Forex Opinion & Analysis

Market Drivers April 30, 2013German Retail Sales miss driving EUR/USD off session highsUSD/JPY fails to hold 98.00 despite better Japanese dataNikkei -0.17% Europe 0.03%Oil $94.47/bblGold...

Dollar on the Verge of Critical Bearish BreakFundamentally speaking, the dollar has run astray of its safe haven role – allowed to deviate thanks to a lack of clear conviction in...

These Great Graphics comes from a slide slow put together by SWIFT, the Society for World Wide Interbank Financial Telecommunications, which is the messaging system that provides indispensable linkage...

GBP/USD Open 1.5491 High 1.5546 Low 1.5466 Close 1.5497On Monday, the GBP/USD traded within 85 pip range. The Cable appreciated from 1.5469 to 1.5546 on Monday, in line with the positive money flow...

EUR/USD EUR/USD closed at 13100 which was above the open and breached the previous day's high. The High was 25 pips from Precise Trader's Res Zone 2 and the Low was 20 pips from Precise Trader's Sup...

EUR/USDTrading range: 1.3075 - 1.3180Trend: UpwardBuy at 1.3089 SL 1.3057 TP 1.3166USD/JPYTrading range: 98.10 - 97.45Trend: NeutralSell at 97.99 SL 98.31 TP 97.54GBP/USDTrading range: 1.5470 -...

The chart below illustrates the entry point, stop, and target profit. The entry candle is highlighted; however, I put in an entry order to go long at 96 -- i.e. near the bottom of that wick -- when we...

And the market decided Dollar bearish…There’s no real rabid hate of the Dollar by the look of things but certainly a weakness that has maintained a modest bearish momentum and no real...