Forex Opinion & Analysis

GBP pairs are recovering smartly as it looks from where I sit, that the market uncertainty level on the Scottish referendum is fading fast after new polling results counter the previous polls showing...

Forex News and Events: The impressive Australian employment change didn’t convince traders fully as the disproportionate full/part-time jobs ratio left unanswered questions regarding the future...

Talking Points:Commodity Dollars Face Heavy Selling Pressure as Risk Appetite Unravels S&P 500 Futures Point Toward Continued Risk Aversion in the Cards Ahead The New Zealand dollar...

Talking PointsUSD/JPY Technical Strategy: Longs Preferred Daily Close Above 107.00 To Open Grind Towards 108.00 Correction Questionable Amid Void Of Reversal Candles USD/JPY has taken the next...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7941, 0.7889, 0.7864 Resistance: 0.8033, 0.8074, 0.8136 The euro recoiled from familiar resistance above the 0.83 against the British pound,...

Talking Points:USD/CAD Technical Strategy: Flat Support: 1.0934, 1.0874, 1.0825 Resistance:1.0998, 1.1043, 1.1098 The US dollar turned lower as expected against its Canadian counterpart after prices...

After the Reserve Bank of New Zealand left the official cash rate unchanged at 3.5% as expected. The dip came after RBNZ Governor Graeme Wheeler repeated that the exchange rate has yet to adjust...

Market Drivers for September 11 2014Australian employment shows massive upside surprise but market shrugs off dataUSD/JPY runs through the 107.00 barrierNikkei 0.75% Europe .01%Oil $91/bblGold...

The euro’s dive found a bottom at 1.2858 on Tuesday, from which the price bounced back above 1.29, reaching as high as 1.2961. This price behavior, when looked at on the hourly charts, is...

The pair was stuck between the support 1.2885 from the downside and Linear Regression Indicators from the upside. EUR/USD stabilized below the resistance 1.2960 forcing us to keep our negative...

USD/JPY Open 106.80 High 107.04 Low 106.02 Close 106.81On Wednesday USD/JPY increased with 85 pips. The currency couple appreciated from 106.02 to 106.89 yesterday, matching the positive money flow...

GBP/JPYDaily Pivots: (S1) 171.72; (P) 172.49; (R1) 173.98; Intraday bias in the GBP/JPY remain son the upside for 173.95 resistance. Break will confirm completion of the correction pattern from...

The USD/JPY pair is trading above its upward trend line on a 60 minute time frame. The price is also trading above its the 100 day (shown in red) and 50 day (shown in green) which clearly represents...

The euro’s weakness is quite stunning. There is no technical reason to close our shorts yet. We will do that in case EUR/USD goes to @ 1.3010. A technical rebound to 1.30 as well as some...