Forex Opinion & Analysis

After two weeks of constant rise on the EUR/USD pair, bears managed to take over control and stopped the appreciation at 1.32. The upswing was reversed by the double top formation that led to the...

We recommend selling GBP/SEK at 9.94 with a target of 9.50 and a stop at 10.25 slightly above the February-11 high of 10.1969. We have, for a long time, argued that the Swedish krona would continue to...

DISCLOSURE & DISCLAIMER: The following Is For Informational Purposes Only And Not To Be Construed As Specific Trading Advice. Responsibility For Trade Decisions Is Solely With The viewer.by Naeem...

This week, the scorecard recommends buying SEK, NOK and EUR while selling AUD, USD and JPYLast week's sell-off in SEK seems overdone according to the scorecard and with the exception of interest...

During a televised interview over the weekend, Bank of Canada Governor Mark Carney detailed the conditions that would lead the central bank to raise the country's key rate. The three main factors...

The slowing of the world's second largest economy, China, was the major point of concern for investors last week. Both gold and copper entered into a bear market last week with copper prices plunging...

Last week’s two-day G20 meeting ended up running “true-to-form” – Japan was left alone, again allowing short yen positions to dominate positioning. In fact, the member nations...

The EUR/USD pair has formed a sort-of head and shoulders topping pattern at the highs, with a possible neckline at 1.3007, and bearish implications if broken. Price is already moving lower and will...

Market Drivers, April 22, 2013USD/JPY gaps higher post G-20 but stalls ahead of 100.00High beta FX struggles near lows of the dayEurope 0.61% Nikkei 1.89%Oil $87.97/bblGold $1421/oz..Europe and Asia...

EURUSD Almost exactly as we described on Thursday, the EUR/USD false break/inside bar scenario played out with the pair popping up to the 1.3121 range forming a pin bar, and then selling off another...

Market CommentaryThe Dollar Index (DX) is currently range bound between 83.40 and 81.80 with 82.88 acting as intermediate resistance. The medium term trend is intact till DX hangs on above 81.80;...