Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9916. The Swiss Franc gained ground, after Switzerland’s KOF leading indicator advanced above expectations...

For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 110.94. In the Asian session, at GMT0300, the pair is trading at 111.06, with the USD trading 0.11% higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.4626. In the Asian session, at GMT0300, the pair is trading at 1.4689, with the GBP trading 0.43% higher from...

For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1139, after Germany’s flash consumer price index rebounded 0.3% MoM in May and matched market expectations,...

The yen extended its slide on Tuesday, falling against most of its major counterparts, as it continued to be weighed by rumours of a delay in the planned sales tax hike. Reports from Friday that...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of May 30th – June 3rd, with...

This week the scorecard recommends buying NZD, USD and AUD while selling GBP and CAD. Note that the scorecard only has a negative weight on two currencies this week.Last week's signals resulted in a...

CAD/JPYShort 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, and...

Recent trading has been terribly complicated – at least in terms of the structures. Bashing the keys trying to resolve these Sudoku-like problems can be terribly frustrating… I’ve...

An overwhelmingly bearish EURUSD could have many traders tempted to jump on the bandwagon in an attempt to squeeze a few extra pips out of the pair. However, despite what the EMAs might be telling us,...

EUR/GBP holding below 7610/06 targets 7580/75. If we continue lower look for a retest of last week's low at 7564/60 but this is not an important support. Be ready to sell a break below here therefore...

Investor sentiment remains positive on the US dollar, with prices extending the bounce from the 91.91 low of 3 May to reach 95.78. There is risk in the coming days of a corrective pullback, as...

EUR/USD climbed as high as 1.1616 in the beginning of the month, but the bulls could not keep up the positive momentum, allowing the bears to take the rate down to as low as 1.1098 so far. The price...

Key Highlights · Aussie dollar recently traded higher vs the Japanese yen, but the real question is whether it can continue to gain bids. · There was a bearish trend line formed on the...