Forex Opinion & Analysis

Currently the USD/CHF at 0.9049. We have a bounce on the trend wall and looking for a continuation to the R4 resistance area and 0.9090 with an overall target and 0.9130. The average daily true...

ECONOMIC CALENDAR EUR/USD Germany's central bank is the opinion that the euro zone economy is expected grow more slowly than initially expected during the rest of this year. The Bundesbank said:...

Risk "on" and "off" trading remains the order of the day, at least until the investor is convinced that the geopolitical landscape has changed for the better. If one eliminates geopolitical aggressive...

Ukraine talks make carry attractiveIt sometimes seems as if the markets are happily oblivious to what’s going on in the wider world, but the action Friday and at the opening Monday shows this...

Market BriefIn the Asian session, risk appetite mildly crept back into FX markets. Yet volume was low and direction unconvincing. In the equity space, the Nikkei 225 was up slightly at 0.03%, Shanghai...

The latest IMM data cover the week from 5 to 12 August 2014. IMM data released last Friday revealed that investors for the first time in five weeks added net EUR longs. From a historical...

The euro is calm on Monday, as the pair trades just below the 1.34 line in the European session. In economic news, Eurozone Trade Balance did not impress, as the trade surplus narrowed to a...

The EUR/USD outlook is mixed as we remain in a range from 1.3340/30 up to 1.3430/40 so far this month. Failure to beat immediate resistance at 1.3390 risks a retest of support at 1.3345/35. A break...

The AUD/USD staged a good recovery last week as far as the 100 day moving average resistance at 9335 and topped exactly here. As we know, only a break above here this week would be seen as positive...

The USD/JPY unable to break above 102.70 and that looks like the end of the recovery. Resistance at 102.38/42 is the main challenge for today and below 102.25 keeps the market under pressure for a...

The GBP/USD held extremely important support at 1.6665/60 perfectly last week. This morning we have reached our first target and immediate resistance at 1.6720/25 for a 60 pip profit on our longs....

EUR/USDCurrent level - 1.3386 The broad consolidation pattern above 1.3330 is still underway and the intraday bias is positive, for one more upswing towards 1.3450 resistance zone. On the senior...