Forex Opinion & Analysis

After three losing sessions, EUR/USD has steadied on Friday. Currently, the pair is trading at 1.1225, up 0.01% on the day. On the release front, it’s a busy day on both sides of the pond. In...

The USD continued to maintain the gains amid a host of factors. The revised GDP for the fourth quarter saw the U.S. economy rising 2.2% compared to the initial estimates of 2.6%. This was in line with...

Volatility can be both a good and a bad thing, but when the volatility indicator is triggered you can be sure of one thing – expect the price to congest within the spread of the candle, and...

Wall Street gains on trade talk hopesWall Street shrugged off a deeper-than-expected correction to Q4 GDP growth to close near the day’s highs amid hopes for progress in the U.S.-China trade...

The British pound fell 1.05 percent on Thursday ahead of Friday’s vote on the Brexit agreement. The third time is not likely to be the charm for British PM Theresa May who has each time picked...

The Canadian dollar lost 0.25 percent on Thursday as the U.S. dollar rose on safe haven flows boosting the greenback. Commodities offered no support for the loonie with gold and oil under pressure...

The US Dollar has been the absolute dominator, attracting the most buying flows in the currency market in the last 24h. Amid the absence of fundamental drivers this week, to understand what's been the...

The U.S. dollar is on the move and many currency pairs are feeling the heat. Keeping a watchful eye on the hints dropped along the way is a surefire way to gain. The pairs of our interest have been...

USD/JPY is grinding lower for a second day on Thursday, with the price has slipped to the 110.00 area amid the prevailing risk aversion. Traders continue to closely monitor developments in the bond...

USD/JPY recovery threat eyes the 111.15/29 resistance zone. On the upside, resistance comes in at 111.00 level. Above this level will turn attention to the 111.50 level. Further out, we expect a...

Investors are currently trapped in a vicious cycle: they keep rotating out of the risk of stocks, into the safety of bonds, then into the safe-haven yen. In the meantime, traditional havens gold and...

The EUR/USD daily Forex chart sold off again overnight. It is now in its seventh day of a bear micro channel after a 10-day bull micro channel. The volatility is increasing, and this increases the...

China's reduction in Canadian canola seed imports continues as trade tensions increase. A second Canadian company has had its license to sell canola to China revoked. This is not good news for our...

The rally in crude oil prices this week was capped as the latest industry report highlighted a build in crude oil stockpiles. The Energy Information Administration report for the week ending March 22...