Forex Opinion & Analysis

USD strengthened significantly following Ben Bernanke’s surprise QE timeline revelation. Based on what Bernanke said, there is a very high likelihood that QE3 purchases would be lowered in 2H...

EUR/USD Open 1.3285 High 1.3424 Low 1.3250 Close 1.3291On Wednesday, the EUR/USD decreased tremendously with 160 pips on the Fed meeting. The European currency depreciated from 1.3424 to 1.3260...

The USD/CAD broke above the resistance of the upper line of the price channel on the 4-hour chart, and is now in uptrend from 1.0137. The rise extends as high as 1.0290. Further rise could be...

The highly anticipated FOMC decision didn't disappoint form a volatility perspective, as the firmer guidance from the Fed on when we might see tapering pointed to this year, meaning either a September...

Did The Fed Carve A Bottom For The Dollar?EUR: Lifted By Stronger Investor ConfidenceGBP: No Surprises In BoE MinuteAUD Hits 2.5-Year LowNZD: Sharp Improvement In Current AccountCAD: Optimism From BoC...

THE TAKEAWAY: USD Federal Open Market Committee releases quarterly economic forecasts > Growth, Inflation downgraded, while Unemployment Rate upgraded > $85B/month pace of QE3 unchanged. The US...

Article Summary: Short term trading ranges can provide excellent opportunities for Forex scalpers. Learn to trade breakouts with the trend prior to today’s FOMC news event.Market ranges occur...

EUR/USDThe pair settled the session little changed as market participants remained on the sidelines ahead of the key FOMC meeting which will be heavily scrutinised for comments regarding tapering of...

The U.S. Dollar mimicked the same trading patterns it displayed at the start of last week. While advancing against currencies like the British Pound, the Yen and the South Pacific monetary units, it...

The Australian dollar has edged higher in Wednesday trading, after taking one on the chin the day before, when it lost around once cent against the US currency. In today’s European session,...

On Monday, our analysis stated that the most likely scenario for Cable was an upswing and the setting of new mid-term highs. That is what happened in the middle of the European session, but...

The EUR/USD set new mid-term highs In anticipation of today’s FOMC report. It looks like traders are expecting a positive outcome of Ben Bernanke’s speech, as well as a strong bullish...

EUR/USDCurrent level - 1.3408 The bias is positive above the minor intraday support at 1.3380, and the outlook is bullish for 1.3510-20 with a crucial level at 1.3324 low. USD/JPYCurrent level -...

USD/JPY is slightly lower in Wednesday trading. The yen has recovered a large part of Tuesday’s losses, as the pair trades just above the 95 level. In economic news, the Japanese trade deficit...