Forex Opinion & Analysis

Further to my post over the weekend (Would you short this?) From reading the comments, I can see that a lot of my readers got it. The chart is the AUD/CAD currency cross. While this currency pair...

After a fair bit of volatility last week, EUR/USD has started the new trading week on a quiet note, and is trading in the low-1.32 range. The euro took advantage of a broadly weak dollar, climbing...

In months gone by there would be a respite after NFP – the market gave investors time to lick their wounds and devise a trading strategy during the first session following the employment...

USD/SGD is yet another beneficiary of last Friday’s strengthening of USD, courtesy of a stronger than expected US NFP print which fuel more rumors of Fed tapering QE in 2013. Price managed to...

Weekly ChartUSD strengthened significantly last Friday after the stronger than expected Non-Farm Payroll numbers, with Canadian Dollar the only major exception, with its own spectacular increase in...

Despite breaking a series of significant supports last week, price has since pullback significantly, trading above the 96.7 March high last Friday. On hindsight this is not exactly unexpected as price...

The USD/JPY pair has formed a fresh support zone (indicated below) on a 30 minute frame, and has bounced strongly back up from this level. The price action is trading above the 50- and 100-day moving...

The EUR/USD pair fell from its resistance level on a 30 minute time frame. This resistance level was given in our analysis on Friday. The price is trading within the descending triangle pattern, and...

Friday didn’t provide any drastic surprises but nor too much exceptional success. However, it did seem to provide some decent clues that seem to suggest we’ll see the start of the week...

Unexpectedly weak Chinese trade figures, reported over the weekend, weighed on the Australian dollar, while the yen shed recent gains after hitting a two month low against the US dollar before the...

Friday’s ‘Goldilocks’ inspired jobs report managed to rescue the US dollar from any continued demise last week, and the momentum has continued into the European opening today. The...

EUR/USDThe dollar pulled away from a three month low against the euro on Friday, after official data showed that the U.S. economy added slightly more jobs than expected in May. The Department of Labor...

Market Movers for June 10, 2013USD/JPY continues to recover in aftermath of NFPsChinese Trade slows markedly sending Aussie to fresh lowsNikkei 4.94% Europe -0.08%Oil $95/bblGold $1376/oz.Europe and...