Forex Opinion & Analysis

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 12066, 11980, 11868 Resistance:12177, 12356, 12502 The Dow Jones FXCM US Dollar Index corrected sharply...

Talking Points: USD/JPY Technical Strategy: Flat Support: 118.93, 118.20, 117.30 Resistance: 119.66, 120.68, 121.41 The US dollar fell against the Japanese yen as expected after prices put in a...

Talking Points: EUR/USD Technical Strategy: Flat Support: 1.0461, 1.0246, 0.9997 Resistance:1.0712, 1.0930, 1.1040 The euro put in a bullish Morning Star candlestick pattern, hinting a move...

EUR/USD Open 1.0648 High 1.0708 Low 1.0529 Close 1.0649 On Tuesday euro/dollar increased significantly with 190 pips on poor U.S. retail sales. The European currency appreciated from 1.0529 to 1.0708...

Possible positions for this week There are many good opportunities in the Top 10 of the Ranking and Rating list. The pairs discussed last weekend in the strategy article remains interesting. These are...

Australia 200 for Wednesday, April 15, 2015Throughout last week the Australian 200 index showed some signs and moved well towards the resistance at 6000 before easing away slightly, however it remains...

USD/CHF INTRADAY CHART BIAS: After a correction higher look for losses down to 0.9569-0.9607 before higher againResistance: 0.9753-58 0.9794 0.9815 0.9835-40Support: 0.9698-11 0.9672 0.9637...

After getting off to a rough start yesterday morning, North American equity markets gained back some of their mojo in the afternoon session as red figures turned green just before lunch and stayed...

Preferred Elliott wave view suggests EUR/AUD cycles remain bearish against 6th April high (1.4447). Decline from 1.4447 – 1.3753 was a double three Elliott wave structure i.e. (w)-(x)-(y) when...

Overall, I have maintained a bearish view of the Euro versus the USD on a macroeconomic basis, based on comparatively weak European growth and expectations of rate rises in the United States. However,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.How Far Will the Dollar Correct? EUR Bounces But Greece Still a Problem USD/CAD Retreats Ahead of Rate Decision AUD: All Eyes on...

“The market hates uncertainty” is a dull cliché for experienced traders, but that doesn’t mean it isn’t useful. Of course, “uncertainty” is an unavoidable...

There were plenty of market moving releases that helped to kick start North American trade this morning as US Retail Sales and Producer Price Index both ushered the USD lower by failing to live up to...