Forex Opinion & Analysis

USD/CAD remains in uptrend from 1.0137, the fall from 1.0556 is likely a consolidation of the uptrend. Another rise towards 1.0600 is still possible after consolidation, and a break above 1.0556...

The 1.2000 floor in EUR/CHF was set in September 2011 when the SNB said it would buy the Euro using an unlimited supply of Swiss Francs, and the currency pledge was reiterated by the central bank in...

Should The Dollar Be Worried About Fed Comments?EUR: Holds 1.30 Thanks To Stronger DataGBP Slips After Downward Revision To GDPAUD: Vulnerable As Gold Tests 1200NZD: Weaker Trade Offset By Stronger...

The greenback strengthened against the Japanese yen on Thursday as the mixed U.S. economic data showed the Federal Reserve needs more time before it starts to reduce its stimulus measures. Versus...

USD/CAD has reversed direction on Thursday, as the Canadian dollar is moving higher. Early in the North American session, the pair is trading in the mid-1.04 range. In the US, Unemployment Claims beat...

USD Index is at its high of the week, probably at the end of a black wave A/1 because we can count five sub-waves from 80.50. Notice that on the RSI we also have a bearish divergence which is also...

EUR/USDThe pair settled the session little changed amidst ongoing dovish comments from various central bankers, as well as expectation that ECB’s Draghi will deliver a move dovish statement next...

The U.S. dollar is trading lower against most of the major currencies this morning thanks to the recent steadiness of global bond yields. U.S. 10-year yields are trading below 2.5% this morning,...

The US dollar has posted gains against the yen in Thursday trading. USD/JPY has pushed back above the 98 line and is trading in the low-98 range in the European session. On Wednesday, US GDP numbers...

EUR/USD retracement is happening much lower than we expected originally, but we finally see the confirmation of change of trend pattern on 30 Min chart. First higher low is a good sign of bears out of...

The previous week was great for bulls of USD/CAD. Thisweek started with a bullish gap which had a huge impact on trading for the next three days. On Monday buyers managed to set a new top above...

EUR/USD is struggling to remain above the key 1.30 level in Thursday trading. The pair has lost around two cents so far this week. The euro got no help from remarks by ECB President Mario Draghi on...

EUR/USDCurrent level - 1.3035The bias here is still bearish below 1.3055 intraday resistance, but my outlook is counter-trend, for a break through the mentioned area and a rise towards 1.3170. Initial...

USDJPY pushed through a local resistance area this morning before tonight’s raft of Japanese data in the Asian session, including for inflation. Meanwhile, EURUSD doing its usual tease around...