Forex Opinion & Analysis

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0883. In economic news, the French EU normalized consumer price index rebounded above expectations...

USD/JPYThe same price behaviors are still witnessed since the USD/JPY has slammed through 117.65, but it started to inch higher again during the Asian session. However, trading remains trapped below...

GBP/JPY Daily OutlookDaily Pivots: (S1) 168.91; (P) 170.10; (R1) 170.70; Intraday bias in GBP/JPY remains on the downside for next long term fibonacci level at 165.67. On the upside, above 173.35...

USD/JPY Head and Shoulders Breakout vs Triangle Right Shoulder USD/JPY is back at its head and shoulders neckline. In theory it could actually put in a simple breakout, or put in a triangle right...

Australian Employment Data: Why it Can’t be Trusted & Why it Doesn’t Matter: Here we are again on the morning of one of the most highly anticipated data releases on the Australian...

Pound Lower as UK Interest Rate Expected To Remain UnchangedThe solid pace of growth of the U.K. economy seen in 2014 was nowhere to be seen on 2015 although a lot of factors came externally it did...

Even though the market has gone sour for economy development, American inflation rate continues to rise, revealed by Stephen Stanley, chief economist from Amherst Pierpont Securities. As domestic...

AUD/USD fell very aggressively last week and it also took out the lower parallel trendline that caused a sell-off trough 0.7000 recently. That been said, we suspect that big red wave 4) is finished at...

USD/CAD has been on a roll -- so much so that the pair is now at 13 year highs, as it has rallied approximately 1,000 pips in the past month and a half. The monthly chart below of USD/CAD...

AUD/USD INTRADAY CHART BIAS: I suspect we'll see a pullback higher from the 0.6900-20 area MAIN ANALYSIS: We did see further gains but only to 0.7048. From there we have seen healthy losses but which...

During the last couple of sessions, we have seen the New Zealand dollar bounce a bit from the 0.65 level, as it continues to offer significance in this market. The pair is typically thought of as a...

Sterling fell 4.25% from the high on December 28 to Tuesday. It was confined to Tuesday's range yesterday. After finishing below the lower Bollinger® Band yesterday, it was moved back into the...

Crude Oil: Having continued to maintain its bearishness, Crude Oil broader bias remains lower. On the downside, support resides at the 30.00 level where a break will expose the 29.00 level. A cut...

Wednesday’s price action followed the script laid out in the first part of the week: China’s stock market traded lower overnight as the PBoC left the CNY’s fix essentially...