Forex Opinion & Analysis

Yesterday Fed officials triggered a minor bounce in sentiment in the U.S. hours, and overnight the PBoC attempted to dothe same. But looking around the markets, I don’t feel compelled to don the...

AUD/USD traded higher overnight during US hours on the back of a weaker USD. Price traded lower during Asian session, in line with the general risk asset movement that was spooked by the incredible...

The debate over QE continues, but now with a more dovish tilt. Dallas Fed President Richard Fisher, who is considered an ultra-hawk (5 out of 5 on the Thomson/Reuters/ Hawkometer) reiterated...

AUD/USD pauses at key .9145 support, but mounting risk for surrender this week to aim for .9000 and belowAs expected, a low level consolidation (neutral outside Monday) to start the week after a push...

The USD starting to show signs of weakness of Monday, and a possible corrective move. The overall outlook for the USD is still strong in the current price action, but a corrective move is on charts...

EUR/USDTrading range: 1.3095 - 1.3170Trend: NeutralBuy at 1.3108 SL 1.3076 TP 1.3158USD/JPYTrading range: 97.75 - 97.10Trend: NeutralSell at 97.62 SL 97.94 TP 97.17GBP/USDTrading range: 1.5415 -...

Monday’s forecast was in the right direction for the most part. Looking to see some retracements happening from the moves that occured Friday and Monday. Today US Dollar could lose some steam...

BIAS: While 128.40-70 caps, we should see losses to 126.80 and 125.55-75Resistance: 128.40-70 129.20 129.60 129.90Support: 127.85-95 127.05-27 126.80 126.35MAIN ANALYSIS: Losses were seen...

Yesterday’s summary on the outlook for the day proved accurate: “I’m not quite so certain that we’re going to get a particularly aggressive day today. I do see some...

EUR/USD Open 1.3128 High 1.3144 Low 1.3057 Close 1.3113On Monday, the EUR/USD traded within the 85 pip range. The European currency appreciated from 1.3057 to 1.3144 on Monday, not matching the...

The USD/JPY remains in uptrend from 93.79.The fall from 98.70 is a likely minor consolidation of the uptrend. Further rise could be expected after consolidation, and the next target would be at the...

A relatively quiet Monday provided some form of a late bounce in the USD, as crosses found some support. Various speakers are up this week with the potential to cause some rebuttal or possibly some...