Forex Opinion & Analysis

The Canadian dollar weakness is far from over, and for the same reason, I think that the rally in USD/CAD is not completed. The pair might still continue to find buyers around the lower levels....

Japanese Yen crosses are trading sharply lower this morning led by the sell-off in USD/JPY.  Over the past 36 hours, USD/JPY has blown through 103, 102 and is quickly closing in on 101. ...

Good afternoon, dear traders. Today we will take a look at the PCI US/EU, which is a comparative US-EU macroeconomic index. The base part, the (US) is an index of the United States based on the DJI...

Currently we are at 168.24 after the break south of the trend. We are looking for a bearish continuation to the S6 area @ 167.49. The average daily true range (ATR) for the pair currently is 138...

The Japanese yen continues to make inroads against the US dollar, as the pair trades in the mid-101 range in Friday trading. There is growing tension in the markets over the crisis in the Ukraine,...

The euro rose to 2.5 -year high against the dollar on Thursday, supported by expectations weakened further easing by the European Central Bank. The single currency is close to high against the dollar...

Following the March ECB meeting, we have opted to more fundamentally revise the level and profile of our EUR/USD forecast. We now look for the cross to head a little higher in the near term into the...

An ugly risk-off day today finally saw a measure of the greenback’s safe-haven potential kicking in, especially as one of the drivers of the market nervousness remains the situation in Ukraine....

EUR/USDRisk reward: 2.19Trend: Strong DownSell at 1.3879 SL 1.3911 TP 1.3809USD/JPYRisk reward: 1.81Trend: DownSell at 101.81 SL 102.13 TP 101.23GBP/USDRisk reward: 2.44Trend: Strong DownSell at...

Yesterday's "risk off" move during US session dragged classic "risk currencies" such as AUD/USD and EUR/USD lower. NZD/USD wasn't sparred, with prices falling from a high of 0.8605 to a low of...

AUD/USD had an eventful day yesterday. Prices rallied and broke 0.90 round figure following a stupendous Employment Change aided by bullish pressure spillover from RBNZ rate hike. However, a large...