Forex Opinion & Analysis

NZD/USD – Has the Pair Formed A Bottom? For the month of May, the pair shed over 800 pips, ending with a pin bar rejection off .7760 The following two days of buying (A) were quite impulsive,...

EUR/USD Open 1.3360 High 1.3382 Low 1.3317 Close 1.3362On Monday, the EUR/USD traded within the 65 pip range. The European currency appreciated from 1.3317 to 1.3382 yesterday, matching the positive...

Dollar: ‘Twas the Day before the Fed and Not a Trader Was StirringSmall victories. The Dow Jones FXCM Dollar Index (USDollar) closed higher for the first time in five trading days, but by a...

The formation of a neckline for a head and shoulders in the USD morphed into a really sweet move for those long the components of the USD Index (British pound, euro, yen). However, at this point,...

The EUR/USD remains in uptrend from 1.2796. The fall from 1.3390 is treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on the 4-hour chart. As long...

Market Review - 17/06/2013 22:26GMT Yen falls on improved risk appetite as global equities rise before gaining in late NY trade The Japanese yen dropped against the dollar on Monday on risk appetite...

Yesterday was a very quiet day, with little in the way of significant moves. The aussie did manage to push lower, but given the daily range on this pair it wasn't a massively significant move ahead of...

THE TAKEAWAY: USD gains on the day and USD/JPY moves up towards ¥95.00 ahead of Wednesday’s FOMC meeting. Equity markets are broadly higher today in the US, Europe, and Asia: S&P...

Since putting in a bottom on 5/22 at 1.0186, the Swiss franc has appreciated 6.5%...as of last week lifting futures to four-month highs. I am operating under the influence an interim high reached last...

Currencies and equities are starting the busy week on firmer footing with the U.S. dollar holding steady or trading lower against all of the major currencies except for the Japanese Yen. The weakness...

EUR/USDCommentary by a prolific Fed watcher Hilsenrath who suggested that Fed officials are unlikely at this meeting to change their USD 85bln per month bond-buying program failed to support the pair,...

EUR/USDCurrent level - 1.3332The pattern below 1.3390 is by all means a corrective one, preceding an advance towards 1.3510 area. Key support on the downside is projected around 1.3260.USD/JPYCurrent...

Currently we are at 149.05.. A couple of different scenarios. 1: bullish: a move to the upper day chart trend line at 150.68 area) and break out we will look to the 0.382 fibo at 151.52. 2: Bearish :...

The Australian dollar has had a very tough time over the past few weeks, but showed some strength last week, gaining about 140 points against the US dollar. The Aussie continued to move higher on...