Forex Opinion & Analysis

The US dollar index posted one of its strongest gains having shown little to no pullback in the rally that saw the dollar index rise above the 100 psychological level. With a slow and short trading...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0679 2nd Resistance: 1.0713 1st Support: 1.0614 2nd Support: 1.0555 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of...

A strong rally on USD/JPY last week above 106.00 suggests that market is in a bigger and more complex recovery which can be wave B of a higher degree as shown on a daily chart. If that's the case then...

EUR/USD Drifts Lower as Political Risks Emerged EUR/USD opened Monday's trading sessions with an-opposite-bullish-trend after 12 bearish consecutive sessions. The pair has been cornered by strong US...

The EUR/USD started the week rangebound within 1.0579/1.0615. Although, the widening policy outlook between the Federal Reserve (Fed) and the European Central Bank (ECB) hints at a further extension...

The US dollar added to last week’s gains and rose above the 111 yen level in Monday’s Asian session as investors expect the Federal Reserve to hike rates in December. Oil was in focus...

Key Points: Euro likely to remain bearish in the week ahead. Watch for the US Markit Flash Manufacturing PMI. Selling pressure likely to remain in place whilst FOMC meeting looms. The euro continued...

Back in the first week of November we had EUR/USD in focus with this to say as the monthly approached a major trend line support level: Price just isn’t going to crack and say goodbye to a...

INTRADAY CHART BIAS: While 110.65-75 supports we should see gains towards 111.20-24 and later 111.35 Resistance: 111.17-24 111.35 111.52 111.88Support: 110.65-75 110.41-50 110.10-15 109.75-79 MAIN...

Gold: Having the commodity closed lower the past week, further bearishness is envisaged. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00...

The rally of the US dollar has been impressive during last week 14th-18th November 2016. The dollar showed strength and significant revaluation against major currencies. The EUR/USD pair closed on...

Germany's DAX Index is forming a 4 month-long rectangle chart pattern. Rectangles are classified as continuation chart patterns. Breakouts are usually in the direction of the previous trend. Since the...

In the Currency Strength table, the USD was the strongest currency and the EUR the weakest. The AUD is in a dip with a score of 2 and the CAD on a high with a score of 6. The JPY lost a lot of...

The Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(5X) followed by the NZD(3x). The weaker currencies are the EUR(3X)...