Forex Opinion & Analysis

Dollar: Why is the Greenback Quiet on a Huge S&P 500 Break?This past session was incredible for both the US dollar and broader financial markets. Indisputably, the most remarkable development was...

EUR/USD Open 1.3346 High 1.3364 Low 1.3204 Close 1.3344On Thursday Euro/Dollar traded within wider 160 pip range. The European currency appreciated from 1.3204 to 1.3364 yesterday, matching the...

The chart below shows the AUD/USD 4H Chart, painted with the Ichimoku MT4 Indicator and candlestick patterns. We shade the two “Hammer” patterns in green. Chart from Bloomberg What is a...

Dollar: How Volatility Reflects UncertaintyEUR: More Range Trading ExpectedGBP: More Good News From The UKNZD: Manufacturing PMI Hits 9-Year HighAUD: Lower Inflation ExpectationsCAD: Existing Home...

The U.S. Dollar was hammered across the board during the North American session as EUR/USD reached US$ 1.3353, USD/JPY sank to ¥97.23, GBP/USD raced to US$ 1.5650, and USD/CHF tumbled to CHF...

The U.S. dollar traded sharply higher this morning on the back of better than expected weekly jobless claims and new highs in 10 year Treasury yields. Stocks on the other hand are performing poorly...

Currently we are at 0.8104 and the R5 Target after the break north of the wedge. We are looking for a bullish continuation to the resistance cluster area at 0.8165-99. The average daily true range...

EURUSD: the overall outlook remains slightly bullish, but downside pressure emerged this week prior to Friday’s close.USDJPY: has made a reversal ahead of trend line support from February 2013,...

Finding and acting on ‘evidence’ in this type of market, apathy and liquidity constraints, is not easy. It seems that a collection of things is making it difficult for an investor to pull...

Looks like USD/CAD just finished the bullish correction that retraced more than half of last week’s downswing. The correction was closed in a rising wedge formation (blue lines). Thursday starts...

The GDP data from the Euro zone, and the two biggest economies: Germany and France, came better than expected. Traders were anticipating the positive data, so when they were released, the reaction was...

EUR/USDCurrent level - 1.3292 The intraday bias is positive above 1.3280 support area, but I expect the rally to be limited below 1.3350, followed by a sell-off through 1.3230, en route to...