Forex Opinion & Analysis

Yesterday was a relatively calm day for North American currencies and particularly for the USD/CAD pairing, which traded within a 25-point range. The S&P 500 index closed the day in the red for...

Cable has traded lower and we have seen the market reach the short term 76.4 Fib located at 1.5956. Although we bounced from there, currently the currency still remains under pressure across all...

No change. The euro still looks to be under pressure at the moment, especially since we are below 1.3500. The daily charts as you can see are converging to show a move lower. For the moment it is...

GBPJPY – Major Support Coming Up After breaking through the first support level at 158.45, the pair has now closed for its 3rd bearish day in a row and seems to be tempting a 4th. The next place...

The past two days I have been waiting for the dollar to extend losses. This seems most logical when looking at the dollar Index and the USD/CHF daily charts. However, the market has been extremely...

Dollar and Equity Quiet Unlikely to Last The volatility measures paint the picture well for the dollar, broader FX landscape, and general capital markets. Conditions are quiet. Too quiet. Though we...

The AUD/USD has enjoyed a solid run over the last few weeks which has been punctuated by a strong surge higher last week sending it to a three month high just above 0.95. In the last week or so it has...

EUR/USD for Wednesday, September 25, 2013 Over the last week or so the Euro has slowly but surely drifted lower and in the last 48 hours or so has moved back down below the 1.35 level. For some time...

US Dollar Rallies But Yields Continue To FallEUR: German IFO, ECB TalkGBP: UK Policymakers Comfortable With Current StimulusCAD Shrugs Off Stronger Retail SalesNZD: Hit By Fonterra EarningsAUD: No...

Dow Jones FXCM Dollar Index continues to hold key lowsUS Treasury Yields and other key reasons behind Dollar resilienceWatching forex sentiment for timing on next US Dollar tradeThe US Dollar...

I'm seeing a lot of what looks like reversal patterns forming on the daily charts in the forex market, but rather than trading the reversal, I'm waiting for the reversal to end and a resumption of...

GBP/USD is weakening in Tuesday trading. The pair dropped below the all-important 1.60 in the European session, and continues to edge lower. In economic news, British BBA Mortgage Approvals fell short...

Focus: As long as the price stays above the upward trend line, the target for the upside could be the 100.37 resistance zone, and a break above that will open the room for a further upside with next...

This morning’s U.S. economic reports validate the Federal Reserve’s decision to wait to taper. According to the Conference Board, consumer confidence declined in the month of September,...