Forex Opinion & Analysis

The Aussie can’t catch a bid and a key trend-line in AUD/USD is in play this morning. Meanwhile, sterling is trying to put up a fight after yesterday’s BoE inflation report. The market is...

The euro remained under pressure on Thursday after weak GDP data was released Wednesday. The figures indicated that the European Central Bank's prediction of growth in the second half of 2013 is...

Apple (AAPL) after having managed to stage a big upward move from $382 to $463, it now returns downwards with increased volume. Prices managed from late April to break short term resistance levels and...

EUR/USD is under pressure, as the pair trades in the high-1.28 range in Thursday’s European session. The euro lost ground on Wednesday following weak GDP numbers out of the Eurozone. US...

Is it really the best of a bad lot? Even disappointing PPI and manufacturing data yesterday suggests that the US recovery is somewhat uneven. So far this has not been able to stall the...

USD/JPY continue to look bullish, keeping itself above the new 102.0 footing that we’ve discussed yesterday. Despite the correlation that we’ve seen previously, USD/JPY managed to hold its...

USD rallied during the European day yesterday as the GDP figures confirmed that the Eurozone is well and truly in recession, plus French prices showed disinflation. However enthusiasm for the US...

The much anticipated Bank of England quarterly inflation report saw marginal upward revisions to the growth forecast (to 0.5% this quarter) whilst the inflation outlook was revised marginally lower....

EUR/USDNobody was surprised at the eurozone's sixth consecutive quarter of contraction; the region had contracted more than forecast. The seventeen-nation economy shrank 0.2 percent in the first...

The U.S. dollar had some weakness against the Japanese yen in the wake of stronger-than-expected Q1 GDP, helping the pair test below the 102 level.Trade Idea USD/JPYEven though a quiet session, the...

As you can see from the following trade opportunity alert that I received today through Autochartist’s email subscription, Autochartist has recently identified the Head and Shoulders chart...

Yesterday’s EUR/USD Signal Result: Lots of volatility yesterday whipped us out of three positions (AU, GU and UJ) and almost knocked us out of our EU short.That short was triggered on the 1.2907...

The U.S. Dollar rallied to nine-month highs versus most of the majors, but struggled to retain its strength following a flurry of disappointing economic data. Official metrics showed that...