Forex Opinion & Analysis

EUR/USD area tailwinds keep building - more upside risk to growth. US and Chinese data disappoint. Euro stocks in historic outperformance - more to come. New lows in euro yields - it's all about...

In the beginning of February, we posted a forecast of EUR/AUD, called “EUR/AUD Ready For Another Sell-Off”. In that material we applied the Elliott Wave Principle to the 4-hour chart of...

KEY DATA RELEASES TODAY (GMT) : 0900 GBP MPC Member Shafik Speaks 1230 USD PPI m/m 0.2% -0.8% 1230 USD Core PPI m/m 0.1% -0.1% 1200 USD Prelim UoM Consumer Sentiment 95.6 93.6 1515 GBP MPC Member...

The USD/JPY pair is consolidating in a sideways range just above the R1 monthly pivot at 121.11, after breaking out of a triangle. Overall it is in an up-trend on most time-frames, and this up-trend...

NZD/USD has recovered after RBNZ rate decisionNZD/USD has reversed the trend after RBNZ decided to keep the rates unchanged. From technical standpoint NZD/USD is standing at first POC (L3, 38.2) at...

EUR/USDCurrent level - 1.0590 The rebound after 1.0490 failed to break through 1.0670 resistance zone, but while the intraday support at 1.0557 is intact, the outlook here will be positive, for a rise...

EUR/USD - Technical Report The pair has respected our suggested recovery scenario and soared beyond the defined technical objective at 1.0650. These areas has limited the bullishness and started to...

Forex News and EventsIt has been a highly volatile week for the EUR-complex. EUR/USD dropped more than seven figures (week high 1.1241, week low 1.0495) starting from Monday as the ECB officially...

Trading the News: Canada Net Change in Employment A 5.0K contraction in Canada Employment paired with an uptick in the jobless may drag on the loonie and produce fresh 2015-highs in USD/CAD as it...

Market Drivers For March 13, 2015 Sideways markets as little news to drive trade NZD Business Manufacturing improves Nikkei 1.39% Europe .05% Oil $47/bbl Gold $1158/oz. Europe and Asia:NZD: Business...

USD/JPY has scope for gains to the multi-year high of 122.01 hit on March 10th, 2015. Looking at the daily chart, the tenkan-sen and kijun-sen lines are positively aligned, which adds to the upside...

The EUR/USD pair is rising in a correction after making fresh lows at 1.0493. It is probably forming a classic a-b-c 3-wave correction with waves A and B already completed and C yet to come. If C...

Aussie looking quite strong now in the short term and even the medium term. Charts are beginning to change bullish. Now bullish is probably not a word I could use for currencies at the moment, rather...

EUR/USDRisk reward: 2.50Volatility: HighDown at 1.0635 Limit 1.0667 Target 1.0555USD/JPYRisk reward: 1.00Volatility: LowUp at 121.31 Limit 120.99 Target 121.63GBP/USDRisk reward: 2.00Volatility:...