Forex Opinion & Analysis

The Canadian dollar has edged higher against the US dollar in Monday trading. The pair is trading in the high-1.02 range early in the North American session. In economic news, Canadian Core CPI posted...

The Australian dollar is stronger as we start the new trading week. The pair has risen to the mid-0.94 range early in the North American session on Monday. In economic news, there is just one US...

At the start of September, we wrote a piece on what to expect from a trading range perspective for the month in EUR/USD. With the September Federal Reserve rate-setting meeting and the German...

Currencies EUR/USD- the pair is moving in a side way pattern on a 30 minute time frame. The RSI is not giving any clear either.USD/JPY- the pair has broken its upward trend line on a 30 minute time...

The focus this morning for the forex market is on the euro and rightfully so given this weekend's German elections and this morning's euro-zone PMI reports. Economic activity in the euro zone...

Currently we are at 1.3515 in a sideways move which is bullish for the cross. We are looking for a continuation to the 1.3600 area. The average daily true range (ATR) for the pair currently is 81...

Monday can be a very important day for the EUR/CHF. Technically, the pair is in the big symmetric triangle formation that supports the side trend for the last few months. Trades decrease volatility in...

EUR/USDCurrent level - 1.3520The consolidation pattern below 1.3568 is still underway and although there is risk of tighter test above 1.3450 major support, the overall bias is bullish, for a rise...

The USD/JPY has edged lower in Monday trading. The pair dipped below the 99 line, as the dollar remains under pressure following the Federal Reserve decision not to taper QE. In economic news,...

EUR/USD is steady as we start the new trading week. In the Monday European session, the pair continues to trade in the low-1.35 range. On Sunday, Germans voted in national elections, and Chancellor...

So far it’s a somewhat lethargic open to the week after an intensive previous five-business days that was dominated by a number of poorly explained outcomes. It started with Lawrence Summers,...

(from my colleagues Dr. Win Thin and Ilan Solot) Israel's central bank holds a policy meeting Monday and is expected to keep rates steady at 1.25%. The central bank is in limbo as the search for a new...

The USD/JPY pair has risen sharply, wrong-footing many investors who had been expecting more down-side. Thursday's unexpected surge - in particular above the 99.37 level - upset market expectations...

With the German elections over, attention now focuses on the US debt ceiling. Chancellor Merkel did exceptionally well in the German elections with an estimated 42 per cent of the vote. However, the...