Forex Opinion & Analysis

During periods of low volatility, the best way to find some good forex action is to find a currency pair where the opposing economies are going in different directions. For the majors, this type of...

The AUD/USD continued to grow, as we had expected. The trading range was 102 points. Low mark has gone down to a minimum - 0.9334, while the High level could be seen at the maximum - 0.9437. The...

AUD/USD For Tuesday, June 17, 2014After spending a couple of weeks at the end of May trading near and finding support at 0.9220, the Australian dollar has enjoyed a solid surge over the last...

EUR/USD Open 1.3572 High 1.3587 Low 1.3512 Close 1.3573On Monday euro/dollar increased by 65 pips. The European currency appreciated from 1.3512 to 1.3580 yesterday, matching the positive money flow...

Between the World Cup, the approaching summer, rising geopolitical risk, and a generally weaker tone for risky assets in global markets, the recovery in EM assets may be placed on hold near-term....

AUD/USD broke below the lower line of the price channel on the 4-hour chart, and is now facing 0.9349 support. A break below this level will indicate that the uptrend from 0.9229 had already completed...

Weekly Pivot Points: EUR/USD Here are the current weekly Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Prices are currently trading under the weekly...

GBP/USD is flirting with the key 1.70 line on Monday, as the pair pushed above this level for the first time since August 2009. On the release front, Rightmove HPI kicked off the week,...

Euro speculators most short since June 2013 AUD speculators most long since May 2013 MXN speculators most long since June 2013 View COT data in MT4 Latest CFTC Release dated June 10, 2014: Week...

Technical Strategy: Pending LongA Doji on the daily chart for the USD/CAD suggests a potential shift in sentiment for the pair and possible push back to the range-top at 1.0960. The close of...

USD/JPYThe Japanese yen has edged lower on Monday, as the pair trades in the high-101 range late in the European session. It's a quiet schedule on Monday, with no major releases. In...

Chart 1: The yen has been basing for a while now and could be ready to rally! Source: FinViz (edited by Short Side of Long) We’ve seen close to record high levels of short...

Currently we are at 1.4428 in a symmetrical triangle which is bearish. We are looking for a continuation to the support area at 1.4302 AFTER the break.  The average daily true range (ATR) for the...