Forex Opinion & Analysis

Key incoming data lately - not too much from the Central Banks, and I expect further comments from the FOMC.Last week we saw a rapid drop off the cliff and a rapid increase in the USD off Bernanke's...

The US dollar made a huge comeback, riding on the clearer prospects of QE tapering. Stocks in Europe and the US fell as market participants reacted to the release of less than impressive macroeconomic...

There are three waves up from 1.2750 low on the EUR/USD, representing a corrective, contra-trend price action within a larger downtrend. This is blue wave (2) which is now showing signs of completion...

EUR/USD Dropping over 3 cents since the FOMC announcement, the Euro has continued to sell off from the engulfing bar signal we discussed a few days ago. With the break and close below both 1.3182 (key...

This past week marked a turning point in the financial markets. The U.S. dollar ripped higher against all of the major currencies as Treasury yields soared and stocks plummeted. More specifically, the...

The US dollar was trading at four month lows into the middle of last week against the euro, sterling and Swiss franc. This was reflected in the Dollar Index, which was also at four month lows. The...

EUR/USDWhat Forex Target Traders See: We are currently sitting at 1.3125 on the .500 Fibo in a corrective A-B-C move down. The move is too steep to declare it a down trend. We are waiting to see if we...

EUR/USD (daily chart) has extended its three-day decline by dropping to major support around the 1.3150 price region. This drop occurs on marked US dollar strength this week that saw the pair end a...

EUR/USDThe price action was dominated by bond vigilantes, with stocks in Europe and the US also in free-fall mode as market participants reacted to the release of less than impressive macroeconomic...

The US dollar is up sharply against its Canadian counterpart on Friday, as the greenback takes full advantage of weak Canadian retail sales and inflation numbers. The pair has jumped close to one...

After big moves in the financial markets this week, currencies and equities are trading quietly today with Japanese stocks rebounding overnight, European shares moving higher and U.S. equity futures...

Currently we are at 1.5450 after breaking out of the bear flag. We are looking for a continuation to the S5 at 1.5377 with the overall target at the support cluster at 1.5320-30. Quadruple witching...