Forex Opinion & Analysis

This week the scorecard recommends buying JPY, NOK and NZD, while selling SEK, EUR and CHF. Last week's signals resulted in a 0.4% loss. Especially the short AUD position was expensive. Year-to-date...

EUR/USDThe Dollar gained on Friday against the Euro as sliding Oil prices started disinflation fears in the Euro zone.Friday EURUSD in our platform closed at $1.24414, down 0.1%.Also on Friday...

EUR/USD - European Session The pair is still trading around 1.2450. Breaching 1.2500 and stabilizing above it favors extending the upside move targeting 1.2565 and 1.2620, while breaking 1.2490 and...

The last, very busy week of economic data this year is upon us. For all the turmoil and volatility that 2014 has seen, this week is likely to be the last that will have a meaningful effect as we move...

US NFP is expected to be around 225K and considering that the employment sector has stabilized lately, I expect that the figure will come in generally inline or slightly better than...

We´ll be getting the Canadian Employment Change release number today and since it is being release along with the US Nonfarm Payroll report, I’d recommend focusing more on the US data...

UK BOE Interest Rate Decision will probably be another non-event and with practically no inflationary pressure pushing BOE to hike interest rate soon, all analysts are unanimous that BOE will keep...

EURUSD The Euro remains under pressure, with overnight’s fresh weakness erasing 20-pips gap higher opening and retesting 1.2425, Fibonacci 61.8% retracement of 1.2360/1.2530 upleg. Near-term...

US ISM Non-Manufacturing PMI is a leading indicator and usually well in focus before the Nonfarm Payroll Report on Friday. However, with tons of news events scheduled this week, we should stay out of...

US ADP NFP Employment Change is an important release for the USD especially considering that Nonfarm Payroll is scheduled on Friday. With the year ending and liquidity thining, I expect to see plenty...

UK Services Purchasing Manager Index should determine the short-term trend of the GBP. With the UK economy showing signs of resilience, today’s release will surely affect the trend of...

The AUD GDP q/q is a quarterly release, thus it is more likely to surprise the market and in the event we get to our tradable deviation, we will follow the tradable plan set below…Here is the...

AU RBA Interest Rate Decision today is expected to remain unchanged by an overwhelming majority of analysts. If RBA decides to surprise the market, we should see plenty of market reaction and this...

US ISM Manufacturing PMI is usually big market movers as strong surprises tend to change the sentiment for the upcoming Nonfarm Payroll release on Friday. We’ll follow the trade plan below if we...