Forex Opinion & Analysis

Talking PointsUS DOLLAR Threatens Bearish Setup; Yellen Testimony in Focus GBP/USD Benefits From U.K. CPI; Higher-Low in Place? NZD/USD to Eye Fresh Record Highs on Strong 2Q CPI, China...

Talking Points USD/JPY rebounds from key retracement level USD/CAD tests important upside pivot Critical week for AUD/NZD Foreign Exchange Price & Time at a Glance: Charts Created using...

Important Data For Wednesday AUD: Chinese GDP & Industrial Production (02:00 GMT) GBP: Claimant Count Change, Unemployment Rate (08:30 GMT) CAD: Manufacturing Sales (12:30 GMT), BOC Meeting (14:00...

EUR/USD Despite after-market comments from Draghi yesterday saying the ECB is intensifying preparations for an ABS program and the council is unanimous in using unconventional measures as QE is within...

AUD/USD has edged lower on Tuesday, as the pair trades in the high-0.93 range late in the European session. On the release front, the RBA minutes took a swipe at the high...

The USD/JPY is stable on Tuesday, as the pair trades in the mid-101 range late in the European session. On the release front, the Bank of Japan announced at its policy meeting that it would...

GBP/CHF: Currently we are at 1.5304. We are looking for a continuation to the r3 area of the 5th wave at 1.5359 AFTER the break of the 1.5300 psychological number.  The average daily true range...

EUR/USDCurrent level - 1.3620 The outlook here remains bearish, for a break through 1.3588, en route to 1.3502. Intraday resistance lies at 1.3650. USD/JPYCurrent level - 101.61 The intraday bias is...

For some time now the euro has been sliding lower on the charts against most currencies, from the yen to the US dollar, its climbing abilities have certainly slowed. Many traders have taken notice and...

Asian markets are trading on a mixed note today ahead of the Bank of Japan (BOJ) monetary policy meeting today. The US Dollar Index traded on a flat note and declined marginally yesterday on the back...

Bitcoin continues trade in a narrow range, 20-25 points, and while this may be upsetting for some, this price action is surely beneficial for the range traders who have been buying and selling near...

Market CommentaryThe Dollar Index (DX) is still trading sideways between 81.40 and 79.20 in the medium term with intermediate support observed at 80.30; Dollar weakness may extend only on weekly close...

The forex market has seen some movement. Any decent change in currency prices provides investors opportunity, something that has been in short supply over the past month. This week a plethora of...

EUR/USD has reversed directions and has posted slight losses on Tuesday. In the European session, the pair is trading just below the 1.36 line. On the release front, German and Eurozone ZEW...