Forex Opinion & Analysis

The Euro traded in a strange fashion during the last couple of days. There were some key releases which did not go down well with the Euro buyers. This week the EURUSD pair traded mostly with a...

EUR/USDCurrent level - 1.2519 Yesterday's precise test at 1.2600 sets the end of the consolidation phase above 1.2357 and the outlook here is negative, for a break through 1.2440 crucial low, en route...

Market Drivers for November 20, 2014 EZ PMI miss sending euro to a test of 1.2500 UK Retail Sales better at 0.8% vs. 0.3% Nikkei .07% Europe -.73% Oil $74/bbl Gold $1188/oz. Europe and AsiaCNY: HSBC...

USD/JPY is trading around 116.65 + 0.17% from the opening price, noting the daily high at 117.06 and the minimum - at 116.34. Today, USD/JPY reacted to the news of an early election in Japan in...

On Friday's trading last week on major currency pairs showed a burst of volatility that continued into Monday. After the Euro zone unveiled moderately positive GDP data, euro/dollar rapidly reached...

JPY crosses largely continued their ascent yesterday and overnight, with USDJPY notching new highs for the cycle close to 119 as of this writing and interestingly, doing so without a coinciding move...

KEY DATA RELEASES TODAY:0900GMT EUR Flash Services PMI exp 52.3 v 52.4 0900GMT EUR Flash Manufacturing PMI exp 50.9 v 50.7 1330GMT USD Core CPI m/m exp 0.2% v 0.1% 1330GMT USD CPI m/m exp -0.1% v 0.1%...

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

• EUR/CZK continues to tick higher on a dovish CNB. • The HUF should strengthen on external balances and stable risk sentiment. • Carry continues to support the HUF versus the CZK; we...

The U.S. Dollar traded higher on Wednesday against the majority of its Forex peers as market traders waited for the Federal Reserve to issue the Minutes from the last policy meeting. The greenback...

Talking Points: Euro Gains on Pickup in PMI Readings Unlikely to Yield Follow-Through US Dollar Vulnerable if Soft CPI Print Undercuts Fed Rate Hike Outlook Yen Drops Alongside Japanese...

Cable has double based at 1.5590. This is a bullish sign and therefore one that we want to exploit, especially as the market has turned bullish on the stochastics and RSI too. There's a good chance...

EURGBP same levels apply for today with immediate resistance at 8030 then a selling opportunity at 8047/52. A high for the day is expected but our shorts need stops above 8070.Below 8000 targets...

AUD/JPY immediate support at 3 day lows of 101.35/25. Any longs here today need stops below 101.15. Be ready to go with a break lower today for a move towards good support at 100.80/75. A low for the...