Forex Opinion & Analysis

The EUR/USD is staying above an upward trend line on 4-hour chart, remaining in uptrend from 1.2796. The fall from 1.3305 is treated as consolidation of the uptrend. As long as the trend line support...

Friday saw relatively mixed price action driven primarily by the mixed U.S. Non-Farm and Unemployment numbers. The NFP came in slightly better than expected, and the Unemployment figures were slightly...

Jun. 9, 2013 (Allthingsforex.com) – The euro will be closely watched during the upcoming week which could mark a new phase in the euro-area’s debt crisis as the German Constitutional Court...

Expect Bernanke to play down the significance of one employment number – Friday’s headline print will do little to clarify the Fed’s QE tapering debate and by default the...

It’s not true – the Toronto Star did not hire an extra +35k employee to follow their beleaguered Mayor. Canada posted an eye-popping, decade best, +95k new jobs in May. To understand...

The foreign exchange market has become more treacherous than usual. The main culprit is a growing realization that the low interest rate environment that has characterized the investment climate over...

EUR/USD – Inside Bar At Resistance Levels Climbing 6 of the last 8 days, the Euro has been looking impressive in gaining +450 pips in the process. On Friday, the pair formed an inside bar at a...

The past week has more to do with the flight of the Yen rather than the rise of the EUR. The dollar was beaten down during a liquidity fire sale ahead of a QE tempering employment argument release,...

USD/JPY (daily chart) extended its decline substantially down to key support around the 95.00 level on Friday, before rebounding and recovering that loss intra-day. The current bearish correction from...

Has The Dollar Finally Bottomed?BoJ Could Halt The Rise In Yen Next WeekCan The EUR Breakout Be Sustained?GBP: Data Improvements Make Sterling The Shining StarCAD: Strongest Job Growth EverNZD: Watch...

The Canadian dollar gained the most in almost a year versus its U.S. peer as Bank of Canada Governor Stephen Poloz in his first public comments reiterated his predecessor’s view that rates will...

On Friday, June 7, 2013 we saw how the greenback appreciated against the EUR and the JPY.The stronger USD was supported by the Nonfarm Payrolls number. The NFP number was better than what analysts had...

EUR/USDCurrent level - 1.3123The bias here remains positive above 1.3100 minor intraday support, with a crucial area at 1.3040 lows. Initial target is projected at 1.3200 with a possibility of a...