Forex Opinion & Analysis

The euro rallied a bit during the trading session again on Tuesday as we have seen a nice recovery after the European Central Bank press conference sent the euro just below the 1.12 level last week....

MyFXspot.com Trade IdeasEUR/USD: sell at 1.1300, take profit at 1.1100, stop-loss 1.1400 Market Overview With growth slowing and business confidence fading, the ECB announced new stimulus measures...

The Australian dollar initially pulled back during trading on Tuesday but has rallied again later in the day to press a downtrend line that I have clearly marked on the chart. Beyond that, there is a...

Preparing For A New Brexit VoteOn Tuesday, March 12, 2019, the House of Commons may vote on terms of the UK’s exit from the European Union. Is there a possibility for a big EUR/GBP change?Such...

The EUR/USD daily Forex chart so far has its 3rd consecutive bull bar after the bear breakout below the 4 month range. The selloff from the January 10 high is also in a wedge bear channel. A bear...

The UK parliament votes later today on Prime Minister Theresa May’s latest version of a Brexit deal. She was able to obtain some last minute concessions from the EU that boosted the pound this...

EUR/JPY Bearish: Currently, we are at 125.32 at the end of a 4th corrective wave. IF we can break here, we are looking for the continuation to S3 at 124.90. The overall target is the S4 at 123.44...

USD/CAD traded higher during the European morning Tuesday, after it hit support near Friday’s low of 1.3390. In the bigger picture, the pair continues to trade above the long-term uptrend line...

EUR/USD has posted gains in the Tuesday session. The pair is up on the day. On the release front, there are no German or eurozone events. In the U.S., consumer inflation is expected to remain soft,...

GBP/CHF continues to rise inside the clear 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel chart at the 8-bar...

Despite the risk-on sentiment across the markets, fueled by recent Brexit news, the USD/JPY pair struggles to show a sustainable rally. The bulls still struggle with the 112.00 barrier but first need...

The US dollar extended declines for a second daily session. Economic data on the day was relatively sparse. The euro traded subdued while gold prices weakened on the day.GermanyGerman industrial...

With the exception of AUD/USD – perhaps USD/JPY also, we have seen some decent dollar losses but there is more to go. I may even suggest that we could complete the downside today. EUR/USD has...

The U.S. dollar rallied a bit during the day on Monday, as we continue to see greenback strength. Beyond that, the greatest headwinds for the Swiss franc are the European Central Bank's announcement...