Forex Opinion & Analysis

Our previous forecast headed in our direction for the most part, especially the GBP/USD, the USD/CAD, USD/CHF and the two Oceanic pairs. As we had expected the dollar weakened against many currencies...

EUR/USD Trends And Fibonacci Retracement LevelsThe EUR/USD currency pair has been relatively unchanged in forex market trading today with the EUR/USD registering a high of 1.36387 and reaching to a...

USD/CAD Trends and Fibonacci Retracement Levels:The USD/CAD currency pair has been falling in forex market trading today, with the USD/CAD registering a high of 1.06830 and touching a low of 1.06613...

Dollar Faces NFPs, Unresolved Taper Issues and an 11-Day Range The Dow Jones FXCM Dollar Index has held a 70-point range for 11 straight trading days. That is a remarkable feat in itself, but it is...

That was a wild and whacky ride… particularly in the EUR/USD. As far as ratios go it pushed the limits as much as I have ever seen in various positions but the end result has been very much in...

The euro strengthened against the U.S. Dollar to its highest levels in over a month after Thursday's European Central Bank press conference.At the conference in Frankfurt, ECB President Mario Draghi...

How Payrolls Could Affect The DollarEuro Climbs To 1-Month High, ECB Sees No Rush To EaseCAD: IVEY PMI Details Not As Ugly As Headline, Employment NextAUD: Shrugged Off Weaker TradeNZD: Gold Down...

Thursday looks to be the first positive session for the Canadian dollar in 10 trading sessions.The Line In The SandFutures traded to their lowest levels since May of 2010 on Wednesday but for now, it...

EUR/USD – Retail FX crowds continue selling into Euro strength, giving us steady contrarian signal that the EURUSD may test further highs.Trade Implications – EURUSD: There are nearly 3...

Between the positive surprises in U.S. data and less dovish comments from the ECB, it has been an extremely busy morning in the foreign exchange market. EUR/USD climbed to its highest level in more...

EUR/USDThe pair finished the session higher after Draghi failed to indicate that the ECB will implement more liquidity boosting measures, which also resulted in an aggressive bear steepening of the...

Today was an important day for the euro and sterling and markets were focused on the main risk events of the day – the Bank of England and the European Central Bank policy meetings.Both central...

EUR/USDEuro is still forming consolidation structure. We think, today price may fall down towards level of 1.3460. Alternative scenario implies that pair may break level of 1.3620 upwards and extend...

The USD/CAD is trading nicely higher since start of the week with impulsive personality. We see prices moving up in wave 3 of a larger degree that should be made by five smaller waves. At the moment...