Forex Opinion & Analysis

Talking Points:USD/JPY Technical Strategy: Flat Support: 107.76, 106.80, 106.04 Resistance: 108.35, 109.31, 110.09 The US dollar index posted its largest daily advance in eight months against the...

Talking Points:US Dollar Technical Strategy: Holding Long Support: 10905, 10827, 10756 Resistance:10953, 11031, 11095 The Dow Jones FXCM US Dollar Index turned sharply higher anew, putting the...

Talking Points:EUR/USD Technical Strategy: Short at1.3644 Support: 1.2858, 1.2796, 1.2673 Resistance:1.2994, 1.3081, 1.3159 The euro turned sharply lower against the US dollar once again in the...

Talking Points:GBP/JPY trend line shows potential trade at 177.15 NZD/USD trend line shows potential trade at 0.7915 USD/JPY trend line shows potential trade at 107.50 Trend lines are a staple for...

Talking Points:GBP/JPY Technical Strategy: Flat Support: 175.07, 173.72, 172.97 Resistance: 176.43, 178.11, 180.82 The British pound moved aggressively higher, advancing to a six-year high against the...

- British pound recovers from most oversold since financial crisis ahead of Scotland vote - FX traders nonetheless remain positioned for the worst – how bad can it get? - We update probabilities...

AUD/USD for Thursday, September 18, 2014The Australian dollar has seen its sharpest fall in over 12 months as it fallen down to a six month low below 0.8950 even though it temporarily found some...

Rate hike dependent on data not the calendar Normalization process has begun Short term rate and funds rate is part of normalization What seems to be a trend after Bank of Canada governor Stephen...

EUR/USD Open 1.2836 High 1.2982 Low 1.2833 Close 1.2853On Wednesday EUR/USD decreased with 150 pips. The European currency depreciated from 1.2982 to 1.2833 yesterday, not matching the negative money...

So… Janet did some Yellin’ and thunder roared upon the common people of the market.I only found out that there was an FOMC meeting when I woke in the middle of the night and took a look...

Fed days always put my stomach in a knot. I definitely don’t “load up” before these events, but I was still fully in position on the short side. As you can see from the spinning top...

Will Bitcoin extend its losses before bouncing upward?In the last 24 hours, the Bitcoin’s price has declined just under 0.7%, falling to $458 from the $470 level. The price action has recently...

BoC governor says he believes in markets but do markets believe in him? Considerable time spent on "considerable time" Loonie range may have shifted higher The Bank of Canada governor, Stephen Poloz,...

GBP/USD GBP/USD started the session on the front-foot after the Survation, ICM and Opinium Scottish referendum polls all showed 48% ‘Yes’, and 52% ‘No’ among the decided...