Forex Opinion & Analysis

Wall Street jumped 1.5% and European shares climbed to a seven-year high, with German stocks hitting record highs on Thursday and Asian stocks extending the Global rally on Friday as World Markets...

The following are the intraday outlooks for US Dollar Index, EUR/USD, EUR/JPY and S&P 500 as provided by the technical strategy team at SEB GroupDOLLAR INDEX: At the next key hurdle. The index has...

For the 24 hours to 23:00 GMT, the EUR declined 2.08% against the USD and closed at 1.1366, after the ECB announced its highly-anticipated decision to implement quantitative easing.Yesterday, the ECB...

Further to my recent posts here and here, the EUR/USD Forex pair has reached a potential (double Fibonacci) support level between 1.1205 and 1.13, as shown on the following Weekly chart. A possible...

Why Euro Will Continue to Fall and Our Targets for the Move Race to Cut Benefits the Dollar Sterling Poised to Break 1.50 New Zealand Dollar Falls to 2-Year Lows USD/CAD Hits New Highs on Lower Oil...

Much of the fervor around North America today had less to do with what was actually happening on this continent and more with what was happening in Europe. Of course, by now everyone is aware that the...

AUD/USD has once again dipped to approach its five-year low of around 0.8030 that was hit in early January. Since hitting that low two weeks ago and then rebounding, the currency pair has consolidated...

Talking Points: Head-and-shoulders nearly complete A break of the neckline acts as confirmation Should a break of the neckline occur, a measured move below 14000 in the cards USD/MXN is in the final...

The Canadian dollar stabilized on Thursday as USD/CAD trades quietly in the mid-1.23 range. The pair has taken a pause after posting strong gains a day earlier. Today’s highlight was...

Talking Points ECB Announced 60 Billion Euro Monthly Bond-Buying Program More than expected, EUR/USD moving lower Near-term trend remains bearish inside month long channel This morning the ECB...

The Japanese yen is showing limited movement on Thursday, as the pair trades just under the 118 line in the European session. In the US, today’s highlight is Unemployment Claims, with the...

The day that every currency trader the world over had circled on their calendar has arrived as the European Central Bank has introduced their long anticipated Quantitative Easing program at their...

Expectations were high heading into today’s ECB meeting, but “Super Mario” Draghi was up to the task. As we all know by now, the central bank announced a Quantitative Easing program...

Currently we are at 0.7645 in a triangle. We are looking for a continuation to the Fibo support area @ 0.7534 with an overall target @ 0.7454. The average daily true range (ATR) for the pair currently...