The Yen has been on a tear lately, driving the USD/JPY pair down to below the 90 figure. In particular this month a massive imbalance developed that can be seen from COT data and may yield a profitable opportunity soon. Let’s look at the factors that have been driving this pair lately [...]

One way of understanding what the market is feeling is to look at how price reacts to stimuli in the market such as economic data and central bank speeches. On an intraday basis, price is simply too random to predict because price movement is dominated by import and export transactions. During the [...]

The pound has started off the new year with a struggle and will require some good forex strategy to trade it profitably. Last week we saw the pound increase due to optimism ok a UK recovery. However, let’s look at the negative factors beginning to develop in this week’s forex forecast so that you can [...]

Today’s “Outside the Box” Forex strategy video is on the British Pound. This currency has been taking a beating lately, despite the weak fundamentals of the US Dollar. We have a short bias on the GBP/USD pair for the time being, and are aware that any shift in perception to the Pound being a “discount [...]

Warning: parts of this article (in particular the currency options section) may be for more advanced readers/traders
While most of us have focused for good reasons (liquidity, transparency) on the major currency pairs such as EUR/USD or USD/JPY, there’s a great opportunity waiting out there for those willing to take a chance with less well-known currencies [...]