Forex Opinion & Analysis

The price action has drifted above and below $400 in recent days and Bitcoin (BTC-eUSD) saw large selling pressure that pushed the price to a low of $375.00, slightly above the low posted last week at...

Yesterday was very much a placeholder day within markets as traders waited on the juicier cuts of the economic animal later in the week. Today’s starter, however, is a crucial figure for...

Hello, dear traders! The new week has started, so we are once again here for you with the daily trading plans.EUR/USD: The pair pushed higher on the wave of short-covering, but failed to fix above...

EUR/USD The Euro failed to sustain Friday’s gains and clear pivotal 1.2576/93 barriers, 04 Nov lower top / bear-trendline off 1.2884 and reversed back to 1.2420 zone, Fibonacci 76.4%...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.14; (P) 182.26; (R1) 183.43; At this point, GBP/JPY is holding above 181.07 minor support and intraday bias remains neutral. As long as 181.07 support...

Aside from investors closing positions on the Dollar, the Cable continues to look bearish with the pair already softening by as many as a further 120 pips on Monday following Barclays and HSBC pushing...

The dollar was stable against the yen, as there were rumors that the Japanese Prime Minister could call early elections and announce a postponement to the sales tax hike as early as today. Dollar /...

The main news yesterday was the inability of the JPY to maintain a rally attempt in the wake of the weak third-quarter Japanese GDP data released early Monday, as USDJPY snapped back above 116.50 and...

Talking PointsStrategy: Short, Stop: 1.2500 (Daily Close), Target: 1.2360 Risk Returns To 1.2360 As Bearish Pattern Emerges Doji On H4 Suggests Traders Lacking Inspiration EUR/USD has slid below the...

Talking PointsStrategy: Long (1.1280), Target: 1.1460, Stop 1.1270 (Daily Close) Clings To Key Support With Reversal Formations Absent H4 Chart Leaves Clearer Candlestick Cues Desired USD/CAD...

The U.S. Dollar traded higher against several currencies subsequent to economic reports released on Monday showing that the New York Manufacturing Index printed at 10.2 for November, after posting at...

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

EUR/USDThe euro remained lower against the dollar on Monday as a shock contraction in Japanese third quarter growth weighed and Germany’s central bank warned that economic growth will remain...

- U.K. Consumer Price Index (CPI) to Hold at Annualized 1.2% for Second-Month.- Core Rate of Inflation to Rebound from Lowest Reading Since 2009. Trading the News: U.K. Consumer Price Index Beyond...