Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0722, after the Euro-zone’s consumer confidence index fell unexpectedly to a level of -4.60 in April,...

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

Key Highlights · New Zealand dollar was crushed against the US dollar after a speech by the Reserve Bank of New Zealand’s Assistant Governor John McDermott. · NZD/USD breached the...

1. Background (100) was strong2. There was a strong signal near the support, which means there was demand3. Wait for an entry bar near the support. The Yen gave plenty of chances to enter, and some...

Good morning. Hope all is well. We have had a good forecast for yesterday with an 86% accuracy. US dollar was sidelined while Japanese yen weakened as expected. British pound, euro and US dollar pairs...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Where to Sell the British Pound Euro Traders Brace for PMIs USD/JPY Ticks Up on US Data AUD Soars on CPI, Chinese PMI Next CAD:...

The tenor of the North American trading session so far this morning has been primarily positive as US data has been encouraging and equity markets have popped higher as we approach the lunch hour. The...

The U.S. dollar is easing back a smidge in early US session trade, driven primarily by buying pressure in GBP/USD in the wake of slightly more bullish BOE minutes. As we noted yesterday, the...

The 1-minute chart for the GBP/USD delivered a masterclass of price manipulation by the insiders ahead of the BOE release at 9.30 this morning. At just after 9 am UK time the pair moved sharply lower...

USD/JPY Open 119.63 High 119.80 Low 119.33 Close 119.62 On Tuesday Dollar/Yen decreased insignificantly with 45 pips. The currency couple depreciated from 119.80 to 119.33 yesterday, not matching the...

While the FTSE has suffered losses following the news regarding Tesco (LONDON:TSCO)’s results, I am looking at the increased possibility for further declines over the upcoming days. Not only is...

EUR/GBPCurrently we are at 0.7126. We are looking for a continuation to the S7 support area @ 0.7019 with an overall target @ 0.6947. There is little to stop this in this area. The average daily true...

AUD/USD - Technical Report The four-hour chart of AUD/USD proves that the pair has found a very solid support at 38.2% Fibonacci level. Currently, the pair is re-attacking the 61.8% resistance along...

EUR/USDCurrent level - 1.0760 A reversal has been confirmed above 1.0650 and the intraday bias is already positive above 1.0710 support, for a rise towards 1.0850, en route to...