Forex Opinion & Analysis

The December euro is mounting a strong comeback following last week’s hard sell-off. The strong rally is occurring after the market survived a test of a major retracement zone. So far all we are...

Although the euro was under pressure in Asian and European sessions on Monday as Italy's Prime Minister Mario Monti said over weekend that he will resign once the 2013 budget passes, raising concerns...

USDThe dollar fell on Monday after the deadlock between Republican and the Democrat lawmakers in Washington, over how to limit the impact of the fiscal cliff cuts in January, seemed to worsen after...

What should be an interesting week started off with rather a boring day....welcome to the Christmas trading season.Reality is we are now getting right into the holiday trading period with lower...

FOMC EyedGlobal markets mulled mixed news from the euro region overnight, with Italy back in the fray after Prime Minister Mario Monti announced his intention to resign after the 2013 budget is...

Why EUR/USD Refuses To FallUSD: Will FX Volatility Increase On FOMC?GBP: No Fresh Insight From BoE KingAUD: Unfazed By Weak Chinese DataCAD: Pushes Higher Despite Softer Housing NumbersNZD: Lifted By...

EUR/USD The pair staged an impressive recovery and settled the session little changed, that’s in spite of press reports over the weekend indicating that Italian PM Monti is to resign. The pair...

The aussie is still continuing to rise. It is close to a long-term descending trend line at 1.0517, which will probably offer tough resistance. The uptrend is showing bearish divergences but price...

This week, the scorecard recommends buying GBP, EUR, JPY while selling AUD, NOK, SEK.All indicators with the exception of FX performance this week favour a long GBP position. Last week's decline in...

The cable is rising up in a final 5th Elliot wave, both on the 4-hour chart and also as possibly on the daily. MACD has crossed its signal line bullishly and it will probably rally to initial...

International Monetary Fund Managing Director Christine Lagarde said a political agreement on the U.S. budget should be comprehensive because a minimal deal would fail to provide certainty for...

The currency market has a lot to busy itself with this week, with the FOMC and a “QE4” likely in the wings on Wednesday, followed by a possibly pivotal SNB meeting on Thursday and then...

The Monday after a US employment data release is historically the least volatile day of the month. Events occurring in the overnight sessions could be putting an end to this myth, as we head slowly...

Technical Major CurrenciesEUR/USDThe pair traded this week with downside tendency but stable now around 50% correction levels at 1.2895 and above Linear Regression Indicators 55 which may trigger an...