Forex Opinion & Analysis

European SessionEUR/USD The pair managed to move to the uspide yesterday but is still limited below Linear Regression Indicators and below resistance level 1.3850. The daily closing was achieved below...

EUR/USD The euro has established positive tone on hourly chart, consolidating 1.3704/1.3807 recovery rally, despite failure to clear important 1.38 barrier, where 4-hour 55SMA capped for now....

The Indian rupee stayed stable today, with muted reaction following the latest Reserve Bank of India policy announcement. To be fair, the central bank did not surprise the market, opting to hold...

Asian data has started April off in mixed fashion as we lead off the real data barrage that this week has to offer. Two separate measures of Chinese manufacturing have shown differing courses for the...

EUR/USDEuro-area inflation slowed in March by more than economists forecast to the lowest level in over four years, keeping pressure on the European Central Bank to take action to foster the currency...

GBP/JPY continues to rise inside the daily Triangle chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair....

EUR/USD Daily Analysis: EUR/USD has been in a series of lower lows and lower highs since is 1.3966 peak on March 13th. A bullish strength divergence has created an updraft above 3700 support, but...

The Yen has been looking active as of late on the market charts, with some of the heaviest trading and the most volatility situated around the Yen crosses like the AUD/JPY, EUR/JPY and USD/JPY. The...

USD/JPY Upside Risk to 103.40/45; Bull Shift Seen Through 103.70As expected a still better effort on Monday having stated in our last report that "we now see a constructive bias with early April...

For the 24 hours to 23:00 GMT, AUD rose 0.11% against the USD to close at 0.9268.Late yesterday, a report from Australia showed that the AiG performance of manufacturing index decline to a reading of...

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1053.Earlier during the day, the Canadian Dollar advanced after data showed that the Canada’s GDP rose 0.5%...

EUR/USDRisk reward: 2.09Trend: Strong UpBuy at 1.3773 SL 1.3741 TP 1.3840USD/JPYRisk reward: 1.97Trend: UpBuy at 103.25 SL 102.93 TP 103.88 GBP/USDRisk reward: 1.84Trend: UpBuy at 1.6661 SL 1.6629 TP...

For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.8845.Yesterday, in an interview with the Wall Street Journal, the SNB Chief, Thomas Jordan, stated that the...