Forex Opinion & Analysis

EUR/USD The euro remains under pressure and returns to the levels near 1.36 support, following brief corrective attempt, which was capped under 1.3670, previous break point, with marginally lower low...

The USD/JPY is turning into a temporary recovery, and the reason is slow and overlapping price action at the late stage of recent decline that looks like an ending diagonal placed in wave C position,...

Trading was back in full force after the United States Memorial Day and United Kingdom Spring Bank Holiday. There were no UK data releases on Tuesday and the highlight was the speech by the Bank of...

AUD/USD For Wednesday, May 28, 2014Over the last 24 hours, the Australian dollar has been able to rally a little higher and move up to a short term resistance level around 0.9270 before just...

As long as EUR/JPY remains below 139.97, the bearish target remains 136.20, as projected by the triple top. My original analysis highlighted 2 bearish patterns unfolding, each with the same price...

EUR/USDRisk reward: 1.53Trend: DownSell at 1.3637 SL 1.3669 TP 1.3588USD/JPYRisk reward: 1.13Trend: DownSell at 101.96 SL 102.28 TP 101.60GBP/USDRisk reward: 2.09Trend: Strong DownSell at 1.6814 SL...

EUR/USD actually reversed declined to trade up by 4 points at 1.3650 remaining strong against the US dollar as traders expect the ECB to add stimulus next week. Just over a week before the ECB’s...

Dollar: Betting on the Fed Being Wrong? EUR Drifts Lower as ECB Continues to Talk Easing GBP Loses Out on Failed Pfizer / AstraZeneca Deal AUD Erases Gains as Gold Breaks Down NZD: Delayed...

EUR/USDThe euro is moving upwards to reach level of 1.3678 and test it from below; market may even reach level of 1.3707. After that the price may complete this descending wave by forming another...

GBP/USD has lost ground on Tuesday, as the pair trades at the 1.68 line in the North American session. In economic news, British BBA Mortgage Approvals continues to weaken and missed...

Nearer term $ index outlook: USDNo change in the bigger picture bullish view, as the market is still seen likely completing an important low at the May 8th low at 78.90, with at least another month of...

Talking Points Just a squeeze or something more in USD/JPY? USD/CAD turns down from key Gann level EUR/USD still flirting with 200-day moving average Foreign Exchange Price & Time at a...

EUR/USDToday’s session was once again another quiet one for the pair, with EUR/USD trading in a rangebound manner for the first half of the European session, despite EUR managing to gain some...

The Canadian dollar has edged upwards on Tuesday, as USD/CAD trades in the mid-1.08 range early in the North American session. On the release front, US Core Durable Goods and Durable Goods...