Forex Opinion & Analysis

The U.S. Dollar depreciated the most in one month against several trading counterparts after the Federal Reserve announced that it will leave the interest rate near zero for some time to come. Fed...

EUR/USD - European Session The pair soared yesterday trading above 23.6% correction of the bearish wave that started from the top 1.3996 and ended at the bottom 1.3502. The referred to correction...

GBP/JPYDaily Pivots: (S1) 173.20; (P) 173.48; (R1) 173.98; The GBP/JPY's rally continues and reaches as high as 173.92 so far. Intraday bias remains on the upside for 174.74. At this point, we'd...

While Euro recovered against other major currencies, it extended recent decline agains Swiss Franc, with EUR/CHF breaching a near term support level of 1.2162. The IMF urged ECB to consider buying...

EUR/USDRisk reward: 1.56Trend: DownSell at 1.3634 SL 1.3666 TP 1.3584USD/JPYRisk reward: 0.91Trend: NeutralBuy at 101.81 SL 101.49 TP 102.10GBP/USDRisk reward: 1.59Trend: DownSell at 1.7059 SL 1.7091...

We seem to have had a really good forecast for Tuesday with 6 out of the 7 pairs moving in the direction that we had predicted. The GBP/USD, USD/CAD, USD/CHF and EUR/JPY we were spot on, while on the...

The initial target of 0.87 was reached following the RBNZ rate hike and following a quick consolidation and break above this resistance level, may now provide support going forward for new bullish...

Main scenario:The GBP/USD is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.7030, which will be followed by reaching resistance level...

EUR/USDThe euro slipped 0.4 percent, as The 1 billion-euro disbursement that’s on hold is part of an 8.3 billion-euro tranche approved by the euro area in principle in April. Of that, 6.3...

EUR/USD recently broke the daily Falling Wedge – as you can see from the following trade alert for this currency pair. EUR/USD is expected to rise to the target level 1.3706 in the next 3...

For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.9401.LME Copper prices edged down 0.1% or $8.5/MT to $6730.5/MT. Aluminium prices rose 0.8% or $15.5/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0820.Yesterday, the Statistics Canada reported that the ratio of household debt to personal disposable income in...

For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF to close at 0.8940.Yesterday, the SNB President, Thomas Jordan, at a press conference following the central bank’s decision...

For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 101.94.Yesterday, during his testimony before the Upper House Financial Affairs Committee, BoJ Governor,...