Forex Opinion & Analysis

After sliding steeply through the charts recently, Brent Oil found some support around $77.50 last week. Speculation regarding major central banks easing monetary policy further to stimulate its...

Compared to previous weeks, volatility in the Gold markets was quieter than what we have noticed recently. Gold largely traded between $1177 and $1205, with the latter being seen as resistance. The...

After a rollercoaster couple of weeks, the twists and turns on the GBP/USD journey finally showed some signs of slowing down last week. Saying that, the GBP/USD still dropped to another yearly low on...

Once again, the EUR/USD encountered another volatile week. Comments at the beginning of the week from ECB President Mario Draghi indicating any extension to its Asset Purchase Program could include...

USDCNH rose after the People’s Bank of China's surprise interest rate cut last Friday. The pair is now testing the November 7 high at 6.1421 and the downward trend line from the May 28 high. If...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11315, 11278, 11219 Resistance:11374, 11422, 11469 The Dow Jones FXCM US Dollar Index looks poised...

Talking Points: USD/JPY Technical Strategy: Flat Support: 117.48, 116.96, 115.71 Resistance: 119.05, 120.27, 121.79 The US Dollar pulled back against the Japanese Yen as expected after...

EUR/USDIt is going to be a calm week ahead of us. U.S. investors have long weekend due to Thanksgiving on Thursday. That is why we should expect the market volatility to be higher in the first half of...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.1196, 1.1142, 1.1107 Resistance: 1.1266, 1.1320, 1.1466 The US Dollar may have marked a critical reversal downward against its Canadian...

UP NEXT:  JPY: Bank HolidayEUR: German data will be closely watched as they're the largest economy in the [struggling] Eurozone. Business climate peaked in Feb and within a clear downtrend...

EUR/USD dropped more than 200 pips mainly after dovish comments from the President of the Central Bank Mario Draghi. He expressed a special concern regarding the low inflation in eurozone which needs...

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

The euro broke lower overnight and hit 1.2361 support. This was the previous reaction low on the 7th of November and therefore all short positions have been covered. Now there's a Double Bottom in...