Forex Opinion & Analysis

EUR/USD Daily forecastMain scenario:The pair is trading along a correction with target on 1.1215. Alternative scenario:A downtrend will start as soon, as the pair drops below support level 1.1085,...

GBP/USD Daily forecast Main scenario:The pair is trading along an uptrend with target on 1.4630 and may be expected to continue, while pair is trading above support level 1.4455 - 1.4400. Alternative...

US Core Retail Sales is usually a good market mover and with the market reacting to the possibility of a rate hike in March (after last Friday’s NFP), today’s release could either confirm...

Key Events This Week: February 8th – 12thSun: JPY – Trade Balance Mon: EUR – German Industrial Production and EZ Investor Confidence Tue: EUR – German Trade Balance, GBP...

The yen has been trending lower against the dollar since 2011. This protracted period of distribution should intensify the decline once the dollar jumps the creek of cause. After that, the majority...

Have we seen this market cycle’s USD index high?Original post

INTRADAY CHART BIAS: While 0.9880- 05 supports we should see a firmer rally Resistance: 0.9925-30 0.9984 1.0030 1.0070-73Support: 0.9905 0.9880 0.9840-56 0.9825 MAIN ANALYSIS: Friday's low came in 5...

EUR/USD: With EUR pulling back ahead of its key resistance following its rally above its declining trendline the past week, EUR/USD looks to pullback ahead of key resistance. On the downside, support...

HighlightsMarket Movers: Weekly Technical Outlook What the January NFP report means for Fed policy Look Ahead: Stocks Look Ahead: Commodities Global Data Highlights Market Movers: Weekly Technical...

Key Fundamental Forex Events for the Week of February 1st through February 5thThe following table lists the key economic data and other events that came out during the week of February 1st through...

Weekly Large Trader COT Report: Currencies US dollar net speculator positions fell last week to +$18.20 billion. The latest data for the weekly Commitment of Traders (COT) report, released by the...

EUR/JPY Demand Near Support Failed Trade The background was weak – one should only look for short trades Prices had just broken a support. This is important because near a support, there will...

In the coming period only the article "Ranking & Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to...

The China currency debate in financial markets is rather interesting right now with many market ramifications. A rapid depreciation in the Chinese currency could lead to an Asian currency market...