Forex Opinion & Analysis

EUR/USDThe euro rose as the dollar dropped to the lowest level in more than five months against a basket of peers as the threat of more stimulus from the European Central Bank dissipated and U.K....

The U.S. dollar declined for the second day in a row versus the euro and traded low against most majors as investors awaited the publication of the FOMC’s meeting minutes in order to gather...

Gold Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1304, which will be followed by reaching resistance level...

GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.6720, which will be followed by reaching resistance...

EUR/USDMain scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.3770, which will be followed by reaching resistance level...

USD/JPY Open 101.87 High 103.12 Low 101.53 Close 101.79On Tuesday the USD/JPY continued decreasing strongly with 160 pips. The currency couple depreciated from 103.12 to 101.53 yesterday, matching the...

EUR/USD - European Session EUR/USD inched higher yesterday pushing it to stabilize above 1.3780, which is positive and could give the pair further bullish momentum to test levels close to...

GBP/JPYDaily Pivots: (S1) 170.69; (P) 171.14; (R1) 171.62; Intraday bias in the GBP/JPY remains mildly on the downside for the moment and deeper fall would be seen to 167.77 support. As noted before,...

The USD/JPY has been trading with in a trend channel since late January as you see in the chart above. This week we tumbled back towards the lower channel support at 101.50 and bottomed exactly here...

The AUD/USD unexpectedly beat 9335/40 to reach 9386. We are severely overbought and this could be the last gasp higher as we hit longer term Fibonacci resistance at 9395/9405. It would be surprising...

USD/CHF has turned nicely to the downside since Friday, clearly in impulsive manner. Notice that market also retraced back to the area of wave B swing low after a broken support line of an upward...

EUR/USD bear pressures intact whilst below 1.3815/20, to aim for 1.3645 through mid-AprilA better recovery effort than anticipated, but we continue to look for 1.3815/20 to cap to maintain the...

AUDUSD – Role Reversal Level Holds & ProfitsIn our members daily market commentary yesterday, I suggested getting long around the breakout pullback level marked on the chart. This was...

EUR/USDRisk reward: 1.75Trend: UpBuy at 1.3779 SL 1.3747 TP 1.3835USD/JPYRisk reward: 2.25Trend: Strong DownSell at 102.16 SL 102.48 TP 101.44 GBP/USDRisk reward: 2.31Trend: Strong UpBuy at 1.6730 SL...