Forex Opinion & Analysis

EUR/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.1195, which will be followed by reaching resistance level...

No real change from yesterday's analysis: the dominant down-trend appears to be resuming, and has already fallen as far as my initial target at the Jan 26 close. The down-move has since paused but I...

EUR/USD The euro trades in near-term consolidative phase above fresh low at 1.1158, confirmed by repeated Doji. The upside remains capped at 1.1243, also Fibonacci 38.2% of 1.1378/1.1158 downleg, as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 184.16; (P) 184.53; (R1) 184.92; With 181.65 minor support intact, further rally is expected in GBP/JPY for 187.79/189.70 resistance zone. We'd expect strong...

Talking Points:Aussie Dollar Soars After RBA Unexpectedly Leaves Rates Unchanged New Zealand Higher on Upbeat Commodity Exports, House Price Figures British pound May Not Find Support in Upbeat...

Aside from the Euro, the USD is continuing to extend its gains against its main trading partners on Monday. This is occurring despite the announcement moments ago that personal spending declined more...

GBP/USD has turned sharply to the downside last week exactly from 1.5550 area that we highlighted it as lower side of a resistance zone. Until now market made three waves down only, but we may see...

EUR/USDRisk reward: 1.84Volatility: AverageDown at 1.1212 Limit 1.1244 Target 1.1153USD/JPYRisk reward: 2.06Volatility: HighUp at 119.56 Limit 119.24 Target 120.22GBP/USDRisk reward: 1.72Volatility:...

GBP/USD Open 1.5356 High 1.5435 Low 1.5350 Close 1.5362 On Monday GBP/USD decreased with 85 pips. The Cable depreciated from 1.5435 to 1.5350 yesterday, in line with the negative money flow sentiment...

By this point, you have already probably heard that the Reserve Bank of Australia will be making a monetary policy decision this evening, and that they are expected by a majority of market...

Last week in the members commentary we talked about buying the USD/CHF on a pullback. Notice the corrective pullback which we discussed before. That found some seriously impulsive buying off the 9450...

USD/JPY INTRADAY CHART 3rd March:We saw a triple three after all - and ended this morning at 120.26. That it was a triple three implies that the only option in this Wave -iv- correction must be a...

Talking Points:Aussie Dollar climbed as much as 1% after rate decision RBA leaves rates unchanged at 2.25% vs 2.00% cut expected RBA says further easing may be appropriate over period ahead The...

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