Forex Opinion & Analysis

Talking Points GBP/USD breaks through trendline from October 2013, February 2014 lows. Low volatility portends to ranges; will respect recent pivot near 1.6730. Forex economic calendar littered with...

US Durable Goods mostly durable submarines Economic data could offset month-end flows Canadian dollar caught in crossfire The middle of the week resembles the middle of the dog days of summer; FX...

During the course of the past two months, I have been regularly discussing the market consolidation that began in early February. In that weekly analysis, I posted the following chart, which showed...

The AUD/USD continues to show little movement so far this week, as the pair trades in the mid-0.92 range late in Tuesday’s European session. On the release front, US Core Durable Goods...

Talking PointsEUR/USD falls to lowest level in over 3-months Gold breaks key support level Cyclical analysis points to a reversal in the days ahead Foreign Exchange Price & Time at a GlancePrice...

The Canadian dollar continues to have an uneventful week, as the USD/CAD trades in the mid-1.08 range early in the North American session. There was good news out of the US on Tuesday, as...

EUR/USDThe USD strength stemming from EM currency weakness provided the bulk of today’s price action for the pair as the USD index climbed above its 200DMA. EM currency weakness was observed in...

The GBP/USD is under selling pressure on a 60 minute time frame. The price is still away from a meaningful support zone however, we are only a few pips away from a minor support zone which is...

EUR/USD edged lower on Wednesday as the pair trades in the low 1.36-range in the European session. On the release front, French Consumer Spending and German Unemployment Change both weakened in...

The Japanese yen continues to have a quiet week, as USD/JPY trades just shy of the 102 line late in Wednesday’s European session. On the release front, Bank of Japan Governor Haruhiko...

EUR/USDThe euro is moving inside descending structure. Today the price may reach level of 1.3585 and then grow up towards level of 1.3650 to test it from below. Later, in our opinion, instrument may...

AUD/JPYCurrently we are at 94.03. We are looking for a continuation to the 93.04 area after the break of the bear flag. The average daily true range (ATR) for the pair currently is 55 pips.

 With end of month approaching and national holidays across most of Europe tomorrow (Ascension Day), this may a good time to look at alternative currencies which are reaching extreme overbought...

The US Dollar is for the most part the global standard when it comes to currency. Used as a reserve currency by many importers and exporters globally, as well as the many central banks across the...