Forex Opinion & Analysis

Asian indices fell for second day while dollar inched higher in early Asian trade. The New Zealand dollar traded lower against U.S dollar after showed an unexpected decline in New Zealand’s...

Autochartist recently identified the Key Support Level 95.176 (of the type Approach) on the 4-hour CAD/JPY charts – as you can see from the following trade opportunity alert that was earlier...

The markets are still very slow and choppy in tight ranges, so our view remains unchanged. We think that FX pairs are forming just a corrective price action within larger trend against the USD. On...

EUR/USDTrading range: 1.3450 - 1.3525Trend: NeutralBuy at 1.3464 SL 1.3432 TP 1.3514USD/JPYTrading range: 98.90 - 98.25Trend: NeutralSell at 98.76 SL 99.08 TP 98.31 GBP/USDTrading range: 1.5965 -...

General Market Commentary: A more or less boring day yesterday as markets continued to consolidate sideways, protecting the gains made against the US dollar from last Wednesday. We had three false...

The U.S. Dollar traded mixed and it managed to advance against a number of currencies while speculators were wondering if the central bank would slow the asset purchasing program, a measure that has...

GBP/USD resilient above support; risk still higher to 1.6167A minor dip and a bounce Tuesday, to underscore resilient digestion, with activity the past week still seen as a corrective consolidation,...

Another quiet day today with a poorer than forecast Richmond Manufacturing Index and CB Consumer Confidence. This didn’t stop the USD% index from crawling higher up to bearish trend line...

TodayThe week continued rather quietly again today with very little in the way of movement. Towards the US session we started to see some minor US dollar strength as the dollar index bounced off of...