Forex Opinion & Analysis

Where’s Draghi when you need him? It seems unless the head of the ECB is speaking, the Euro goes dull. After finding a small base just above 3500, the Euro bounced but ran into sellers in...

EUR/USDDespite seeing some upside during Asia-Pacific trade stemming from AUD inspired USD weakness, the pair started the session on the backfoot following the host of disappointing Eurozone PMIs...

USD/CADThe price moved within the daily and weekly downtrend channel: scales consistency has been observed. However, within 24 hours of the market functioning, there was the acceleration of the...

EUR/AUD Currently we are at 0.8028 in a wedge. We are looking for a continuation to the Day chart trend area at 1.7990 with a possible break of the wedge down to 1.7933. The average daily true range...

USD/JPYThe Japanese yen is firm on Monday, as the pair trades in the low-101 range. On the weekend, BOJ Governor Haruhiko Kuroda said that that the central bank's monetary stance had led to economic...

Forex News and Events: The week starts with limited risk appetite due to Iraqi situation. The low volatilities and higher energy prices sustain the bearish breakout in the USD/CAD this Monday. The...

Talking PointsUSD/JPY Technical Strategy: Sidelines Preferred Doji highlights indecision near 102.00 handle Range between 101.20 and 102.77 remains in play The USD/JPY continues to search for...

Talking PointsNZD/USD Technical Strategy: Sidelines Preferred Harami pattern finds little follow-through Intraday dip may be limited by nearby support The Kiwi is once again teasing at a...

Talking PointsEUR/USDTechnical Strategy: Sidelines Preferred Shooting Star suggests potential for a pullback Daily close below 1.3600 to open 1.3500 handle The EUR/USD has been quick to give back its...

It should be no surprise that it's a rather anticlimactic start to a new forex week. It was always going to be hard to follow last week, where the Fed's surprisingly dovish stance had the dollar...

The EUR/USD is stable on Monday, as the pair trades slightly below the 1.36 line in the European session. On the release front, the week started off on a sour note as Eurozone, German and French...

{{5|AUD/USD}} Technical Strategy: Sidelines PreferredHesitation is evident at 0.9440, near 2014 high, and a range between 0.9210 and 0.9440 remains in force. The AUD/USD traders remain hesitant...

This morning, traders got what they were hoping for—both Chinese and Japanese manufacturing PMIs reported well above expectations. The Purchasing Managers’ Index from HSBC printed at 50.8,...

Market Drivers June 23, 2014 CNY PMI - expands for first time in 6 months AUD lifted to near 9450 EZ Flash PMI miss with France weakest sending EUR below 3600 Nikkei .13%, Europe -.56% Oil...