Forex Opinion & Analysis

I was in too much of a rush to call for the Dollar upside to resume; it will, but not yet. It would make much better sense to take the day off and make this a 4-day weekend. So many things went awry...

Dollar Fails to Break EUR/USD’s 1.2750 Support as Risk, QE3 Fears SteadyStimulus will end…eventually. And, this realization sent a shudder through the market when both the FOMC minutes...

The chart below illustrates, via the usual format: black line is where I entered, red is where my stop is, and green is the target profit.Original post

EUR/USDTrading range: 1.2900 - 1.3005Trend: UpwardBuy at 1.2914 SL 1.2882 TP 1.2991USD/JPYTrading range: 101.95 - 101.05Trend: DownwardSell at 101.84 SL 102.16 TP 101.1 GBP/USDTrading range: 1.5065 -...

EUR/USD Open 1.2933 High 1.2957 Low 1.2820 Close 1.2930On Thursday Euro/Dollar increased with 135 pips. The European currency appreciated from 1.2820 to 1.2957 yesterday, not matching the negative...

Market Review - 23/05/2013 22:58GMTYen rallies after weak Chinese data and plunge in the Nikkei boost risk aversion The Japanese yen rallied after reaching a fresh 4-1/2 year low yesterday after...

I tried shorting this yesterday and my position was in the money. Then the market reversed and I got stopped-out at breakeven. I re-entered and secured an even better entry point -- getting short at...

The old market pattern of USD strong and JPY stronger has come back with the biggest downdraft in risk appetite in recent memory. Even CHF has picked up the old safe haven refrain. Stay careful out...

The biggest move in the FX markets today is in the Japanese Yen. The 7% decline in the Nikkei overnight kicked off a wave of deleveraging in the financial markets as investors around the world hit...

The biggest move in the FX markets today is in the Japanese Yen. The 7% decline in the Nikkei overnight kicked off a wave of deleveraging in the financial markets as investors around the world hit the...

EUR/USDEven though the session was dominated by risk-averse flows, which stemmed from liquidation related flows out of Asia where the Nikkei 225 index fell over 7% and in turn prompted market...

Yesterday, movements on the chart were mostly driven by Ben Bernanke and the FOMC.The EURUSD exploded at first, and managed to break the 1.2950 resistance, but buyers couldn’t hold above this...