Forex Opinion & Analysis

The yen spiked briefly across all currencies last night -- and I had an entry order there that got filled on it. The chart below illustrates my entry point (black line), stop loss (red), and target...

USD/JPY is steady as we start the new trading week. The pair is trading in the high-102 range in Monday’s European session. USD/JPY briefly darted above the 103 line on Friday, but has since...

EUR/USDCurrent level - 1.2862The bias on the senior frames continues to be negative, for a tight test of 1.2750 area, before reversal of the downtrend from 1.3193. Crucial on the upside is 1.2928....

This week, the scorecard recommends buying JPY, NOK and NZD while selling USD, AUD and CHF.All input factors with the exception of FX scores currently favour long JPY and NOK positions, and thus the...

Aussie has corrected overnight, but still within its downtrend channel which we hit at 9786. The market went to 9793 and has backed away from this resistance. Short term charts are overbought on this...

The USD/JPY pair fell from its resistance level on a 30 minute time frame. This resistance level was given in our analysis on the 16th of May. The price has clearly broken its upward channel and it...

Most of continental European markets are closed today for Whit Monday and Canadian markets are closed for Victoria Day. With important data and central bank officials speaking later this week, the...

It’s a very quiet start to the new trading week, as the EUR/USD trades in the mid-128 range in Monday trading. The French and German markets are closed today for a holiday, so trading will be...

Market Drivers for May 20, 2013Japanese Economics Minister suggests that yen weakened enoughItalian data improves boosting euroNikkei 1.47% Europe 0.24%Oil $95/bblGold $1347/oz.Europe and AsiaEUR:...

Friday’s economic reports indicated that U.S. Consumer Sentiment climbed to the highest level since 2007 while the index of Leading Indicators more than doubled economists’ forecasts, two...

USD/JPY Open 102.80 High 103.31 Low 102.07 Close 103.18On Friday Dollar/Yen resumed increasing with 125 pips. The currency couple appreciated from 102.07 to 103.31 on Friday, matching the positive...

The market is trying to decide whether the US dollar has bitten off more than it can chew this week. Meanwhile, the Japanese government has issued JPY-supportive comments – these could be a game...

EUR/USDTrading range: 1.2825 - 1.2900Trend: NeutralBuy at 1.2836 SL 1.2804 TP 1.2886USD/JPYTrading range: 102.85 - 102.20Trend: NeutralSell at 102.75 SL 103.07 TP 102.3 GBP/USDTrading range: 1.5170 -...

BERNANKE IS GOING TO EXPLAIN HIS ECONOMIC VIEWOn May 22nd Mr. Bernanke will be heard by the Fed, and will show the state of the economy, in addition to the publication of the minutes of the recent...