Forex Opinion & Analysis

The daily chart of the CAD/USD is one of those examples where the description of technical analysis being an art and not a science, neatly sums up the price action of the last three months with...

Our long sterling trade back in August last year ended prematurely, with only minimal gains as China spooked the market with yuan devaluation towards end of the month. Sterling reached as high as...

While this week has seen a recovery in the GBP against the USD in the forex markets, mostly due to a temporary USD currency weakness based on a recovery in oil and on conflicting expectations...

USD/JPYUSD/JPY has been stopped many times below 114.60 as seen on the provided daily chart, while 113.20 offered strong support, meeting SMA20. ADX is neutral, while RSI moves sideways just below...

The US dollar was trying to claw back some of the losses it registered on Friday, after weak wage growth and hours worked data pointed to little urgency for the Fed to hike rates in its meeting next...

While another outstanding period of Dollar weakness following the US Non-Farm Payroll report might dominate headlines, what investors really need to be paying attention towards is WTI Oil concluding...

February nonfarm payrolls released on Friday showed an increase of 242k above forecasts of 190k. The unemployment rate was steady but average hourly earnings fell -0.10% against forecasts of 0.20%....

The loonie tumbled more than 12% against the USD from the middle of October 2015 through the middle of January 2016 in a more or less one-way move. Import prices are rising on the back of the weaker...

This is the article "Forex Ranking and Rating list" for the coming week. The article Currency Score has also been published this weekend.When looking at the Top 10 in the Weekly Ranking and Rating...

Key Fundamental Forex Events for the Week of February 29th through March 4th The following table lists the key economic data and other events that came out during the week of February 29th through...

It has been a bad 4 years for the Canadian dollar versus the greenback. It is trying to make a recovery as of late as the price of oil is off the bottom, but if oil takes another leg lower, this could...

Weekly Large Trader COT Report: Currencies US dollar net speculator positions edged up last week to +$7.45 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...

“USD Non-Farm Employment Change (242K v 195K expected)”“USD Unemployment Rate (4.9% v 4.9% expected)” “USD Average Hourly Earnings m/m (-0.1% v 0.2% expected)” Even...

GBP/USD shot higher to our target and resistance at 1.4240/50. As predicted we topped exactly here. Shorts here today need stops above 1.4270. If we continue higher, look for the next target and...