Forex Opinion & Analysis

Is It Time For A Recovery In AUD/JPY?

Is It Time For A Recovery In AUD/JPY?

AUD/JPY traded yesterday and today during the Asian and EU sessions. The recovery started after the pair hit support at…
Fed Hawks Gain The Upper Hand And Turn The Dollar Around

Fed Hawks Gain The Upper Hand And Turn The Dollar Around

Yesterday, we had an opportunity to see how much the market is dependent on the Fed’s monetary policy expectations. Speculations…
EUR/USD Breakout

EUR/USD Breakout

Bearish USDX is bullish and uncommitted at the time of this post. EUR/USD hasa bear flag pattern (bearish) in play…
USD/JPY, EUR/JPY, CAD/JPY Forecast

USD/JPY, EUR/JPY, CAD/JPY Forecast

USD/JPY shorts at 109.60/70 worked perfectly with a 70-80 pips profit as we bottomed exactly at strong support at 108.95/85.…
AUD/USD, NZD/USD, AUD/JPY Forecast

AUD/USD, NZD/USD, AUD/JPY Forecast

AUD/USD topped exactly at minor resistance at 7410/20 and bottomed exactly at the first target of 7370/60 for a 50…
Dollar shines after Clarida, BoE in the spotlight

Dollar shines after Clarida, BoE in the spotlight

Dollar climbs as Clarida beats the rate hike drums, ISM hits record Bank of England meets today, sterling reaction hangs…
Chart Of The Day: AUD/USD

Chart Of The Day: AUD/USD

AUD/USD Daily Chart. AUD/USD was the chart of the day on July 27th, and once again we are back at…
EUR/USD: Odds Favor Second Leg Sideways To Up

EUR/USD: Odds Favor Second Leg Sideways To Up

EUR/USD forex daily chart Forex 1st leg up from consecutive wedge bottom After consecutive wedge bottoms on July 21, odds…
GBP/CHF Breakout

GBP/CHF Breakout

Bearish USDX is bearish and uncommitted at the time of this post. GBP/CHF has an abc corrective pattern ( bearish)…
New Zealand Dollar Soars On Stellar Jobs Data

New Zealand Dollar Soars On Stellar Jobs Data

The New Zealand dollar is enjoying a banner day, as the currency is up 0.78% and is closing in on…
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