Forex Opinion & Analysis

EUR/USD is rangebound on Wednesday, as the pair trades in the mid-1.36 level in the European session. Eurozone Industrial Production looked weak, posting its third decline in four months....

Australian EmploymentAUD/USD and AUD/JPYThis indicator has been marked by sharp fluctuations, as may be seen below. December’s data was dismal, with a decline of 22.6K. The market had expected a...

EUR/USDCurrent level - 1.3637 Yesterday's tests at 1.3682 failed, but current slide should be considered corrective, preceding an advance towards 1.3740. Initial intraday support is projected at...

Market Snapshot: AUD: The Dollar rallied on the back of positive Chinese Trade Balance Data today to see it near 5-week highs. We await Australian employment tomorrow at 11:30 AEDT to see if we can...

We saw the move to 1.3677 and now we are trading back a little. Markets have been quiet and the euro is currently back below the Daily Pivot located at 1.3650, with the high being 1.3647. If this...

The market’s reaction to Yellen’s testimony was rather interesting, as there was nothing particularly dovish in the testimony itself relative to market expectations, but the USD failed to...

The Kiwi Dollar climbed higher following a stronger than expected Chinese Trade Balance which was released around 10.05 am SGT (9.05 pm EDT). Even though China is the 2nd on the list of New Zealand...

The RBNZ left its interest rate unchanged in January. Investors expect that the New Zealand central bank will begin tightening monetary policy in March.In general, the decision to leave monetary...

EUR/USDThe euro was a little changed against the U.S. dollar before a report today forecast to show U.S. retail sales stalled last month, the shared currency was traded today at $1.3639, after...

News & EventsAsian indices rallied after widening trade surplus in China while yesterday Wall Street rose for a fourth straight session as Congress agreed to advance legislation extending U.S...

AUD/USD continues to rise in accordance with the following trade opportunity alert that was generated for this currency pair last week. After this alert was generated the pair rose sharply above the...

USD/JPY found a support at the end of last week around 100.74 from where pair recovered for around 200 pips so we suspect that pair completed first five wave decline from 105.34 labeled as leading...