Forex Opinion & Analysis

The USD struggled all week to string gains against majors on the back of mixed economic data. The U.S. trade balance showed a higher tan forecasted deficit (-47.1 billion) and a decrease of job...

Last week saw the USD/JPY collapse in price as the pair broke sharply through support at 110.66 following a broadly negative USD sentiment swing. The swing was largely due to the poor US Goods Orders...

Daily Forex Market Preview, 04/11/2016The markets were very mixed on Friday as oil prices surged, closing the day with over 5.0% gains. However, the equity markets failed to keep up with the gains as...

Well, that was strange… No NFP and several messages saying that it occurred on April 1st during my Spring Break. Seriously, I never look at fundamentals, but allow for the NFP reluctantly as a...

GBP/USD Open 1.4125 High 1.4145 Low 1.4042 Close 1.4120On Friday pound/pollar increased with almost 100 pips. The cable appreciated from 1.4042 to 1.4138 on Friday, in line with the positive money...

According to the latest data, the Eurozone is still in deflation though the decline in the Consumer Price Index for March on a year-on-year basis is less than February. Negative yields now has...

This month's pay your mortgage trade setup is found in the AUD/USD pair. When looking at this pair on a 240 min chart you'll notice a head and shoulders pattern being printed. The “trend is your...

EUR/USD: Although EUR/USD closed flat the past week, it looks to strengthen further in the new week. This is consistent with its short term upside bias. Support lies at the 1.1300 level. Further down,...

Welcome to my "Ranking, Rating and Score" article for the coming week. The article "Strength and Comparison" has also been published.When looking at the Top 10 in the Weekly Ranking and Rating list,...

US dollar net speculator positions fell last week to +$2.15 billion The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on...

We look at the kiwi/USD Currency Cross in this video. We delve into the history of the New Zealand currency, with a look at the technical support and resistance levels throughout the last 20 years.

EUR/USD initially fell to 1.1326 last week, but then managed to return stronger and climb to 1.1453. There has been plenty of news during the last five trading days. From U.S. trade balance, through...

A dollar panic next week is a possibility.The intermediate and daily dollar cycle are both getting very long in the tooth. I expect both will bottom next week. Remember a couple months ago when...

Speculators in the futures market were not particularly active in Commitment of Traders reporting week ending April 5. There was only one gross position adjustment which we regard as significant...