Forex Opinion & Analysis

The U.S. Dollar strengthened against the majority of its trading counterparts as more positive data continued to flood in, and as China disappointed investors with lackluster economic reports...

USD/JPY Open 101.78 High 102.16 Low 101.25 Close 101.79On Monday, the GBP/JPY traded within 65 pip range. The currency couple depreciated from 102.16 to 101.51 yesterday, not matching the positive...

EUR/USD - European SessionThe pair moved to the upside after failing to stabilize below 1.2970 and Stochastic offered a positive crossover. The pair is stable below Linear Regression Indicators for...

by Kevin DavittI believe the risk vs potential reward of being long the Aussie dollar is skewed the right way at present.The Currency markets have been particularly volatile since the JPY/USD broke...

USD/CHF USD/CHF closed @ 9575 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 5 pips from Precise Trader's Sup...

Market CommentaryAfter the Dollar Index (DX) appreciated from 81.80, it is trading at 83.06 with 83.50 acting as intermediate resistance. A daily close above 83.50 ranges would open room for the...

GBP/USD Open 1.5297 High 1.5386 Low 1.5276 Close 1.5294On Monday, the GBP/USD continued decreasing with 110 pips. The Cable depreciated from 1.5386 to 1.5276 yesterday, in line with the negative money...

Yesterday’s FX developments didn’t come as a surprise. In fact they were pretty much in line with my general impressions. The more sideways consolidation in EUR/USD and USD/CHF were...

The USD/JPY broke higher last week, out of a triangle pattern that we have been tracking since mid-April. This triangle has been placed in wave four, so we must be aware of a bearish reversal in the...