Forex Opinion & Analysis

US dollar is retracing lower on Monday following the sharp growth on Friday. However, we do not expect the bearish correction to be long-lived: strong NFP and average hourly earnings made the markets...

Dow Jones FXCM Dollar Index stands at the cusp of an important move Japanese Yen remains a sell until this changes Our focus remains on our volatility-friendly Breakout2 trading strategy The US Dollar...

OverviewThe main source of traction for FX markets in the early stages of trade stemmed from comments made by a French official who suggested that US President Obama believes the strength of the USD...

AUD/USDMarket Scenario 1: Long positions above 0.7646 with target at 0.7695. Market Scenario 2: Short positions below 0.7646 with target at 0.7567. Comment: The pair trades quiet below pivot point...

EUR/USDCurrent level - 1.1123 Friday's sell-off bottomed precisely at 1.1050 support and current rebound should be considered corrective, preceding another leg downwards, to 1.0880. Key resistance...

EUR/JPYCurrently we are at 140.02 in a triangle. We are looking for a continuation to the Resistance area @ 141.71 with an overall target @ 142.59. The average daily true range (ATR) for the pair...

Forex Trading StrategiesTaken PositionsEUR/USD: long at 1.1100, target 1.1320, stop-loss 1.1010, risk factor **GBP/USD: long at 1.5245, target 1.5420, stop-loss 1.5160, risk factor ***USD/CHF: short...

During the last trading session, GBP/USD fell sharply on US labour statistics. According to the data published, the number of non-farm payrolls grew by 280 thousand in May against a forecast of 225...

The EUR/USD pair has pulled back in an a-b-c correction within a short-term mini-up trend, visible on the 4-hour chart.The a-b-c move has finished and its possible the pair could start to resume its...

Market Commentary The EUR/USD slipped and hit a 1.1048 low on a USD double hitter Friday - firstly, better than expected US nonfarm payrolls data and secondly, the Greek Prime Minister claimed that...

GBP/USD is trading below its downward trend line on a 4 hour time frame. This confirms that the trend is towards the downside. However, the moving averages are mainly used o determine the direction of...

This week the scorecard recommends buying JPY, USD and NOK, and selling SEK, EUR and CAD (see suggested weights in portfolio in table below). Last week's signals resulted in a 0.3% loss. The long NOK...

We had more Greek drama ahead of the weekend as Greek PM Tsipras fired back at Greece’s creditors over their latest proposal, keeping the uncertainty on this issue as high as ever. Not...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/JPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...