Forex Opinion & Analysis

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 which is then followed...

US Dollar net speculator positions fell last week to +$32.25 billion The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on...

The Dollar and Pound are on the cusp of decisive trend developments, but their fundamental drive is not certain. Euro volatility, however, looks inevitable.The US Dollar (Dow Jones FXCM Dollar Index)...

The drop into a final intermediate cycle low has probably been delayed, and the dollar will have one more daily cycle before the final ICL forms at 92 or lower:

Three developments drove the dollar last week. The eurozone bond market sell-off exhausted itself with the help of softer than expected German industrial orders and an outright decline in industrial...

They say a week is a long time in politics, but given the events of the past 24 hours perhaps we can now say this could equally apply to a day. Until 9.59pm last night UK time, all the polls had been...

On shorter time-frames such as 4-hour and daily charts price-action is too chaotic to analyse. In such circumstances I tend to zoom out and look at the longer-term charts. The weeklies shows a strong...

That may be the headline in the London Financial papers. The early exit polls as I was writing this suggested a Tory win. Meaning the current prime minister, Cameron, would retain his government. I...

The dollar advanced on Thursday against most major currencies, recovering most of the drop posted on Wednesday, after initial unemployment claims in the U.S were announced lower than expected for last...

Main scenario:The pair is trading along an sideways trend.An uptrend will start as soon, as the pair rises above resistance level 1189, which will be followed by moving up to resistance level...

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue in case the market rises above resistance level 1.5530, which will be followed by reaching resistance level...

Main scenario:The pair is trading along an sideways trend before US NFP news, with possible correction after them to 1.1350 and next rebond to 1.1225.The uptrend may be expected to continue in case...

EUR/USDCurrent level - 1.1238 The intraday bias is bearish after yesterday's reversal below 1.1400 and key resistance is projected at 1.1290. A break through the later is needed to signal a positive...

This trading week the Yen has grown steadily against the USD. However, yesterday’s positive US statistics helped the USD win back lost positions almost in full measure.Today, investors are...