Forex Opinion & Analysis

AUD/USD has been consolidating below 0.7500 and traders definitely don't want to fight back with RBA governor's Stevens comments that the AUD currency is still overbought.0.7470 is showing a good POC...

Greece stays in eurozone. The agreement was reached on Monday after difficult talks between Greece and the eurozone leaders. Greece is going to receive a new bailout program on conditions that the...

Fundamental Forecast for Euro: Neutral - Euro traded broadly higher after Greece delivered meaningful aid proposal. - Greek proposal close to creditors' proposal from late-June. - In sum, aid...

C.F.T.C COT Data USD aggregated net long position decreases 3% to 27Bln EUR net spec shorts decreases 1.9% to 13.7Bln JPY short positioning decreases 19.3% to 6.5Bln AUD net shorts increases 78% to...

Market Commentary EUR/USD opened 80 pips lower than Friday’s close, gapping down for the third week in a row. The market remains choppy but the pair inched higher all morning, following the same...

Capital Markets were promised a final decision on Greece over the weekend. Traders and investors were prepared for the price gap on the open, and instead markets still have to wait until Wednesday for...

EUR/USDCurrent level - 1.1139 The intraday bias is already negative after the recent peak at 1.1215, with a risk of further slide towards 1.0990 static support....

NZD/USD bottomed at 0.6620 and bounced up to 0.6770. This recovery was immediately followed by a new decline to 0.6684 so far. What to expect from now on in the short term? The Elliott Wave Principle...

Greece finally gets the deal with its creditors this morning after painful 6 months. However, the question is if this was a better deal for Greece, which was presented to them when they walked off...

These days, very little attention is being paid to regular economic data releases from Europe, as the Greek saga dominates market reaction. Negotiations are ongoing after Greece submitted a renewed...

Today’s Binary Options Trading Strategy:• Currency Pair: NZD/USD • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

All-night talks between the Greek government and euro zone leaders have resulted in a reform-for-aid deal for the debt-stricken country. Greek Prime Minister Alexis Tsipras yielded to their austerity...

GBP/USDGBPUSD faces difficulties in stabilizing above SMA50 –colored in red- but it stabilized above 61.8% Fibonacci at 1.5470. The bullish direction requires stability above 1.5650 to assist...

GBP/JPY Daily OutlookDaily Pivots: (S1) 187.68; (P) 189.22; (R1) 191.96; Intraday bias in GBP/JPY remains mildly on the upside for the moment. As noted before, the pull back from 195.86 should have...