Forex Opinion & Analysis

Threats by Japan's Prime Minster Abe to changed the BOJ's charter faced broad criticism for threatening the independence of the central bank. Some officials reacted more strongly to this than to the...

The past few weeks were very successful for EUR/CHF buyers. The price managed to break the long-term flag formation (blue lines) with an upswing, and then created quite an impressive mid-term uptrend,...

Monday was one of those days that traders on the lookout for high volatility would rather forget. Technically, we can say that Monday was neutral. Although the price did rise which is a plus for...

USD/CHF’s fall from 0.9552 extends to as low as 0.9436. However, the fall is likely a consolidation of the uptrend from 0.9021. Key support is located at the upward trend line on 4-hour chart,...

I love it when a plan comes together. Already banking 6k on cable this week with its turn below 1.5025 and I am already assessing the next phase of this downdraft. This week’s manufacturing data...

EUR/USD The pair settled the session little changed as market participants remained on the sidelines ahead of the eagerly awaited auctions by the Italian Treasury on Wednesday. Shorter-dated vols...

One of my favorite data sets is the Commitment of Traders figures that the CFTC released each week. It shows us how various types of traders are positioned within various futures markets such as corn,...

Knife catchers are out in force this morning bidding up the JPY, after rumors that Kuroda is ready to act as soon as confirmation as new BoJ governor is formalized; JPY initially weakened. Today's UK...

Fundamental AnalysisThe USD/JPY pair engraved another fresh 3-1/2 year low against the dollar on Tuesday. The Japanese yen lost further ground when the Nikkei business reported that Haruhiko Kuroda,...

The GBP/USD pair has broken its descending triangle which we mentioned in our analysis last week. After breaking out of this triangle, the price action touched the lower line of this triangle which...

Last week was very newsworthy, given all the economic data released and the market events. On Wednesday, Mark Carney, the outgoing Governor of the Bank of Canada, softened his tone slightly, saying...

Market Drivers, March 12, 2013Yen crosses rally in Asia but dip on opposition to Iwata by DPJUK IP, MP miss sending GBPUSD below 4850Europe -.19% Nikkei -.28%Oil $91.69/bblGold $1581/oz.Europe and...