Forex Opinion & Analysis

No major U.S. economic reports are scheduled for release, today. so we'd like to talk about the uncertainty of the Federal Reserve's monetary policy and its impact on the U.S. dollar. Since the...

In the past 24-hours I’ve been reading the postmortems on the Trillion-dollar coin. After watching the Sunday 'talking heads', I think the press is missing the story. The key sentence from the...

The greenback retreated from 30-month high against the Japanese yen on Tuesday on profit-taking amid speculation that the Bank of Japan is likely to ease monetary policy more aggressively in near...

EUR/USDThe pair settled the session little changed, as market participants used what was generally a quiet trading session in Europe as an opportunity to consolidate in the mid-1.3300 region....

Currently we are at 0.8319 and have a little more to the first resistance. The target area up is the 1.270 Fibonacci extension at 0.8383 then 0.8412. The average daily trading range (ATR) is 44 pips...

EUR/USDCurrent level - 1.3356Friday's break beyond 1.3310 highs signals, that the uptrend has been renewed, targeting new highs above 1.3500. The intraday bias however is negative and I expect a...

EUR/USD Today’s support: - 1.3314 and 1.3286 (main), where a correction is possible. A break would give 1.3260, where a correction also may be. Then follows 1.3233. A break of the latter would...

The underlying trends seen this year have continued, but after strong follow through in Asia, a more subdued tone has been seen in Europe. The US dollar is generally softer, except against the yen and...

Last week ended quite unexpectedly, as bulls managed to set new long-term highs. The beginning of the week was not very promising. The price was closed under the 1.3130 resistance and could not break...

This week, the scorecard recommends buying AUD, CAD and NZD while selling SEK, CHF and EUR (see suggested weights the PDF file below).This week the scorecard recommends buying the three commodity...

EUR/USD continues its firm upward movement, provoked by Draghi's Thursday ECB speech. The pair is now trading around $1.3380. The long-term picture remains positive for the single currency. On Friday...

Federal Reserve Bank of Chicago President Charles Evans said the U.S. central bank should maintain its policy of accommodation to support the economy while lawmakers reduce government spending to tame...

USD/JPY Open 89.43 High 89.68 Low 88.73 Close 89.17On Friday USD/JPY continued increasing with 70 pips. The currency couple appreciated from 88.73 to 89.46 on Friday, matching the positive money flow...