Forex Opinion & Analysis

EUR/USD - looking to sell a rally. EUR/GBP - the head and shoulders pattern is moving along nicely. Original post

USD/CHFAlthough the trading range on USD/CHF remains tight this week, we see how the pair continued to stabilize above 0.9860-0.9850 supports, neglecting the oversold sign on RSI14 over daily...

While the British pound rose on eased concerns about a potential Brexit scenario, the euro fell victim to renewed U.S. dollar strength. The greenback was supported by the shift of the market's rate...

EUR/USD is showing little movement on Wednesday, following sharp losses in the Tuesday session. The pair is trading at 1.1150. On the release front, German Ifo Business Climate improved to 107.7...

Yesterday the pair significantly grew. The pound was supported by the results of the latest public opinion survey regarding the upcoming referendum on UK’s membership in the European Union....

Carney 3 Rees Mogg 0We thought that Carney may double-down on his warnings of recession in his testimony to the Treasury Select Committee, but the way that he and the other members of the MPC being...

For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.7176. Yesterday, in China, Australia’s largest trading partner, data showed that the nation’s CB...

For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.3133. In the Asian session, at GMT0300, the pair is trading at 1.3113, with the USD trading 0.15% lower from...

The GBP/USD rallied and touched 1.4660 high as Carney defended Bank of England (BOE) recent actions. Governor Carney insist that inflation target will be reached and the latest poll showed strong...

For the 24 hours to 23:00 GMT, the USD strengthened 0.65% against the JPY and closed at 109.96. In the Asian session, at GMT0300, the pair is trading at 110.1, with the USD trading 0.13% higher from...

For the 24 hours to 23:00 GMT, the GBP rose 1.02% against the USD and closed at 1.4628, after a fresh poll indicated renewed support for Britain to stay in the European Union, thus easing Brexit...

For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1139, after the Euro-zone & German ZEW surveys reflected weakening economic sentiment. Data showed that the...

Main scenario:The pair is trading along a sideways trend between support 1.4600 and resistance 1.4670, where downtrend will start as soon, as the pair drops below support level 1.4600, which will be...

EUR/USDMain scenario:While pair is trading above support 1.1135, a correction can be made to resistance level 1.1160 - 1.1180. The downtrend may be expected to continue in case the market drops below...