Forex Opinion & Analysis

Steven Knight
Challenges Ahead For The USD: A Q4 Forecast
By Steven Knight - Oct 07, 2015

The US economy fared relatively well throughout the quarter with some signs of strengthening evident within the economy. US GDP growth remains moderate growing by an annualised rate of 3.9% q/q in Q2,...

Forex Watchers
EUR/USD To Proceed Long Above 1.12400 And 1.1271
By Forex Watchers - Oct 07, 2015

Good morning. Hope all is well! We were a bit off on our forecast for yesterday with only a 43% accuracy. We did end up taking a mixed stance for yesterday. Looks like both the yen and the greenback ...

Christopher Lewis
EUR/CAD To Break Down?
By Christopher Lewis - Oct 07, 2015

The EUR/CAD pair broke down below a pretty significant area during the session on Monday. This was an area that featured a significant uptrend line, although it had been pierced on a gap lower in late...

Dane Williams
RBA Unmoved And U.S. Trade Balance Blows
By Dane Williams - Oct 07, 2015

RBA Unmoved: Yesterday’s Reserve Bank meeting, while largely uneventful in terms of systematic changes in policy or direction, did have quite the effect on price with the Aussie Dollar putting ...

Leonardo Barata
EUR/NZD M30: Background Is Weak
By Leonardo Barata - Oct 07, 2015

Background is weak – it is ok for short trades. There is no weak signal before the entry – it is a mistake to enter the market if you do not have confirmation from strong/weak signals. ...

Tim Knight
Earnings Still Matter
By Tim Knight - Oct 07, 2015

Many years ago, if you asked someone what drove stock prices, they would give you a simple, honest answer: earnings. If a company had strong earnings, and those earnings were projected to grow, then ...

Elliott Wave Forecast
GBP/CAD Short-Term Elliott Wave Analysis: October 7, 2015
By Elliott Wave Forecast - Oct 06, 2015

GBP/CAD Best reading of the cycle suggests that rally to 2.057 ended wave X. From this level, the pair resumed the decline in wave ((w)) as a double three structure wxy, where wave w ended at 2.0168, ...

Growth Aces
By Growth Aces - Oct 06, 2015

EUR/USD And AUD/JPY Long MAJOR PAIRS: MAJOR CROSSES: How to read these tables? 1. If Position/Trading Idea is "LONG/SHORT" it means we have already taken this position at the Entry Price and expect...

Matthew Weller
AUD/USD Above .7100 On Optimistic RBA
By Matthew Weller - Oct 06, 2015

In what was otherwise a very quiet overnight session, the audusd edged higher as the Reserve Bank of Australia (RBA) maintained a neutral bias in its monetary policy meeting. As widely expected, the ...

Talking Forex
Energy And Metals Benefit From Weaker USD
By Talking Forex - Oct 06, 2015

Commodity currencies take focus as energy and metals benefit from the weaker USD FX markets have seen price action focus in commodity currencies amid relatively light newsflow, with the day kicking ...