Forex Opinion & Analysis

As the financial community shifts its focus to the U.S. labor market, the dollar regained its mojo and is trading higher against all of the major currencies. The upside surprise in ADP Employment,...

EUR/USDThe pair traded in negative territory despite trading relatively unchanged throughout most of the session. Overnight, USD strength was observed during the Asia-Pacific session after AUD came...

According to the Commodity Futures Trading Commission (CFTC) for data through the 26th of November, speculators hold the largest Net Short Position with the Japanese Yen and also maintain Net Short...

EUR/USDEuro continues consolidating; this movement may be considered as correctional structure. We think, today price may form descending structure towards 1.3520 and then form another consolidation...

USD/JPY Trends and Fibonacci Retracement Levels:The USD/JPY currency pair has been virtually unchanged in forex market trading today as this sharply ascending pair looks to take a breather. The...

A still more robust advance to start the month, and a far more bullish statement, with the Tuesday's push through a key 2011 spike high at 1.0657.   The break here has completed a multi-year base...

EUR/USD (daily chart) has been gradually grinding its way higher within a short-term bullish trend that has lasted since the early November low around $1.3300 support. This bullish run was initiated...

Currently we are at 0.8184. We are looking for a break of the support at0.8164 and a continuation to the support area at 0.8096. The average daily true range (ATR) for the pair currently is 92 pips.

The Japanese yen has reversed directions on Wednesday and has posted modest losses against the US dollar. The USD/JPY is trading in the mid-102 range in the European session. After a slow start to the...

The AUDNZD pair is trading in a support zone on a daily time frame. The pair has pierced the Bollinger band at this level which means that the volatility for the pair is high. The piercing of the...

The GBP/USD from resistance on a 30 minute time frame as predicted yesterday in our daily briefing analysis. The pair is finding its support from its upward trend line and has bounced back from this...

The grass is not always greener on the other side, even with Ireland being thrown into the mix. Persistently soft European data certainly opens the door for the ECB to be proactive once again, and...