Forex Opinion & Analysis

USD/JPY beat resistance at 104.62/66 and overnight we have also pushed through 104.85/90. We should now continue higher to resistance at 105.10/15. If this does not hold a move higher look for a...

No change. The Aussie failed to make a break to the topside and this has put the pressure back on the downside. However, our short term charts are oversold. Therefore we look to support in the...

The British pound was an FX standout in the second half of '13, appreciating from under $1.50 to close out the year near $1.6600—a gain of 10% in Q3 and Q4. Current trade has March futures...

Dollar Traders Look to Revive Taper Speculation on ADP Euro Inflation Plunge Increases ECB Stimulus Risk Yen Crosses Groping for Traction as Nikkei 225 Rebounds Dollar Traders Look to Revive Taper...

After a rapid sell-off form the 1.390 highs the EUR/USD appears a little rattled as it prepares to build strength for its next move. But, as always the questions remains, which direction will that be?...

The Trade Deficit is closely watched as it can reveal what is going on within the economy and can have a strong relationship with the underlying currency. With the US being in Trade Deficit (Net...

Our previous forecasts headed in our direction for the most part, especially the EUR/USD, the Oceanic Pairs and EUR/JPY. Today we have a few fundamental item coming out that could affect the US Dollar...

EUR/USD Open 1.3614 High 1.3657 Low 1.3595 Close 1.3606On Tuesday EUR/USD traded within 60 pip range. The European currency depreciated from 1.3657 to 1.3595 yesterday, matching the negative money...

The British pound has had a very slow week, trading in a narrow range against the US dollar. In Tuesday's North American session, GBP is trading just above the 1.64 line. The pound has run into some...

The USD/CAD continues to climb this week and the pair is making a strong move on Tuesday, having gained close to one cent. The pair is trading in the mid-1.07 range early in the North American...

Let’s start the year with an interesting opportunity for EUR/USD. The pair has breached an important up-move trend line, as plotted on the 4 hour chart shown below. I think this trend line may...

The EUR/USD remains in downtrend from 1.3892, the rise from 1.3571 could be treated as consolidation of the downtrend. As long as 1.3680 resistance holds, the downtrend could be expected to resume,...

How FOMC Minutes Could Affect the DollarEUR: ECB to Weigh Inflation vs. GrowthGBP: 3 Drivers for 2014 GrowthCAD: Drops to Fresh 3-Year Lows on Weak DataAUD: Nice Improvement in TradeNZD: Minor Drop in...

The US dollar has posted modest gains on Tuesday, recovering some of the losses sustained a day earlier. In the European session, USD/JPY is trading in the mid-1.04 range. In...