Forex Opinion & Analysis

EURUSD – Bullish but @ Key Resistance ZoneGaining a mild amount of ground last week, the Euro closed the week on two strong days of buying. The pair is just below a key resistance zone which is...

US NFP is the first major release of the year and we expect plenty of volatility following the release. In the event we do get our deviation, it’s important to follow the plan as set forth...

We´ll be getting the Canadian Employment Change release number today, but since the market is focused on the U.S. Nonfarm Payroll, this release will probably work only if it is going in the same...

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. The most important part of the rate decision is the Press Conference, so...

UK BOE Interest Rate Decision is likely to remain unchanged and most likely a non-event as Governor Carney should not surprise the market with a change or an accompanied statement.7:00am (NY Time) UK...

AU Retail Sales release today will be important for the short-term market price action, with the market supporting AUD below the 0.8900 level, all we need is a strong news catalyst to push AUDUSD...

CA BOC Interest Rate today will probably not surprise the market as recent Canadian economic reports have not been very promising, to say the least. Considering that the BOC have dropped its hawkish...

US ADP NFP Employment Change release will once again be one of the many focuses of the week, and with the NFP scheduled on Friday, and sharp deviation will be market changing, if not trend...

AU RBA Interest Rate Decision today will probably not be a tradable release as RBA has decided to take a neutral monetary policy for the time being. With market finding strong support at the current...

US ISM Manufacturing PMI will probably be a non-event unless we get a huge surprise today, especially considering that the Feds have already set the path of tapering all the way to the end of...

UK Manufacturing PMI will kick off the month for GBP as market should react sharply to any surprises, especially considering the geopolitical tension that’s currently taking place in Ukraine and...

Its all about Ukraine today as it has been for a few days now. But as the tensions rise between Russia, USA, EU about Ukraine it all adds up that investors are turning to safe heavens as fast as they...

EUR/JPY recently broke sharply the hourly Ascending Triangle chart pattern that was previously identified by Autochartist – as you can see from the following trade opportunity alert for this...

On Friday, the AUD weakened 0.32% against the USD to close at 0.8931.On Saturday, a report from China, Australia’s largest trading partner, showed that the NBS manufacturing PMI edged down to a...