Forex Opinion & Analysis

The U.S. Dollar traded higher on Wednesday against the majority of its Forex peers as market traders waited for the Federal Reserve to issue the Minutes from the last policy meeting. The greenback...

Talking Points: Euro Gains on Pickup in PMI Readings Unlikely to Yield Follow-Through US Dollar Vulnerable if Soft CPI Print Undercuts Fed Rate Hike Outlook Yen Drops Alongside Japanese...

Cable has double based at 1.5590. This is a bullish sign and therefore one that we want to exploit, especially as the market has turned bullish on the stochastics and RSI too. There's a good chance...

EURGBP same levels apply for today with immediate resistance at 8030 then a selling opportunity at 8047/52. A high for the day is expected but our shorts need stops above 8070.Below 8000 targets...

AUD/JPY immediate support at 3 day lows of 101.35/25. Any longs here today need stops below 101.15. Be ready to go with a break lower today for a move towards good support at 100.80/75. A low for the...

A better rebound effort than anticipated Wednesday, but despite a nudge at retrace resistance at 1.5725, the better barrier at 1.5735 peak has capped.This leaves bearish pressures intact for a roll...

The yen continued its relentless slide, as dollar / yen took over 118 yen handle and euro / yen topped the 149 level; a respective 7-year and 6-year high. It appears that traders are dumping their yen...

EUR/USD - European Session The pair is still attempting to stabilize above 1.2560, while breaching 1.2585 and stabilizing above it favors extending the upside move targeting 1.2635 and 1.2680, but...

EUR/USD: Continued upward progress. The market last night, after FOMC, printed a high at 1.2602 before retreating back to the mid 1.25’s. Despite the topside failure the market continues to...

EUR/USD prices found a temporary support around $1.2550 ahead of multiple important economic indicators releases today, including French and German manufacturing PMI (Nov) and eurozone Manufacturing...

GBP/JPY Daily OutlookDaily Pivots: (S1) 183.31; (P) 184.19; (R1) 185.86; The break of 184.66 confirmed resumption of recent rally and GBP/JPY reaches as high as 186.11 so far. Intraday bias is back...

EUR/USDThe euro inched up against the dollar in steady trading as investors remains camped on the sidelines ahead of the release of the Fed minutes, which were expected to highlight the growing...

Looking at the Thursday session, we believe that there could be a lot of volatility but ultimately the trend should prevail. In other words, we think that the EUR/USD pair will continue to offer put...

EURUSD Daily Analysis: Fed minutes have been released and nothing too surprising was revealed – members did debate moving toward a normalized interest rate policy (i.e. above zero) but the...