Forex Opinion & Analysis

USD/CAD continues to rise inside the hourly Flag chart pattern identified by Autochartist –as you can see from the following trade opportunity alert that I received today for this currency pair....

Yesterday’s EUR/USD Signal Result: Our short was triggered yesterday on the break of our rising support. We rode that short down for a few hours before we ultimately closed it a few minutes ago...

Market Movers for June 26, 2013Aussie tests 9300 but remains cappedEuro bit heavy after dovish Draghi speech, GE Confidence risesNikkei -1.04 Europe -1.60%Oil $95/bblGold $1232/oz.Europe and Asia CHF:...

While many investors thought the U.S. Dollar would trade low on Tuesday, better than anticipated economic data changed their minds. Reports indicating that Consumer Confidence and Factory Orders went...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.88; (P) 150.66; (R1) 151.67;Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 151.92 will target 154.22 resistance first. Break...

EUR/USD - European SessionThe pair dropped and failed to consolidate above 1.3115, as Linear Regression Indicators turned negative. Stability below the mentioned level represented in 38.2% correction...

USD/JPY Open 98.16 High 98.24 Low 96.93 Close 97.73On Tuesday Dollar/Yen traded within 125 pip range. The currency couple appreciated from 96.93 to 98.18 yesterday, matching the positive money flow...

SGD received a slight boost today – Industrial Production for May grew 2.1% Y/Y and 1.2% M/M, vs a poll conducted by Reuters in which analysts shared a consensus 0.3% and -0.5% growth estimate...

EUR/USDTrading range: 1.3090 - 1.3015Trend: NeutralSell at 1.3079 SL 1.3111 TP 1.3029USD/JPYTrading range: 98.05 - 97.40Trend: NeutralSell at 97.91 SL 98.23 TP 97.46GBP/USDTrading range: 1.5455 -...

GBP/USD is reversing from 1.5340 which appears to be start of a larger recovery, but only temporary. Notice that first leg down from 1.5750 has unfolded in five waves which means that move is...