Forex Opinion & Analysis

USD The dollar fell on Thursday after investors offloaded their positions on the eve of Non-Farm Payrolls data out on Friday, after expectations soured that the figure would be good enough to lead...

Despite a rather dull and predictable ECB Press Conference with the one real note being the improved growth forecast in 2014, the markets shot up today and last night's order book ensured we were on...

Forex traders drove the euro higher on the back of the European Central Bank's monetary policy decision. While the ECB left interest rates unchanged at 0.50%, slightly more optimism from Mario Draghi...

EUR/USDAbsence of policy easing, as well as marginal upward revision to 2014 GDP forecast from the ECB supported EUR and weighed on the core fixed income products as market participants were forced to...

Currently we are at 0.8488. We are looking for a continuation to the S3 at 0.8456 then a bounce up on the Day chart trend line. The current average daily trading range (ATR) is 56 pips.

The yen flexed some muscle on Wednesday, taking advantage of stock market jitters in Japan. USD/JPY has settled down in Thursday trading. The pair is trading slightly above the 99 level, and dipped...

Everyone will try and keep all their necessary trading very close to home and pare questionable positions ahead of tomorrow’s highly anticipated US non-farm payroll report. Already the below...

It is time to add long term optionality in USD hedges in order to preserve profit potential in the event of a lower EUR/USD. We have highlighted that while the EUR/USD is expected to remain trendless...

GBP/AUD has been rising steadily in line with the decline in AUD/USD since Mid April. That has been the main driving force for most part of May, but GBP has been undeniably getting stronger since the...

EUR/USD - U.S. SessionThe pair managed to stabilize above 1.3110 represented in 78.6% correction of CD Leg of the bullish harmonic Butterfly Pattern, which is considered positive and might extend...

So we have basically hit target at 1.5420, we have reached 1.5418. The market is entering overbought territory and because we have hit our target and longs have been covered we would be looking at...

Euros broke the Double Top, slightly, coming to 1.3116. We are seeing divergence on the 4hr charts which makes a little sense as we have hit the medium term 38.2 Fib level at 1.3117. Now today we may...