Forex Opinion & Analysis

The dollar recoiled somewhat from multi-year highs against the euro and corrected against the yen, as some profit-taking set in. The yen was also maybe boosted by some profit-taking in risk assets, as...

EUR/USD – Closes Below 1.10 ‘Big Figure’ with Short Trade Profiting, 1.05 Up Next (4hr chart) As we talked about last week, we expected the EUR/USD to hit 1.0850 after taking out...

EUR/USDThe euro fell to fresh eleven-and-a-half year lows against the dollar on Friday after a strong U.S. jobs report underlined the diverging monetary policy stance between the Federal Reserve and...

On Friday, the AUD weakened 0.84% against the USD to close at 0.7717.LME Copper prices declined 0.50% or $29.5/MT to $5826.5/MT. Aluminium prices declined 0.17% or $3.0/MT to $1785.0/MT.In the Asian...

On Friday, the USD rose 1.01% against the USD/CAD to close at 1.2611, following upbeat economic data in the US.In economic news, building permits in Canada slid 12.9% MoM in January, higher than...

On Friday, the USD rose 1.17% against the CHF and closed at 0.9850, on the back of stronger than expected non-farm and jobless rate data in the US.On the macro front, the CPI in Switzerland...

On Friday, GBP declined 1.36% against the USD and closed at 1.5042, following BoE’s downbeat assessment of the nation’s inflation growth for the next 12 months.The BoE’s expectation...

On Friday, the EUR declined 1.58% against the USD and closed at 1.0855.In economic news, the euro-zone’s economy grew 0.3% QoQ in the final quarter of 2014, in line with market expectations and...

We´ll be getting the Canadian Employment Change release number today and since it is the only high impact tradable report scheduled today, we should see plenty of market reaction if we get our...

US Core Retail Sales is the main focus of the week and considering how good the last Nonfarm Payroll Report was, we should get some pretty impressive figures today…Here´s the...

AU Employment Change release today will definitely move the AUD if we get a strong surprise release. Of course, in order to take a trade, I’d recommend at least a 25K of deviation as anything...

RBNZ Interest Rates decision today is expected to keep the rates unchanged at the current level of 3.5%. In the event that RBNZ surprises the entire Forex market, we’ll follow the trade plan...

Talking Points: GBP/JPY Technical Strategy: Flat Support: 181.37, 180.25, 179.12 Resistance: 182.76, 183.62, 185.01 The British pound slumped to the lowest level in a month against the Japanese...

Talking Points: EUR/JPY Technical Strategy: Short at 135.25 Support: 129.17, 126.86, 124.54 Resistance:132.04, 133.81, 137.64 The euro turned lower against the Japanese yen as expected after...