Forex Opinion & Analysis

The USD/CAD is continuing its upswing. On Tuesday, buyers managed to break tops from Monday and Friday. The recent mid-term bullish wave was interrupted by two flags. A flag is a trend continuation...

What a busy day for the AUD/USD! Price rallied during early Asian session as short traders started to close out their profitable positions ahead of the Retail Sales news event risk, while speculators...

A political crisis in Portugal threatens to steal the region's lightening rod from Greece which has a few days to meet the latest the terms of the next aid tranche. This was seized upon by the euro...

The end result of yesterday’s moves were as expected. It was just the earlier downside failure that surprised. It does put the three Europeans in rather a strange situation, correlated well in...

Market Review - 02/07/2013 22:21GMT Dollar gains broadly on QE tapering expectations The greenback rose against other currencies on Tuesday on speculation that the Federal Reserve will reduce stimulus...

The AUD/USD is staying within a downward price channel on 4-hour chart, and remains in downtrend from 1.0582 (April 20 11 high). The price action from 0.9148 could be treated as consolidation of the...

U.S. Dollar Faces Its First TestBreakouts In USD/JPY And EUR/JPYEUR Breaks 1.30 As Aid Payment To Greece Under ThreatGBP: Construction Sector Expands Alongside ManufacturingAUD: Another Night Of Busy...

Here's a nine-month look at the U.S.Dollar Index. 2013 Highlights/Lowlights (depending on position/perspective): Jan 30th FOMC meeting: DX makes lows around 79 May first FOMC meeting: DX makes lows...

USD/CHF is in bullish mode, but because of five waves up from 0.9128 and bearish divergence on the RSI we need to get ready for a three wave, corrective set-back. Decisive break of the channel support...

EUR/USDThe pair finished the session lower as market participants pre-positioned for a raft of risk events which are due to take place over the coming days, which includes the latest ECB governing...

A long weekend wasn’t much help to the Canadian dollar, as USD/CAD is moving higher in Tuesday trading. The pair posted gains in the European session, and is trading in the mid-1.05 range early...

Here are two short-term trading strategies that draw their inspiration on technical factors.Selling The Euro Against SterlingFor something like the tenth time since May 22, the euro has tested...

We know that it is an important week in the forex market when even on a day like today when the global economic calendar contains virtually no market moving releases outside of last night’s RBA...

Currently we are at 0.9159 after breaking out of the bear flag. After the RBA announcement yesterday, we are looking for a continuation to the double bottom at 0.9115 with the next target at the 1.270...