Forex Opinion & Analysis

In the last day or so, the Euro has finally shown some resilience as it has been able to rally and regain some lost ground moving back towards 1.29. Over the last week it has fallen considerably from...

In the latest meeting minutes, RBA members appeared to be much more dovish than before. The previous bullish bravado about China has gone into hiding, being replaced by cautious mentions of weakening...

The currency markets have started off the trading week with a whimper rather than a bang ,and GBP/USD has not been an exception to this trend. The pound lost over a cent on Friday, as the US dollar...

USD/CAD remains at high levels, as the pair continues to flirt with the 1.03 line. In early North American trading, USD/CAD was trading in the high-1.02 range. The US dollar looked sharp on Friday,...

AUDUSD – Aussie Forms Pin Bar At Pullback Level After selling off for 10 of the last 12 days, some profit taking / short covering was to be expected as you can see in the chart below. This...

Most of yesterday was taken up in resolving my technical problems and organizing a more robust contingency plan. There are still a few things to be ironed out, but thankfully I’m back with a...

EURUSD The EUR/USD closed at 12885, which was above the open, and within the prior day's trading range. The High was 5 pips from Precise Trader's Res Zone 1 and the Low was 10 pips from Precise...

In the EM space, disinflation and slow growth remain major themes for most of the countries. Certainly, weaker Chinese readings have gotten the headlines but the malaise is spreading well beyond Asia....

Market Review - 20/05/2013 23:02GMTYen rises on Amari's commentsThe Japanese yen rose against the greenback on Monday after Japan Economy Minister Akira Amari said on Sunday that further losses in the...

Our initial correctional moves have provided some nice plays with the stochastics crossovers playing out well. Hopefully a few of you managed to capitalise on these; apart from that Monday was...

Euro Outlook And LevelsHow Bernanke Poses A Threat To The DollarAUD: Recovery Hinges On RBA MinutesNZD: Lifted By Stronger PMI ServicesCAD: Oil And Gold Prices RecoverGBP: All Eyes On InflationJPY:...

Currently we are at 1.2852. We have had a small retracement at the S5 so we are looking for the continuation to the Day chart bottom at 1.2738 and then the 1.618 support at 1.2710. We are bearish. The...

EUR/USDThe pair settled in minor positive territory on Monday, driven by a weaker USD following a sharp sell-off by USD/JPY after Japan’s Amari said that the correction of the strong JPY is...

Strap on your seatbelts because it is going to be another active and busy week in the foreign exchange market. If you’ve watching the price action of currencies over the past week, month, or...