Forex Opinion & Analysis

Short Term Elliott wave cycles suggests that decline to 1.418 ended wave W and bounce to 1.4885 ended wave X. Decline from there is unfolding as a zigzag where wave (a) is in progress as 5 waves and a...

Donald Trump is the next President of the United States of America.As a trader, I’m sure I’m not the only one feeling a little overwhelmed at how to handle these wild market moves as the...

EUR/USD: The pair rejected its intra day gains to close lower on Thursday. This development leaves risk lower in the days ahead. On the down, support lies at the 1.0900 level where a violation will...

It has been a choppy 12-16 hours in the FX markets, with the market ready to buy the USD on a Clinton win to the US presidency, while sellers were ready for a Trump win. Going into the vote count,...

On the NZD/USD chart we are looking at a probable corrective retracement taking place, with price trading higher this week, in final wave C. As we see on the 4h chart, pair reached resistance area...

The EUR/USD 5-minute chart had a 200-point rally and then a 200 point selloff. It is forming a wedge bottom at the low of the rally. The odds favor 2 legs sideways to up and then a trading range. The...

AUD/USD WEEKLY After breaking the 3-year falling trendline resistance the rate has found the horizontal 0.7750 resistance once again and is now trading within a very narrow range between this level...

Risk aversion swept across the financial markets during early trading on Wednesday after the unexpected Trump presidential victory soured investor risk appetite. Global sentiment was dealt a...

As expected, last night's vote in the States created huge amounts of volatility across global currency markets. The shock win by Republican candidate Donald Trump caused some of the biggest swings in...

Forex News and Events The American election reached its epilogue very early this morning, even though Trump’s victory was widely unexpected by financial markets, with polls largely anticipating...

EUR/USD is showing gains on Wednesday, in a session marked by sharp volatility. Currently, the pair is trading at the 1.11 line. The pair has taken traders on a roller-coaster ride, surging as high as...

Trump's victory reflected on the EUR/USD pair during both the election and after London open. The pair spiked exactly as predicted in the latest EUR/USD analysis. As expected, the USD plummeted at the...

What was feared is now official: Donald Trump was elected U.S. President.What a thrilling election night! The results showed a much closer contest than expected. Markets are even more nervous as...

The dollar crushed by more than three percent against the yen while the Mexican peso reached record lows early on Wednesday, as Republican Donald Trump surprisingly took the lead in the race for the...