Forex Opinion & Analysis

EUR/USD The Euro fully retraced 1.3748/1.3874 upleg and broke below near-term base at 1.3748, confirming the lower top at 1.3874, part of larger downmove from 1.3965, 13 Mar peak. Fresh weakness...

EUR/USDRisk reward: 1.97Trend: DownSell at 1.3752 SL 1.3784 TP 1.3689USD/JPYRisk reward: 1.41Trend: DownSell at 102.20 SL 102.52 TP 101.75GBP/USDRisk reward: 2.22Trend: Strong UpBuy at 1.6610 SL...

Today’s highlights:• EURCHF reversed back through the 1.2200/25 zone that it tried to break yesterday, but how much downside remains when we’re less than two figures from the...

Talking Points:USD/JPY Technical Strategy: Pending Long Support: 101.44 (Triangle floor) Resistance:102.62-71 (Feb 11 close, Triangle top), 103.75-104.14 (Mar 7 high, 38.2% Fib exp.) The US...

We could be expecting some movements on British pound due to our fundamental watch. Yesterdays forecast was good as many pairs went in our favor, we were spot on with the EUR/USD, GBP/USD and USD/CHF....

When news first broke from the Federal Reserve that it would slow down the pace of its quantitative easing program, the consensus was that the U.S. dollar would start to rise in value as the Fed would...

EUR/USD (daily chart) has declined to its 50-day moving average and continues to languish significantly below its long-term high of 1.3965 that was established just two weeks ago. After that high was...

The USD/JPY is now in downtrend from 102.68. Deeper decline to test 101.20 support would likely be seen, a breakdown below this level will confirm that the longer term downtrend from 103.76 has...

EUR/USDEUR once again found itself under pressure as easing concerns continue to drive price action for EUR/USD. Earlier today there was reports that European regulators are preparing to ease rules on...

Is the Yen Getting Ready for Another Big Move Down? Fundamentally, short JPY is, in my opinion, one of the best long-term trades out there. The case for shorting JPY is explored in greater detail in...

Talking Points U.K. Retail Sales y/y and m/m Beat Expectations British Pound Rises against US Dollar Following Data Release U.K. Rate Forecasts Refuse to Retreat, so Does Sterling U.K. Retail Sales...

When news first broke from the Federal Reserve that it would slow down the pace of its quantitative easing program, the consensus was that the U.S. dollar would start to rise in value as the Fed would...

From one of the weakest last week to one of the strongest in this week; it’s Canadian dollar. We firstly thought that pullback from the high will unfold in corrective manner, but it turns out to...

EUR/USD met resistance in the $1.3850/80 area this week. The pair is drawn to support in the $1.3750 area. Comments from the ECB officials brought back the expectations that that the regulator will do...