Forex Opinion & Analysis

EUR/USD Open 1.3642 High 1.3711 Low 1.3585 Close 1.3638On Friday Euro/Dollar traded within 125 pip range. The European currency appreciated from 1.3585 to 1.3711 on Friday, matching the positive money...

AUD/USD remains in a downtrend from 1.0597. The price action in the trading range between 1.0360 and 1.0475 is likely consolidation of the downtrend. Another fall could be expected after...

It is interest rate week this week and the majority of Central Banks are expected to keep rates unchanged. But there are some doubts over the UK rates given the devaluing pound and strengthening stock...

EUR/USD Much of the attention this week will be on the upcoming monetary policy meeting, where the head of the central bank is expected to be quizzed on the recent LTRO repayments and also promissory...

Cable was trading around the 1.5865 area heading into Friday and looked set for a weekly basis gain. However, the price action as the week drew to a close had the GBP/USD pair covering around 189 pips...

The main drivers of the foreign exchange market have strengthened. This means that the current trends, especially euro strength and yen, sterling and dollar bloc weakness are likely to persist. The...

In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In...

As can be seen from the following opportunity alert for EUR/CHF that I received today through Autochartist’s email subscription, the pair is expected to fall further toward the target level...

When we look to the equally-weighted Dow Jones FXCM Dollar Index (USDollar), we find a currency that marked an incredible drive through the end of this past week to close a six-month high just below...

The non-farm payrolls report always creates excitement for the financial markets but as anticipated, it ended up yielding very little reaction in the U.S. dollar. The data fell short of expectations...

The "Great Graphic," made on Bloomberg, shows a very positive technical development that has taken place on the week bar charts. We mention this possibility in our weekly technical note, but given...

EUR: Beware Of Profit Taking Ahead Of ECBUSD: Unfazed By Headline Disappoints In PayrollsGBP: Biggest One Day Slide Against EUR Since 2009Why NZD/USD Is Doing WellAUD: Odds Of Rate Cut At 50-50CAD:...

The USD/CAD pair has retraced back to the 50% corrective level of the last swing higher and is aligned with the 200 day SMA (simple moving average).An inside day has formed just under parity after...

After digesting the quite disappointing US nonfarm payrolls report and higher unemployment rate, the EUR/USD is retracing most of the daily gains, capped at 1.3675 now trading at 1.3590. Non-farm...