Forex Opinion & Analysis

Yesterday’s summary on the outlook for the day proved accurate: “I’m not quite so certain that we’re going to get a particularly aggressive day today. I do see some...

EUR/USD Open 1.3128 High 1.3144 Low 1.3057 Close 1.3113On Monday, the EUR/USD traded within the 85 pip range. The European currency appreciated from 1.3057 to 1.3144 on Monday, not matching the...

The USD/JPY remains in uptrend from 93.79.The fall from 98.70 is a likely minor consolidation of the uptrend. Further rise could be expected after consolidation, and the next target would be at the...

A relatively quiet Monday provided some form of a late bounce in the USD, as crosses found some support. Various speakers are up this week with the potential to cause some rebuttal or possibly some...

Will Fed Speeches Halt Dollar Rally?EUR: Shrugs Off Stronger German IFOGBP: Quiet Day For SterlingAUD: Ends US Higher After Major Intraday ReversalCAD: Oil Up, Gold DownNZD: Signs Of Weaker...

The USDThere have obviously been a boat load of US dollars bought over the last four sessions. There are some preliminary technical signs that the near-term momentum may have exhausted itself and...

EUR/USDThe pair managed to recoup overnight losses and settled the session only in minor negative territory, after a move lower by USD/JPY through overnight lows in the closing hours of trade, as well...

USD/JPY had a long run up, but looking at the monthly chart we think it is time for it to retrace to at least 88 before deciding on the trend. The main reasons we see the turn -- 50% retracement level...

Ground Zero For DeleveragingThe U.S. dollar is starting the week stronger against all of the major currencies as deleveraging in the equity, bond and currency markets continue to drive investors into...

There is an unprecedented amount of uncertainty regarding the liquidity issues in China. The PBoC issued a formal statement insisting that the banking system liquidity is at reasonable levels while...

Traders, please check our video on EUR/USD, and why we think the pair could fell much lower in the next few days - and even weeks.Below you may find the video

The USD/JPY pair is still rising and could continue higher, with an eventual target at the underside of the previous rising channel as well as other resistance at 99.25. However, there are now signs...