Forex Opinion & Analysis

 This Great Graphic, created on Bloomberg, shows the Italian 10-year premium over Germany (white line) and the dollar against the euro (yellow line). It shows that over the past year, as the...

AUD/USD (see daily chart below) has tentatively retreated from a recent two-week-long rally that brought the currency pair up to a high of 0.9066 on Wednesday.That high was just slightly short of the...

BIAS: We should now see gains through 0.9010 and 0.9021-29 to reach the 0.9080-01 area before lower. Resistance: 0.9010 0.9021-29 0.9046 0.9066 Support: 0.8983 0.8968 0.8948 0.8927 MAIN...

The USD/JPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 105.44, the rise from 100.75 could be treated as consolidation of the downtrend. As long as the channel...

Will Euro Fail Again at 1.37? Dollar Weakness – Blame it on the Weather? GBP/USD Hits Fresh Multiyear Highs AUD: What an Ugly Jobs Number CAD: House Prices Increase in December NZD: Chinese...

Talking Points:- US DOLLAR Eyes December Low (10,565)- Bullish Bias at Risk - AUD/USD Slumps as Australia Employment Disappoints- Lower High in Place? Index Last High Low Daily Change...

EUR/USDThe release of updated GDP and CPI projections by the ECB forecasters which now sees growth risks tilted to the downside and have also lowered their inflation forecasts failed to weigh on the...

Carney swatted away more baying hounds in the press with aplomb on Wednesday and stuck to his guns with a reaffirmation of the previous forward guidance strategy and an upgrade to a more complex...

The EUR/USD hit our short term buying opportunity at 1.3582/76 and bottomed just below at 1.3559. We have seen a good bounce upto 1.3616 and could continue a little higher today to 1.3620, possibly as...

:The GBP/USD held support at 1.6510 as predicted (from our midday update) with the outlook very positive and hit our upper targetof 1.6625. Above here there is little to stop a move towards January...

Yen crosses are rallying nicely for the last few days since the S&P500 has turned up last week. We can see very tight correlation between these two markets where structures on both suggests more...

Currently we are at 101.96 in a range . A bounce in the range and look to go back to 102.89. A break out look to the 100.71 area. The average daily true range (ATR) for the pair currently is 112...

Until recently, the common European currency seems to have shown signs of strength against the US Dollar. Still, the price was trading close to a major level or resistance, which is 1,3675 (MF pivot)....

EUR/USDThe euro formed correction towards previous ascending wave and right now is forming ascending structure with target at level of 1.3700. Later, in our opinion, instrument may consolidate for a...