several different ways: fundamental, technical and momentum. The allure of gold as an investment is as strong as the...

The one consistent thing I am seeing is Euro weakness. However, there is a significant amount of support just under where the currency closed against many of the world’s major currencies....

It’s natural for trader’s to look for an edge in FX. One key way for an edge to develop is to identify turning tides of the fundamentals and confirming price action of such anticipated...

This Great Graphic, composed on Bloomberg yesterday, shows that the euro is now testing a ten-month up-trend that comes in near $1.3780 today.  We suggested this target Friday when we realized...

Heightened speculation that the ECB will move next month, coupled with frustration with the euro offers in front of $1.40 level held, triggered a reversal of the dollar at the end of last week against...

Next Week’s Top-5 FX Events To Watch EUR: At Least Another Cent of Losses Make or Break Week for Sterling CAD Employment a Trend Changer for USD/CAD AUD: RBA Lowers Inflation Forecast, Upgrades...

He huffed and he puffed and he blew the euro down. Puff the Magic Draghi delivered another breath of fire from the ECB bully pulpit Thursday, raising the stakes with more word play that the ECB...

The British pound continues to lose ground on Friday, as GBP/USD has dropped below the 1.69 line in the European session. After climbing over 100 points early in the week, the pound has reversed...

AUD/USDCurrently we are at 0.9371.We are looking for a continuation to the R4 area/1.270 Fibo at 0.9436 AFTER the break of the bull flag. The average daily true range (ATR) for the pair currently is...

Last week the Australian Dollar was under pressure due to the negative data on inflation in Australia. As it became known, the consumer price index in Australia fell to 0.6% in quarterly terms from...