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Forex Opinion & Analysis

Markets: Round One Clinton 1 – 0 Trump By ForexTime - Sep 27, 2016

Round one of the U.S. presidential debate is over and as expected, big punches were exchanged from both sides, but clearly no knockout blows were landed. Although polls were showing different outcomes...

Market Pulse
Mexican Peso Rallies 2% As Debate Rages By Market Pulse - Sep 27, 2016

The Mexican peso has staged a dramatic nearly 2% rally in the last hour as the Presidential Debate concludes. Maybe the Mexicans know something we don’t? I shall not speculate on whether Clinton...

Jason Sen
USD/JPY: 1st Resistance at 100.60/70 By Jason Sen - Sep 27, 2016

USD/JPY oversold, but bears have no trouble seizing control. Watch last week's low at 100.10/00. A break lower this week targets 9990, 9965/62, perhaps as far as the August low at 9956/53. More ...

Jason Sen
EUR/USD: 1st Resistance At 1.1270/80 By Jason Sen - Sep 27, 2016

EUR/USD first support at 1.1240 is very minor & further losses target 1.1220 then support at 1.1210/00. This is the best chance of a low for the day but longs need stops below 1.1180. First ...

Jason Sen
EUR/GBP: Further Losses Target 8590/85 By Jason Sen - Sep 27, 2016

EUR/GBP potential double top the August high at 8720/24 as expected & this is a sell signal. Shorts need stops above 8735. A break (& close for confirmation) above however is therefore a buy ...

Matthew Ashley
Near-Term Forecast Bearish For The EUR By Matthew Ashley - Sep 27, 2016

Key Points: Bullish pennant structure taking shape. Parabolic SAR retains bearish bias. Long-term downtrend remains in place. Despite a recent spate of solid gains and what is likely to be another ...

Kristina Leonova
GBP/USD Forming A Consolidation Wedge By Kristina Leonova - Sep 27, 2016

The pair keeps forming a consolidation “wedge” pattern. There is a chance of upward rebound from its lower border. On the daily chart, the pair is trading just above the lower line of ...