Forex Opinion & Analysis

EUR/USDThe euro fell below $1.30 for the first time in almost a month as European Central Bank President Mario Draghi said monetary policy will remain simulative, dimming the relative allure of assets...

Asian indices extended gains on expectations the U.S. Federal Reserve will not rush to end its stimulus program while gold futures currently trading above Wednesday’s near three-year low of...

GBP/CAD continues to fall after recently reversing down from the upper resistance trendline of the 4-hour Up Channel identified by Autochartist – as can be seen from the following trade...

General Market Commentary: We closed our short yesterday for 31 pips profit – EU continued to drop today and would have hit our full TP for 80 pips. Another example of “it’s usually...

What the heck is happening in China?Lately, the forex world has been abuzz with talk about a potential credit crunch in China, and it has been driving Chinese stocks crazy. Just this Monday, the...

The U.S. Dollar traded mixed while commodity currencies such as the Australian and New Zealand Dollars benefitted from improvements in risk appetite. Other currencies, such as the Euro, the Swiss...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.83; (P) 150.11; (R1) 150.97;Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 151.92 will target 154.22 resistance first. Break...

The unexpected downward revision in Q1 GDP from the US was taken as an excuse to speculate that the Fed wouldn't taper the asset purchase that soon and helped US equities rebound. The Dow closed...