Forex Opinion & Analysis

The Aussie Dollar experienced a week of falls as the pair remained under the grips of a bearish trend line. However, the pain is not yet over as the Aussie challenges support and further bearishness...

The yen was extremely active towards the end of last week and at the open of this week as the shine begins to wear off the US dollar. Long positions in the USD/JPY pair are being wound up which caused...

Global MarketsGlobal markets are facing severe pressures and extending losses with sentiment being weighed down by a wide variety of different factors with this including China uncertainty, resumed...

The following are the key takeaways from this week's COT report as provided by Scotiabank. (Data in this report cover up to Tuesday Aug 18 and were released Friday Aug 21).The aggregate long USD...

This upcoming week will be interesting and highly anticipated for traders as we finally saw a heavy break to the downside in the US dollar along with stock indices falling sharply as global growth...

There I was on Friday morning, watching the completion of a 5-wave move in USD/JPY, EUR/USD and USD/CHF, all accompanied by hourly (dollar) bullish divergences and thought: “great, this should...

EUR/USD: With EUR seeing a strong rally the past week, we envisage more strength in the new. However, note that a consolidation with a pullback may occur. Support lies at the 1.1300 level, where a...

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...

HighlightsMarket Movers: Weekly Technical Outlook Can Europe save the market from China fears? What’s up with the dollar? Look Ahead: Stocks Look Ahead: Commodities Global Data Highlights Market...

The EUR/USD pair continues its up movement over optimistic data from Europe, and not so much from the USA.CPI report in the US came negative on Wednesday the 19th; the speculation in the market lay...

Looking at the upcoming week, I cannot help but think about the whiplash that could be coming. After all, the end of summer is typically when the largest traders are away at vacation. The lack of...

Did the misery for the Turkish lira (USD/TRY) just reach a climactic end? The U.S. dollar quickly soars against the Turkish Lira and just as quickly reverses its gains. The 2.88 level is key. The...

The USD/JPY pair slid below 123.00. The Japanese yen strengthened as a safe haven currency on worse-than-expected economic figures from China and other events that made investor risk sentiment get...

Improved UK inflation data and a declining dollar supported the British pound over the past week. GBP/USD reached 1.5-month highs above 1.5700 (prior strong resistance). The market is now forming a...