Forex Opinion & Analysis

EUR/USDThe euro reached the strongest level in almost three weeks earlier versus the dollar amid speculation investors were reducing bets on the European Central Bank unveiling an asset-purchase plan....

NZD/JPY continues to rise after the recent breakout of the daily Pennant chart pattern that was previously identified by Autochartist – as you can see from the following trade opportunity alert...

EUR/USD Daily Analysis: Late signal today! EU charts are as mixed as they come right now. Basic trend analysis is still bullish, with daily charts showing a clear upward trajectory since January...

The U.S. Dollar weakened against the majority of its foreign exchange counterparts following less than stellar economic releases which showed that the world’s largest economy only expanded at a...

For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.9272.In economic news, the Reserve Bank of Australia’s (RBA) index of commodity prices fell to a new four-year...

For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.8793, in a subdued holiday trading session.In the Asian session, at GMT0300, the pair is trading at 0.8797, with...

For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.31, following strong US ISM manufacturing PMI and consumer spending data.Yesterday, an industry report...

For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.3869, in a quiet holiday trading session. However, later during the day, the US Dollar benefitted from data...

EUR/USD - European Session The pair halted the upside move and moved back to the downside after touching levels close to the resistance 1.3905 but is still limited above 23.6% correction at 1.3850, as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 172.51; (P) 172.71; (R1) 173.05; Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 173.14 will extend the second leg from 163.78...

EUR/USD came back down and re-touched support from both the 50-day MA and the major trend-line drawn from the 2008 highs on Wednesday. It was successfully contained and recovered afterwards, moving up...

EUR/USDRisk reward: 2.09Trend: Strong UpBuy at 1.3851 SL 1.3819 TP 1.3918USD/JPYRisk reward: 1.63Trend: DownSell at 102.50 SL 102.82 TP 101.98GBP/USDRisk reward: 2.22Trend: Strong UpBuy at 1.6879 SL...

USD Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Bottom line, respect downside potential as long as price is below 10500. 10385/93 is possible support for a low IF a new low is...