Forex Opinion & Analysis

AUD/USD – Bears Trying to Break Key Level Shedding over 650 pips in the last two weeks and closing bearish for 14 of the last 17 days, the Aussie has been testing the .9600.9590 key level two...

Australia’s dollar traded 0.6 percent from the lowest level since 2011 before U.S. data forecast to show improvements in consumer confidence and manufacturing amid speculation the Federal...

After clearing 1.26 and pushing above the rising trendline, price has tagged 1.27 briefly before coming down significantly to 1.26 once more. However, overall bullishness prevail, with price managing...

The yen slid against all its major peers before U.S. data forecast to show consumer confidence improved and regional manufacturing shrank at a slower pace, adding to evidence the world’s biggest...

EUR/USDTrading range: 1.2940 - 1.2865Trend: NeutralSell at 1.2929 SL 1.2961 TP 1.2879USD/JPYTrading range: 101.60 - 102.30Trend: NeutralBuy at 101.74 SL 101.42 TP 102.19GBP/USDTrading range: 1.5125 -...

The GBP/USD has done very little to start this week, although it has just recently dropped back below the 1.51 level. It did well at the end of last week to reverse and recover a little back above...

The AUD/USD has done very little in quiet trading over the last 24 hours and has remained sitting just above the 0.9600 level. It is still facing an uphill battle trying to rally higher after it...

In a quiet day of trading, the Euro has done very little over the last 24 hours. It did well to finish last week by moving back up through the 1.29 level after experiencing a wild ride in that time by...

USD/CAD was unchanged in Monday’s North American session, as the pair trades in the low-1.03 range. With the US markets closed for the Memorial Day holiday, we can expect thin trading and little...

AUD/USD continues to struggle, as the pair dropped close to the 0.96 line on Monday, before moving up to the mid-0.96 range. The US markets were closed for the Memorial Day holiday, and there are no...

The Japanese yen flexed some muscle last week against the US dollar. After USD/JPY climbed close to the 104 level, the yen fought back and closed the week in the low 101-range. The pair has dropped...

Friday was quite interesting, but ended with the market facing a dilemma, or more accurately perhaps I am facing that dilemma. The Euro stalled 1 point below an intermediate target I set. The USD/CHF...

Dollar Reversal Risk High if Fear Doesn’t Fill in for QE3 DebateThe extended holiday weekend for the US and UK sapped the speculative drive from the global markets Monday. However, this lull...

EUR/USD Open 1.2929 High 1.2949 Low 1.2883 Close 1.2925On Monday, the EUR/USD traded within a 35 pip range. The European currency appreciated from 1.2914 to 1.2949 yesterday, matching the positive...