We have updated our privacy policy and terms & conditions. Find out more here.

Forex Opinion & Analysis

Lui Andersen
Majors Daily Forecast: May 21st, 2015
By Lui Andersen - May 21, 2015

EUR/USDRisk reward: 2.87Volatility: HighDown at 1.1130 Limit 1.1162 Target 1.1038USD/JPYRisk reward: 2.06Volatility: HighUp at 121.08 Limit 120.76 Target 121.74GBP/USDRisk reward: 3.06Volatility: ...

USD/JPY: Resistance Above 121 Pressured
By Dailyfx  - May 21, 2015

Talking Points: USD/JPY Technical Strategy: Flat Support: 120.68, 119.98, 118.83 Resistance: 121.41, 122.13, 123.04 The US dollar continued to press higher against the Japanese Yen, completing the ...

US Dollar: Chart Barrier Caps Rebound
By Dailyfx  - May 21, 2015

Talking Points: US Dollar Technical Strategy: Holding Long Support: 11748, 11711, 11634 Resistance: 11836, 11898, 11960 The Dow Jones FXCM US Dollar Index advanced for a fourth consecutive day but ...

EUR/GBP: Support Above 0.71 In Focus
By Dailyfx  - May 21, 2015

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7145, 0.7102, 0.7060 Resistance: 0.7197, 0.7230, 0.7282 The euro moved lower against the British pound as expected after prices produced a ...

USD/CAD: Rebound Stalls Below 1.23
By Dailyfx  - May 21, 2015

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2137, 1.2044, 1.1946 Resistance: 1.2271, 1.2379, 1.2487 The US dollar paused to digest gains after advancing to the highest level in a ...

Lui Andersen
Euro Sags As ECB Eyes Faster Bond Buys
By Lui Andersen - May 21, 2015

EUR/USD Open 1.1144 High 1.1327 Low 1.1117 Close 1.1145 On Tuesday EUR/USD decreased with 155 pips. The European currency depreciated from 1.1327 to 1.1117 yesterday, matching the negative money flow ...

Stuart McPhee
AUD/USD Drops To 2 Week Low Near 0.7850
By Stuart McPhee - May 21, 2015

AUD/USD for Thursday, May 21, 2015 In the last week, the Australian dollar has fallen sharply from above 0.8150 down to a two week low near 0.7850. It is now enjoying support from around 0.7850 and is...

Dane Williams
EUR/USD And The Greek Ticking Timebomb
By Dane Williams - May 21, 2015

“If there is no deal by then that will address the current funding problem, they won’t get any money.”The IMF has stated the obvious in a leaked document that specifically states ...

Alan Posner
EUR/USD At The Crossroads
By Alan Posner - May 20, 2015

No other forex pair gets the media attention of EUR/USD. There is a growing consensus that at least in the near term, the rally from the 3-16 low is coming to an end. The headlines show that a selloff...

Mike Paulenoff
Technical Decision Time For U.S. Dollar
By Mike Paulenoff - May 20, 2015 1

The time of truth for the US dollar, as it recovers from its 7.2% March-May correction into a test of key multi-week resistance at 95.80 to 97.00, which if hurdled and sustained, will confirm that a ...

Elizaveta Belugina
Trading plan for May 21
By Elizaveta Belugina - May 20, 2015

The US dollar extends recovery for a third day in a row. On Thursday, we’ll watch the US unemployment claims and the Philly Fed manufacturing index (forecast – rise to 8,3).EUR/USD tested ...