Forex Opinion & Analysis

The Japanese yen is flat on Monday, as USD/JPY trades in the high-101 range late in the European session. Trade is expected to be thin, as US markets are closed for the Memorial Day holiday. In Japan,...

Good afternoon, dear traders and investors. The Forex market is not expected to have any active fundamental news background as the U.S. and the UK respectively celebrate the Memorial Day and the...

EUR/USD is crawling up from the lows of Friday and earlier today in the $1.3615 area. Euro’s oversold and there’s divergence in the MACD and RSI at H4. Still, we believe that recovery will...

The euro has remained under pressure following Mario Draghi’s dovish announcements and that has seen the currency fall in four of the last five trading sessions.EUR/USD is likely to remain weak...

Incoming economic data, led by global economic confidence survey came in solid which helped support risk appetite. Yet it was the political landscape which took center stage. With EU parliamentary...

European elections The EU parliamentary elections were perhaps a bombshell in the longer term perspective, but the market isn’t sure what to do with these results in the short term, as the...

Market BriefFX markets are subdued at the start of the trading week with UK and US on holiday and with politics dominating discussions. There is however, a slight cautious tone as Eurosceptic national...

EUR/USD has started the week quietly, as the pair trades in the mid-1.36 range in Monday's European session. There is some nervousness in the markets following strong showings by...

Talking Points:Yen weakens after the Bank of Japan releases their April Meeting Minutes USD/JPY breaks above 102.00 handle following the release BOJ minutes show minority dissent amongst board...

The U.S. Dollar advanced against most of the majors as positive metrics issued by the Commerce Department reinforced the belief that the world’s biggest economy is expanding, especially as the...

EUR/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.3655, which will be followed by reaching support...

GBP/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while the pair is trading below the resistance level 1.6885, which will be followed by it...

EUR/USD The pair dropped last week and kick-started trading Monday with negativity, affected by the breakout below 23.6% Fibonacci correction of the upside wave from the low at 1.2756 to the top at...