Forex Opinion & Analysis

EUR/USDCurrent level - 1.0864 The intraday bias is negative, for a slide towards 1.0790 support zone. Crucial on the upside is 1.0950 and a violation of the latter will challenge 1.1100...

The dollar eased off a one-month low against the other major currencies on Friday, as markets digested the European Central Bank's policy statement on Thursday and after data showed that the U.S....

EUR/USD has lost ground on Monday, as the pair trades slightly above the 1.08 line in the European session. After posting huge gains on Thursday and climbing close to the 1.10 line, the euro has since...

USD/JPYThe daily chart of USD/JPY shows that prices have jumped strongly from 122.30 support to trade again above 76.4% and SMA20-green- with just a few pips. RSI14 is moving sideways despite moving...

GBP/JPY Daily OutlookDaily Pivots: (S1) 185.27; (P) 185.75; (R1) 186.39; Intraday bias in GBP/JPY remains neutral for the moment. Overall, we're still favoring the case that consolidation pattern...

GBP/NZD - fibo 38.2% level stopped declinesSince August 24, GBP/NZD is in a correction. Currently price reached to fibo 38.2% level of full upward impulse. However, it seems that this is not the end...

US jobs calm marketsDigesting Friday’s US jobs number has proved far easier than doing so for Thursday’s European Central Bank meeting by virtue of the number being slightly better than...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7343. LME Copper prices rose 2.48% or $112.0/MT to $4637.0/MT. Aluminium prices rose 2.77% or $40.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 1.0010. The Swiss Franc came under pressure, after Switzerland’s consumer price inflation surprisingly fell 0.1%...

For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 123.22. In the Asian session, at GMT0400, the pair is trading at 123.27, with the USD trading marginally higher...

For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5099. In the Asian session, at GMT0400, the pair is trading at 1.5098, with the GBP trading marginally lower from...

For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.0863. In economic news, German factory orders rose more-than-expected by 1.8% MoM in October, advancing for the...

A sharp decline on USD/CHF from recent highs is having an impulsive personality, so we believe that's first leg of a three wave move down. We need an A-B-C move before we may start looking higher...

Above 1,06, buy signals toward 1,1010. Watch that level for a bearish reversal signal, but buy a confirmed bullish break out towards 1,1275. On the monthly chart the pair is sharply rising from a...