Forex Opinion & Analysis

The dollar advanced on Thursday against most major currencies, recovering most of the drop posted on Wednesday, after initial unemployment claims in the U.S were announced lower than expected for last...

Main scenario:The pair is trading along an sideways trend.An uptrend will start as soon, as the pair rises above resistance level 1189, which will be followed by moving up to resistance level...

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue in case the market rises above resistance level 1.5530, which will be followed by reaching resistance level...

Main scenario:The pair is trading along an sideways trend before US NFP news, with possible correction after them to 1.1350 and next rebond to 1.1225.The uptrend may be expected to continue in case...

EUR/USDCurrent level - 1.1238 The intraday bias is bearish after yesterday's reversal below 1.1400 and key resistance is projected at 1.1290. A break through the later is needed to signal a positive...

This trading week the Yen has grown steadily against the USD. However, yesterday’s positive US statistics helped the USD win back lost positions almost in full measure.Today, investors are...

KEY DATA RELEASES TODAY (BST) : 09:30 GBP Trade Balance -9.8B v-10.3B 13:30 USD Unemployment Rate 5.4% v5.5% 13:30 USD Non-Farm Employment Change 228K v126K 13:30 USD Average Hourly Earnings m/m 0.2%...

Market BriefBetter-than-expected initial jobless claims stopped the greenback sell-off and allowed the dollar index to erase previous losses after reaching its lowest level since February 19. Report...

UK markets have surged higher in the early hours of Friday, with both the FTSE and Pound enjoying an unexpected round of bullish momentum as the initial results from the UK general election suggest...

The UK election is leaving the pound in a lurch verses other currencies as uncertainty continues to reign in the market over one of the closest elections in history. UK data this week has shown some...

EUR/USD The pair extends correction from fresh high at 1.1390, posted yesterday and attempts below 1.1200, round figure support and 1.1189, Fibonacci 61.8% of 1.1064/1.1390 upleg. Broken daily...

EUR/USDRisk reward: 2.53Volatility: HighDown at 1.1229 Limit 1.1261 Target 1.1148USD/JPYRisk reward: 1.41Volatility: AverageUp at 119.82 Limit 119.50 Target 120.27GBP/USDRisk reward: 3.09Volatility:...

The UK election results are a shocker – after so many signs and stories regarding the intense uncertainty and risk of a hung parliament or weak minority government, it looks like we are headed...

EUR/USDToday’s support: -1.1181 and 1.1160(main),where correction is possible. Break would give 1.1138, where correction also may be. Then follows 1.1109. Break of the latter would result in...