The USDCAD ended the week with a bang. The pair rallied nearly 200 pips in an 8 hour period that began at 6 a.m. EST. Such movements are indicative of...

Forex Forecast- try saying that three times fast! The Market Oracle, an online financial publication, has done even better, preparing a one-year forecast for all of the major currencies along with a detailed analysis of the major factors driving each currency in the month of February. The Dollar and...

GBP/USDs retreat from 1.9737 extends further to 1.9599 in early US session, touching 4 hours 55 EMA as expected. At this point, intraday outlook remains neutral. As discussed before, an intraday top is in place at 1.9737. But, rise from 1.9386 could still be in force as long as downside...

USD/CHFs sharp fall from 1.1105 and break of 1.0935 support indicates that rebound from 1.0729 has completed at 1.1105, after just failing mentioned key near term resistance of 1.1120 cluster resistance (38.2% retracement of 1.1596 to 1.0836 at 1.1126 and 138.2% projection of 1.0836 to 1.1120 from ...

The Japanese yen and Swiss Franc are boosted in early US session after a surprisingly weak NY State Manufacturing index spurred worries on risks of deeper slowdown and recession in the US economy. The index unexpectedly sank from 9.0 to -11.7, marking the first contraction reading in nearly three ye...