Forex Opinion & Analysis

Are Bulls Back In Play Again? Despite early bearish push on Boxing Day, prices recovered rather quickly, pushing above Christmas Eve's closing level during early European hours. The rally then was was...

GBP/USD has posted strong gains as the pair trades in the mid-1.64 range in the North American session. Trade has been light as British markets are closed for the Boxing Day holiday. In the US,...

The turnaround in the U.K. economy in 2013 was the envy of the world. The year before, Britain experienced virtually no growth and started 2013 softly but activity began to turn around quickly in the...

As the year comes to an end, I thought it would be worth taking a look at the monthly chart of the Dollar Index to see where we stand as far as the big picture goes.Possible BullishnessPrice has...

2013 was the worst year for the Japanese Yen in more than a decade. The currency lost over 20% of its value against the U.S. dollar, euro and British pound and as much as 18% against the commodity...

The Canadian dollar has edged higher in Thursday trading, as USD/CAD trades in the low-1.06 range. Trade on Thursday is expected to be thin, as Canadian markets are closed for the...

EUR/USDEuro is still forming consolidation channel, which may be considered as triangle pattern. After the market opening, price may fall down to reach level of 1.3644, return to triangle’s...

The Australian dollar is having a quiet week, and the lack of activity is continuing on Thursday as AUD/USD trades just below the key 0.9000 line. The Aussie has had a miserable December, coughing up...

EUR/USD has edged higher in Thursday trading. The pair is trading just below the 1.37 line in the European session. Trade is expected to be light the day after Christmas, with German and French...

The force is strong in the rupee. Even though the USD has strengthened against all major currencies, the rupee has held its own against the USD, and has retraced all the losses against the Greenback...

USD/JPY beat 104.30/35 and today has broken the next target of 104.60/65 to reach 104.84. A push higher through here today should see a move towards 105.05/15.Immediate support is 104.65/60 and could...

The GBP/USD broke support at 1.6325/15 but held above 1.6280/75. If this does not hold the downside today look for a buying opportunity at 1.6243/33, with stops below 1.6210.Immediate resistance at...

The EUR/USD held the 1.3668/63 support area and edged higher to hit our selling opportunity again at 1.3700/10. This trade worked perfectly as we dipped back to 1.3685. Watch 1.3668/63 again today as...

The U.S. Dollar gained across the board on speculation that further signs of positive economic expansion may prompt the Federal Reserve to move forward with further reductions in the monthly asset...