Forex Opinion & Analysis

Talking Points Strategy: Flat Bearish Reversal Signals Lacking On The Daily Hammer Awaiting Confirmation In Intraday Trade NZD/USD continues to demonstrate resilience and has left a decent...

Talking PointsStrategy: Short, Stop: 1.5770 (Close), Target: 1.5450 Hammer Formation Lacking Confirmation Bearish Patterns Lacking In Intraday Trade GBP/USD’s intraday recovery has left a Hammer...

Talking PointsStrategy: Long (1.1280), Target: 1.1460, Stop 1.1270 (Daily Close) Morning Star Formation Fails To Find Confirmation H4 Chart Shows Reluctance From The Bears In Intraday Trade USD/CAD is...

Talking PointsStrategy: Flat Breaks Above 1.2500 Handle Amid Absence of Reversal Formations Void of Bearish Signals On H4 Casts Doubt On An Intraday Correction EUR/USD has cleared the 1.2500 hurdle...

Talking PointsStrategy: Flat Dojis Suggest Bulls Are Losing Momentum Reversal Signals Absent In Intraday Trade AUD/USD has continued is cautious advance with an ensemble of Dojis denoting...

Talking Points: Japan’s GDP Unexpectedly Shrank -1.6% q/qin 3Q vs.-7.3% in 2Q The Yen Initially Fell But Swiftly Recovered and Rallied After the Data See Data Results Directly on Your...

Fundamental Forecast for Pound:Neutral - EUR/USD back above $1.2500 but EUR/CHF has started to probe the Sf1.2000 floor. - Futures speculators reduced Euro shorts for the first time since...

EURGBP Finds The ChannelThere is a nice steady downward sloping channel that has been in play on the EUR/GBP daily chart for over a year now. The price has used the middle of the channel as a point of...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/JPY• Timeframe: H4 (Hourly Chart)• Binary Option Trading Recommendation: Seek binary put options on rallies above...

Good morning. Hope everyone had a good week end. We seem to have had a moderate forecast for our previous posts with 5 out of the 7 pairs behaving as predicted. A good thing we took a mixed stance on...

The Japanese is trying to recover as poor GDP data knocks down Nikkei. Q3 GDP unexpectedly contracted -0.4% qoq versus expectation of 0.5% qoq growth. That means, Japan slide back into technical...

EUR/USDThe euro rose against the dollar on Friday, coming off earlier lows after data showed that U.S. inflation expectations fell in an otherwise upbeat report on consumer confidence. EUR/USD was up...

On Friday, the AUD strengthened 0.48% against the USD to close at 0.8754.LME Copper prices declined 0.90% or $60.5/MT to $6695.0/MT. Aluminium prices declined 2.15% or $44.5/MT to $2020.5/MT.In the...

On Friday, the USD declined 0.79% against the CAD to close at 1.1283.On the macro front, Canada’s manufacturing shipments climbed 2.1% on a monthly basis in September, compared to a revised drop...