Forex Opinion & Analysis

Talking PointsStrategy: Long, Target: 117.90, Stop: 115.90 (Daily Close) Bearish Engulfing Pattern Taking Shape On The Daily Four Hour Chart Flashed An Early Weakness Warning USD/JPY is in the process...

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 Points: US Dollar Falls as Treasury Bond Yields Sink After Japan Enters Recession Yen Spikes Down as Tax Hike Chances Fade, Rebounds on Political Turmoil Euro Looking to ECB Bond Purchase...

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 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 Australian Dollar: Bearish AUD/USD Demonstrates Surprising Resilience On Positive Risk Sentiment Scope For Gains Questionable As Elevated Volatility Caps Carry...

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...

GBPUSD – Bearish Below 1.5800 ST (4hr chart) Getting hammered last week, the Cable dropped a few cents last week before finding some small buying interest off 1.5600. Below 1.5800, I’m...

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...