Forex Opinion & Analysis

Market CommentaryThe Dollar Index (DX) weakened from 84.50 ranges, and is currently trading at 81.90 ranges with 81.20 acting as important interim support. The bias is weak, although the next leg of...

The EUR/USD pair continues to pull back. It has broken below the monthly pivot at 1.3225, and is still falling. It has come back a Fibonacci 23.6% of the overall length of the rally, and is currently...

Friday’s 175K Nonfarm payroll gains rekindled Fed tapering off expectations, sparking a possible reversal to almost two weeks of dollar weakening. Markets were expecting around 163K to 170K...

GBP/USD Open 1.5528 High 1.5620 Low 1.5486 Close 1.5554On Friday, the GBP/USD decreased by 135 pips. The Cable depreciated from 1.5620 to 1.5486 on Friday, in line with the negative money flow...

EUR/USDTrading range: 1.3215 - 1.3145Trend: NeutralSell at 1.3205 SL 1.3237 TP 1.3155USD/JPYTrading range: 97.95 - 98.60Trend: NeutralBuy at 98.05 SL 97.73 TP 98.50GBP/USDTrading range: 1.5545 -...

When it rains it certainly pours. Just ask the Australian Dollar, which has been heavily battered, trading from more than 5 cents premium from the USD to more than a 5 cent deficit, all within 2...

GBP/USD – Holds the Line in Quiet Session In what was a quiet session for most pairs (save the JPY’s), the USD pairs remained mostly range bound while being slightly bid on the day. In my...

The multi-year trendline that has been keeping bears at bay is finally broken last Friday, long live the trendline. However that would also mean that bears will be able to usher in a new era of lows...

Friday’s forecasts went in our direction for the most part. Again as we thought it would the market did make some quick moves, specially after the NFP release. Today we might be at cross roads,...

The GBP/USD is enjoying its best run in a long time as it has surged higher to a new four month high near 1.57 towards the end of last week. Since that time it has just eased back a little under the...

Over the last couple of weeks, the AUD/USD has shown some positive signs of rallying higher and breaking back through to 0.9850, then towards 0.9800 in the last week. It has been all too little...

The Euro has enjoyed a solid last couple of weeks moving from support around 1.28 and surging through the key 1.32 level and to levels not seen since February. It has since then just eased back a...