Forex Opinion & Analysis

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...

EUR/JPYCurrently we are 114.27. If we can break this support, we are looking for an move to the 0.786 Fibo @ 113.13. The overall target is 112.34. The average daily true range (ATR) for the pair...

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...

USD/JPY has posted sharp losses in the Wednesday session, as the pair trades just above the 1.03 level. The pair has taken traders on a roller-coaster ride, dropping close to the 101 line, before...

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...

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...

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...

EUR/USD Weekly Trend: Overbought 1st Resistance: 1.1241 2nd Resistance: 1.1303 1st Support: 1.1115 2nd Support: 1.1060 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of...

Just two days ago, on Monday, while USD/CHF was trading around 0.9785, we published “USDCHF Is Not The Pair to Buy Right Now”, citing that it “could be expected to continue to the...

Trump Victory Throws Into Question December Fed HikeRepublican Donald Trump stunned the world on Tuesday by defeating heavily favored Hillary Clinton in the race for the White House, ending eight...

Markets react positively to President-Elect Trump’s victory speech after a tumultuous day in Asia.Well what most thought could never happen, has! The black (orange) swan event that was...

Good morning traders. As we already know Mr. Trump is elected as the new president of the USA surprising markets expectations. Indicies dropped to around 100 points (S&P 500) during night and it...