Forex Opinion & Analysis

Finally.The market finally realised that the dollar should not be going down… That it managed as much as it did, rather like a stretched elastic, was quite a testament to the Fed’s...

With the EUR/JPY cross selling off on Friday to close the week lower, we envisage a follow-through lower in the days ahead. Support comes in at the 135.00 level where a break will aim at the 134.50...

GBP/JPY: The cross closed almost flat the past week (see weekly chart) after failing to follow through higher on the back of its previous week gains.Additionally, it printed a rejection candle on...

EUR/USD trading plan. We are still pretty much in a consolidation range/bullish triangle between 1,145 and 1,08. Follow price action between 1,125 and 1,11, for numerous supports are located there....

In “EUR/USD, Well Done. Now What?”, published on August 24th, we suggested “the euro might climb to 1.16, before the bears return.” As it turned out, EUR/USD not only reached,...

Earlier today, the Swiss National Bank kept interest rates at record lows (-0.75%) and the target range for the three-month Libor unchanged at between -1.25% and -0.25%. In these circumstances USD/CHF...

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week.When looking at the Top...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the...

HighlightsMarket Movers: Weekly Technical Outlook USD/JPY flounders under a dovish Fed Look Ahead: Stocks Look Ahead: Commodities Global Data Highlights Market Movers: Weekly Technical...

Weekly Large Trader COT Report: Currencies US Dollar net speculator positions fell last week to +$20.97 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...

At first I zoom out H4 timeframe. Here I see that AUD/USD is moving in stable downward trend. Then I draw down trendline with several touches. Price has noticed this trendline several times. It means...

The USD/CHF broke down below of its resistance area, marked in light grey in the above H4 chart, following a strong rally. The Bollinger Band® indicator has started to move lower after recording...

EUR/USDWe are currently sitting at 1.1283. Structure shows we are in a fifth wave. We are looking for a continuation to the 1.1500 area and then to the 1.1711. The average daily true range (ATR) for...

With USD/CHF reversing almost all of its past week losses to close marginally lower on Friday, risk of a further move higher is likely. On the upside, resistance lies at the 0.9762 level with a breach...