Forex Opinion & Analysis

On Friday, GBP marginally declined 0.45% against the USD and closed at 1.4646.In economic news, industrial production in the UK registered a rise of 0.10% on a monthly basis, lower than market...

On Friday, the EUR declined 0.57% against the USD and closed at 1.0603.In the US, the import price index eased 0.30% on a monthly basis in March, lower than market expectations for a drop of 0.40%. In...

Talking Points:USD/JPY Technical Strategy: Flat Support: 119.66, 118.93, 118.20 Resistance: 120.68, 121.41, 122.13 The US Dollar may pull back against the Japanese Yen after prices put in a bearish...

Talking Points: US Dollar Technical Strategy: Holding Long Support: 12076, 12052, 12028 Resistance:12105, 12153, 12201 The Dow Jones FXCM US Dollar Index moved upward as expected after completing a...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.0456, 1.0386, 1.0229 Resistance:1.0640, 1.0868, 1.1040 The Euro continues to push lower against the US Dollar, with prices on pace to retest...

Over the past year the Euro has been a favourite short in our FX portfolio. I’ve discussed the fundamental reasoning in many articles on numerous occasions, whilst Alex made the bold prediction...

AUD/USD for Monday, April 13, 2015Over the best part of the last couple of weeks, the Australian dollar has relied heavily on support at the 0.76 level after falling away sharply to down below the key...

The next week in the forex market will feature two of the major central banks rate announcements: the European Central Bank and the Bank of Canada. No changes in rates or stimulus programs are...

Key Events This Week: April 13th – 17th GBP: CPI Tuesday USD: Retail Sales Tuesday, CPI, Univ of Michigan Friday AUD: Unemployment Rate Thursday EUR: ECB Rate Decision Wednesday CAD: BoC Rate...

The key takeaway from recent FX market developments is that the divergence theme that has lifted the US dollar remains very much in play, even after the dovish spin given to the March FOMC meeting and...

After losing more than 800 pips to start the year, EUR/GBP found relief on March 11th as the pair rallied 370 pips before finding resistance at .7290 in late March. A second attempt at the level...

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...

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...

Market Movers: Weekly Technical OutlookTechnical Developments to Watch:EUR/USD edging down toward key support near 1.0500 GBP/USD at a fresh 4-year low, key support at 1.4575 USD/JPY still...