Forex Opinion & Analysis

Talking Points NZD/JPY Critical 180pip range in focus 89.50 key targeted resistance / bearish invalidation Event Risk on TapThisWeek NZD/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical...

CHF/JPY: Long Little changes compared to yesterday, except that the pair recovered and is trying to pick up the uptrend again. Position has been opened on May 6. The pair has a rank of 2, meaning it's...

Australia 200 for Thursday, May 14, 2015The Australia 200 index has been meeting resistance at the 5650 level to start this week; however, in the last day, it has been able to move through, and it...

AUD/USD for Thursday, May 14, 2015The Australian dollar has enjoyed a solid start to the week, which has culminated in a new three month high above 0.81 in the last 24 hours. The last couple of weeks...

Once the euro broke through support at 120—just like gold breaking through $1500—it's going to take years for this to recover. So don't fall for the delusion that the rally in the euro is...

Taking a look at the US dollar first up, it had another day to forget as it pushed down to a three month low. Weaker than expected retail sales figures were the main culprit for the dollar sell-off as...

Key Highlights · Euro surged higher against the US dollar to trade above 1.1350 and looks set to challenge 1.14. · US Initial Jobless Claims will be released by the US Department of...

GBP/USD decline to 1.5086 completed wave (X), and rally from this level is taking the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 1.5523 and wave ((x)) ended at 1.5351....

Watching the EUR/USD zoom higher is just a heartbreaker, because this was one of the great contrarian plays of the past several years. The EUR/USD was hated by one and all and parity seemed like a...

Wednesday's North American trading day kicked off with a bang thanks to some disappointing figures for the US economy. US Retail Sales once again failed to achieve consensus with a 0.0% read on...

There's a case to be made for buying weakness in the British pound, should it materialize in the wake of the Bank of England's May Quarterly Inflation Report. The BoE's QIR seemed a touch too dovish...

Despite expectations that today’s US Retail Sales Advance (Apr) M/M 0.0% vs. Exp. 0.2% would pick-up after four consecutive misses this year, the data disappointed and consequently sent the US...

While all attention on Greece has been focused on the prolonged negotiations with creditors, the economic data has taken a step backwards in 2015 and I am not surprised to hear that the Greek economy...

Global markets are looking slightly more upbeat and seem to be attempting a recovery from the previous day’s aggressive sell-off in bonds. This could change suddenly though, mainly because I see...