Forex Opinion & Analysis

EUR/USDCurrent level - 1.3702 The downtrend here is intact, heading for a test of 1.3640 support zone. Initial intraday resistance lies at 1.3722 and crucial on the upside is 1.3740. USD/JPYCurrent...

The GBP/USD has edged lower in Friday, as the pound remains under pressure. The pair is trading in the high-1.65 range in the European session. In economic news, Halifax HPI disappointed, posting...

USD/JPY is showing little movement on Friday, as the pair continues to trade slightly below the 104 line on Friday. The dollar continues to trade at high levels as the markets expect good...

Yesterday's European Central Bank (ECB) meeting was not as dovish as I expected as Mario Draghi and company entirely failed to roll out actual new easing measures, such as the much bandied about...

EUR/USD - European Session The pair dropped yesterday and stabilized below 50% correction at 1.3725 levels showing on graph. Stability below the referred to level might extend the downside move to...

A rough night of trading for me, as I had three stop loss orders get hit for losses, knocking my account down about 0.75%. Fortunately I have some floating profits on, so my net account value declined...

EUR/USD is flirting with the 1.37 line on Friday, as the euro continues to lose ground. The euro remains under pressure as the markets are expecting a strong Non-Farm Payrolls release on Friday....

Market BriefToday’s key event is the US jobs data. US will publish March unemployment rate and nonfarm payrolls; the markets expect the US economy to have added 200’000 new nonfarm jobs...

Currently, the CHF/JPY is touching its long term bearish trend line, which is pointing to a bounce of the dynamic resistance line and to move lower. This presents an interesting opportunity as...

On Wednesday, the pair trades on the Australian dollar/U.S. dollar resulted in almost a zero-sum. It is worth noting that during the day of high volatility on the trading floors were not observed,...

Wednesday quote USD/JPY pair finished trading confident again ascendant dynamics, which allowed to close the day at 103.87, which was the maximum close since Jan. 23. "Support" bulls "continues to...

The pair GBP/USD launched its direction last week, showing an increase of 140 points and closed the week at 1.6636. Claims for unemployment and the GDP in the United States looked solid last week;...

The EUR/USD continued its downward movement and Thursday updated at least at the level of 1.3697. The main factor in the dynamics euros April 3 was the ECB's decision on interest rates. Like most...