Forex Opinion & Analysis

The countdown to the UK referendum on EU membership is now well and truly on!A Brexit really has been the true sleeping giant of risk in the forex trading world, with cable seeming happy to range...

During the past twelve months, investors have built a towering wall of worry around themselves as they brood about everything from a global economic slowdown to collapsing oil prices. Now we have a...

Chris takes a look at the upcoming June 1 trading session in the NZD/JPY pair. With this, it looks as if we are trying to make a significant move higher, but at this point in time we did failed during...

I had some good calls and some not-so-good calls yesterday. I like the good calls but the headaches come with a couple of pairs that have taken alternative psychedelic structures that are going to be...

Many market participants began talking as if it were nearly a done deal that the UK will vote to stay in the EU. It is as if Winston Churchill's witticism, that Americans can be counted on to do the...

CAD/JPY Short term Elliottwave structure suggests that dip to 82.88 on 5/24 ended wave X. Rally from there is unfolding as a double three where wave ((w)) ended at 85.17, wave ((x)) ended at 83.88,...

An Alert for the Global Posse of Liquidity JunkiesIn the summer of 2015 and again in December-February this year, global stock markets were rattled by weakness in the yuan’s exchange rate vs....

A lively return by UK and US markets, with AUD/USD gains leading the way from late Asia after some strong export results out of Asia. After some consistent pressure on sub .7200 levels, we are now...

NZD/USD has posted gains on Tuesday, as the pair trades at 0.6740 early in the North American session. On the release front, New Zealand ANZ Business Confidence improved to 11.3 points, marking a...

This coming Friday we will get the monthly release of the Non Farm Payrolls, which will give us a pretty clear outlook of the Federal Reserve’s future actions, in regarding to further Interest...

At the beginning of the week, the USD/JPY pair was growing amid a decline in Japanese retail sales and expectations of an increase in US interest rates in the coming months. Macroeconomic data,...

Currently we are 1.5377 after hitting our first target on the break. We are looking for continuation to the 0.786 Fibo at 1.5302-5295 area. The average daily true range (ATR) for the pair currently is...

After a Spike and Bull Channel, the EUR/USD daily Forex chart has fallen in a series of 5 sell climaxes to the bottom of the channel, and 7 ticks below the Measured Move target. Whenever there is a...

After suffering nine days of consecutive losses and falling to a three-month low, marginally below $1200 during trading on Monday, Gold is now attempting to consolidate and stabilize around $1200. The...