Forex Opinion & Analysis

After establishing and trading within a range between two key levels at 0.9550 and 0.97 over the last couple of weeks, the AUD/USD has recently broken out and surged higher to a new two week high...

The last 24 hours has seen the Euro experience some volatility and surge higher to a 4 week high just above 1.31. In doing so, it has been able to clear the short term resistance level at 1.3050. The...

After posting gains on Friday, USD/CAD has started the new trading week with a whimper. The pair is trading quietly in the mid-1.03 range early in Monday’s North American session. On Friday,...

The USD lost strength against major currencies on Monday, June 3. Most pairs are targeting key areas at present. High momentum will be required to break out of these zones, otherwise price is expected...

Yesterday’s forecasts went in our direction for the most part. We had some slow pull backs and some strong quick moves yesterday. Today the US Dollar pairs are in Sync. We are expecting US...

There were quite a few notable moments yesterday but the USD/JPY was the headliner. I was not entirely comfortable with how the structure was developing in the approach to the triangle high. The...

EUR/USD Open 1.3069 High 1.3108 Low 1.2954 Close 1.3073On Monday, the EUR/USD increased significantly with 150 pips. The European currency appreciated from 1.2954 to 1.3108 yesterday, matching the...

EUR/USDMuch of the attention this week will be on the eagerly awaited ECB governing council meeting, where even though the benchmark rate will likely be left unchanged, there is a risk that the ECB...

U.S. Dollar Succumbs To Further DeleveragingWill The RBA Save The AUD?NZD: Lifted By Stronger AU And Chinese PMICAD: Gold And Oil Up 1.5%Will The ECB Alter The Playing Field?GBP: Could Hit 3-Month...

Monday morning's European PMI was better than expected - and the U.S. ISM was slightly worse than expected. The key was weak U.S. data, which resulted in the U.S. Dollar dropping rapidly.Although we...

The Indian rupee intensified its decline in the last week of May, falling to its lowest level in 11 months on Friday. While there was reported month-end pressure from defense and oil related...

USD The dollar fell dramatically on Monday after data from a leading economic indicator - the ISM survey - presented an unexpected fall in manufacturing activity in May. ISM Manufacturing fell to...