Forex Opinion & Analysis

Investors are selling Canadian dollars ahead of the Bank of Canada’s monetary policy announcement. While the central bank is widely expected to leave interest rates unchanged tomorrow, the...

EUR/USD The pair trended lower throughout the session amid a stronger USD and disappointing German ZEW Survey release. During Asian trade, Fed Watcher John Hilsenrath said the Fed are on track to trim...

EUR/USDThe euro formed the first ascending impulse and correction. We think, today price may continue forming ascending wave; the first target is at level of 1.3700. Later, in our opinion, pair may...

Currently we are at 0.8757 in a sideways move which is bearish for the pair. We are looking for a continuation to 0.8700 and the next target the 1.270 fibonacci at 0.8647. The average daily true range...

The Australian dollar continues to struggle as it trades below the 0.88 line in Tuesday trading. In economic news, it's another quiet day, with US releases on Tuesday. In Australia, Westpac...

Market Drivers for January 21, 2014 Dollar bid on report that Fed will taper another 10B in January German ZEW 61.7 vs. 63.4 Nikkei 0.99% Europe 0.47% Oil $94/bbl Gold $1247/oz. Europe and Asia NZD:...

USD/JPY has posted gains in Tuesday trading, following a quiet start to the week. The pair is trading in the mid-104 range in Monday's European session. The US dollar remains firm as speculation...

The beginning of the previous week was very hard for buyers of the USD/JPY,and the beginning of the new week shows us that they came back from the long journey—back in the game. Currently, the...

Yesterday, with the absence of American traders, brought us a movement mostly influenced by the technical bounce from the 61.8 Fibonacci level, and the hammer shaped candle which was drawn there. The...

Right now, the AUD is weak. Thursday’s employment report sent alarm bells ringing, equating to the AUDUSD hitting a three-year low. On the other hand, optimism regarding the UK economy is high,...

The New Zealand economy has been one of the stars in 2013 of the global developed economies and in 2014, it looks likely that trend is set to continue. As of today, the latest CPI data was released,...

Yesterday saw a slow start to the week with the US off to observe the Martin Luther King, Jr. holiday. The most significant moves since trading resumed in Asia were the dip in JPY crosses and...