Forex Opinion & Analysis

AUD/USD for Tuesday, May 6, 2014Over the last couple of weeks or so the Australian dollar has fallen back down below the 0.93 level and has settled trading within a very narrow range just below...

EUR/USDThe last week or so has seen the euro do little except trade within the current trading range between 1.38 and 1.39 as it continues to place pressure on the resistance at 1.39. The 1.38 level...

EUR/USD Open 1.3876 High 1.3886 Low 1.3863 Close 1.3874On Monday EUR/USD traded within 20 pip range. The European currency appreciated from 1.3863 to 1.3886 yesterday, matching the positive money flow...

It certainly looks like the market had a bit too much to imbibe on Friday… Yesterday’s ranges in the Europeans were mostly narrower than I had anticipated, though not by too much. Perhaps...

AUD: Breakout Expected this Week but Not On RBA NZD: Beware of Dairy Auction Results CAD: IVEY PMI and Trade Data Poses Risk to Loonie US Rates Keep Pressure on the Dollar New Highs in Sterling Hinges...

Taiwan reports April CPI Tuesday, expected to rise 1.5% y/y vs. 1.6% in March. It then reports April trade on Wednesday, with exports expected to rise 5.5% y/y and imports to rise 7.2% y/y. Export...

There were strong price fluctuations observed on Friday, but the US Dollar Index was almost unchanged by the results of the day. The U.S. economic data proved to be very positive and moderately...

Gold prices have moved higher on Monday. In the European session, the spot price is $1311.90, its highest level in three weeks. Gold has responded to increasing violence in Ukraine. In economic...

Euro rises slightly against the Dollar (EUR/USD) -- reported the analysts of Masterforex-V World Academy http://www.masterforex-v.com/. This week the investors expect publication of statistical data,...

One of the things that I try to do each week is come up with a consistent theme. In other words, I trying to find correlated markets are all telling me the same thing. In this particular week, I...

EUR/USD is flat on Monday, as the pair continues to trade in the mid-1.38 range in the European session. The dollar has not been able to take advantage of an excellent Nonfarm Payrolls release on...