Forex Opinion & Analysis

EUR/USD continues to trade quietly, continuing the lack of activity we saw on Monday, with the US markets closed for the Memorial Day holiday. The pair is trading in the low-1.29 range, and dipped...

We expect the correlation between JPY and CHF to remain intact, and the CHF/JPY to continue trading within a relatively narrow range in the near term. We recommend utilizing the recent move higher in...

Abenomics will struggle to control a jump in government bond yields. The currency gained against most of its trading counterparts even after Haruhiko Kuroda, Bank of Japan Governor, faced the media to...

The Kiwi dollar has fallen on hard times recently after RBNZ Governor Wheeler revealed that the Central Bank was actively intervening in the secondary markets in order to bring NZD down. Wheeler also...

Spain, or Barcelona in particular, no longer rules – Bayern Munich won it all in last weekend’s Champions League cup. The German nation, the backbone of Europe, is on such a high that the...

EUR/USD - European SessionThe pair consolidated between 23.6% and 38.2% correction of CD Leg of the bullish harmonic Butterfly Pattern. Despite attempts to the downside yesterday, the pair is stable...

Some people think that USD/JPY has seen better days compared to where we are now. That is technically true – as USD/JPY has lost a fair amount of the previous bullish impetus, and may be pulling...

Trends don’t last so long any more. The action last week was risk aversion and the recovery of the “safe haven” currencies, but that all turned around yesterday and the dollar...

The USD/JPY pair has bounced from its support on a 30 minute time frame. This support zone was given in our analysis on May 24. The price is trading well above the 50 day (shown in green) and the 100...

Cable is looking stronger from all time frame charts. We have turned bullish across the board, although I have to say the 60 min charts are running out of steam a little. We do need to break this...