Forex Opinion & Analysis

Τhe dollar remained broadly lower against most major currencies on Monday, as investors stayed on the side lines after major oil producers failed to reach an agreement to cut output and as...

The economic recovery in the Eurozone and the higher surge in oil prices pushed the EUR/USD higher at 1.1345. Market volatility rise as Fed policymaker claimed to stay more cautious about interest...

EUR/USD is showing marginal movement on Tuesday, continuing the lack of movement which marked the pair in the Monday session. The pair is trading at 1.1320 in the European session. On the release...

London Forex Report: Global crude oil prices rebounded from intraday lows on news of an oil industry strike in Kuwait, somewhat reviving market sentiments. This overshadowed scant economic releases...

Commodity currencies extended yesterday’s gains into Tuesday’s Asian session as oil prices recouped most of their losses following the failure of talks on Sunday by major producers to...

EUR/USDRisk reward: 1.44Volatility: AverageBuy at 1.1318 SL 1.1286 TP 1.1364USD/JPYRisk reward: 1.75Volatility: AverageSell at 109.12 SL 109.44 TP 108.56 GBP/USDRisk reward: 2.09Volatility: HighBuy at...

Yesterday’s Trading: Due to a restoral of oil prices and a weakening of the USD, the euro/dollar on Monday lifted to 1.1331. Trades ended at 1.1312. The oil market pretty much fully found a way...

At the end of the previous week, the euro corrected slightly up from its local lows. The pair managed to gain positions amid the weakness of the US currency which lacks support from the Federal...

AUD/JPYShort-term Elliottwave structure suggests that dip to 80.66 ended wave (X). Rally from there ended wave ((w)) flat at 84.77, wave ((x)) pullback ended at 82.09, and pair has resumed the rally...

Britain would be “permanently poorer” if voters choose to leave the EU, George Osborne has warned, as a Treasury study claimed the economy would shrink by 6% by 2030, costing every...

GBP/USD trend line resistance at 1.4280 today with a high as I write at 1.4292 so a break above 1.4300 opens the door to 1.4320/25 and 1.4345/50. If we continue higher look for important 2.5 month...

GBP/USD Open 1.4269 High 1.4216 Low 1.4130 Close 1.4272On Monday pound/dollar increased significantly with 160 pips. The cable appreciated from 1.4130 to 1.4291 yesterday, in line with the positive...

That was a tough old day. It was always touch and go but my outlook was based on what I had considered ‘a not deep enough pullback’ in the Dollar Index. To be honest, any follow-through in...

GBP/USD: Although having followed through higher on Monday, further bullishness is likely. On the downside, support lies at the 1.4250 level where a break will turn attention to the 1.4200 level....