Forex Opinion & Analysis

Over the past month we have seen some extensive moves in the financial markets. The dollar index rose to its highest level in more than 2 years, the S&P 500 hit a record high and U.S. 10 year...

The EUR/USD is facing the 1.2998 key resistance. A break above this level will indicate that the downward movement from 1.3242 has already completed at 1.2796. The following upward movement could...

Market Review - 29/05/2013 23:17GMT Dollar tumbles on broad long liquidation The greenback tumbled against the majority of its peers on Wednesday as U.S. Treasury yields fell from their recent highs,...

USD The dollar weakened on Wednesday after a report by the Organization for Economic Cooperation and Development, or OECD, recommended the Federal Reserve continue with its stimulus program, and...

Trading has been fairly quiet this week, albeit rather choppy from side to side. There’s a sense of rising anticipation in the markets, but with limited data this week things could remain...

Article Summary: Identifying a currency pair for scalping is an important skill for short term traders to master. Today we will identify one of this week’s opportunities in the Forex market.Each...

This Great Graphic, constructed on Bloomberg, depicts the correlation of the yen and the Swiss franc on a 60-day rolling basis, on the level of percent change. At 0.34, the correlation may not seem...

EUR/USDIn spite of the evident risk-off sentiment, the USD was seen weaker across the board as concerns over the ongoing volatility in the Japanese bond market, as well as uncertainty over the growth...

Last Thursday we saw how Initial Jobless Claims supported the decision of Fed chairman Ben Bernanke to scale down the bond buying program later this year. Traders saw this as a confirmation of the...

Currently we are at 1.4564.. We have multiple tests of the break below 1.4550 and are looking again for another one. A successful break targets the support at 1.4465 then a continuation to the S5/.500...

EUR/USDCurrent level - 1.2857Yesterday's failure at 1.2950 resistance area initiated a downtrend and I favor a continuation of the slide, towards 1.2750, en route to 1.2650. Initial intraday...

Retail Sales figures for March released last Tuesday proved to be somewhat disappointing. They stood unchanged, even though analysts had expected a 0.1% increase. The primary market movements were...

Last week, markets fell as rising expectations of a tapering of stimulus from the Federal Reserve hit investor confidence. However, investors seem to want to have their cake and eat it too. Even as...

The Australian dollar is perhaps the most extremely overvalued currency of all the majors. Measured on relative prices (purchasing power parity or PPP), AUD/USD fair value is 0.70, or more than 40...