Forex Opinion & Analysis

The markets are still very slow and choppy in tight ranges, so our view remains unchanged. We think that FX pairs are forming just a corrective price action within larger trend against the USD. On...

EUR/USDTrading range: 1.3450 - 1.3525Trend: NeutralBuy at 1.3464 SL 1.3432 TP 1.3514USD/JPYTrading range: 98.90 - 98.25Trend: NeutralSell at 98.76 SL 99.08 TP 98.31 GBP/USDTrading range: 1.5965 -...

General Market Commentary: A more or less boring day yesterday as markets continued to consolidate sideways, protecting the gains made against the US dollar from last Wednesday. We had three false...

The U.S. Dollar traded mixed and it managed to advance against a number of currencies while speculators were wondering if the central bank would slow the asset purchasing program, a measure that has...

The euro remains weak against the dollar on Wednesday, trading near Tuesday’s lows. The single currency is being weighed down after weaker-than-expected German sentiment data. Also, comments on...

GBP/USD resilient above support; risk still higher to 1.6167A minor dip and a bounce Tuesday, to underscore resilient digestion, with activity the past week still seen as a corrective consolidation,...

Another quiet day today with a poorer than forecast Richmond Manufacturing Index and CB Consumer Confidence. This didn’t stop the USD% index from crawling higher up to bearish trend line...

TodayThe week continued rather quietly again today with very little in the way of movement. Towards the US session we started to see some minor US dollar strength as the dollar index bounced off of...

Tuesday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what was thought possible, especially the EUR/USD, GBP/USD, USD/CAD and USD/CHF. As we had...

Yesterday was a relatively calm day for North American currencies and particularly for the USD/CAD pairing, which traded within a 25-point range. The S&P 500 index closed the day in the red for...