Forex Opinion & Analysis

A good start to the week as Monday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what was thought possible. Especially the GBP/USD, USD/CAD, and the...

Dollar: When a Tepid Start is a Good StartThe dollar broke the slow advance it was running through the end of this past week with a modest slip through Monday. However, a tepid decline may actually...

GBP/USD for Tuesday, September 24, 2013 Throughout the second half of August the GBP/USD slowly but surely drifted lower away from the resistance level 1.57 and back down below 1.55 however this all...

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 couple of days it...

EUR/USD for Tuesday, September 24, 2013 The 1.34 level has been a thorn in the side of the euro for some time now, however last week it surged higher and moved through to its highest level since...

I suggested the potential for the consolidation to extend until late Europe/early North American trading but then for losses. It seems as if North America must have taken a day off also. What? They...

EUR/USD Open 1.3492 High 1.3557 Low 1.3478 Close 1.3490On Monday the EUR/USD decreased with almost 80 pips. The European currency depreciated from 1.3557 to 1.3478 yesterday, not matching the positive...

Market Review - 24/09/2013 22:13GMT The single currency weakened against the greenback on Tuesday after German sentiment data came in slightly below expectations, and comments from ECB officials...

Market Review: 23/09/2013 22:10GMT The single currency opened higher and rose to an intra-day high of 1.3555 at New Zealand open after voters in Germany gave Angela Merkel a third term as Chancellor...

Cable has invalidated the long-term wave pattern after the breach of the triangle base in the post-FOMC spike. This invalidation sums up that a higher retracement towards the pre-recession levels...

EUR/USD has pulled back slightly in a tight consolidation pattern right around the key 1.3500 level after having made a dramatic break to the upside last week that hit a 7-month high at 1.3567. That...

FX markets were relatively quiet Monday, with the dollar trading midday in a ±0.2% range against the other G10 currencies. Perhaps the only noticeable theme was what didn’t happen the...

EUR/USD (daily chart) has pulled back slightly in a tight consolidation pattern right around the key 1.3500 level after having made a dramatic break to the upside last week that hit a 7-month high at...

Talking PointsFibonacci time relationship in USD/JPY hints at potential breakoutEUR/USD stalls at important Gann resistanceGold backs off from key FiboUSD/JPY has been locked in a clear narrowing...