Forex Opinion & Analysis

USD/JPY remains in a limited range this week, with the 111.00 figure continues to act as the key resistance. The pair dipped marginally yesterday amid investor optimism over the US-China trade talks...

Another great forex session as the U.S. markets get underway following the overnight news in the Far East and in particular with regard to the Aussie dollar. Once again some great examples of volume...

Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino-U.S trade talks. Will we get some concrete news or perhaps an...

It’s been a relatively quiet week for EUR/USD, and pair is unchanged on Thursday. Currently, the pair is trading at 1.1343, up 0.08% on the day. In economic news, German data continued to...

EURUSD closed around 1.1339 in the US session Thursday, ticked up +0.02%, but it slips from the session high of 1.1366 on mixed ECB talks, high probability of renewed TLTRO, a deluge of soft economic...

Quick TakeBy analyzing today's currency pairs, I am left with the impression that swing/day traders may be able to find some solid opportunities in markets that appear to be overstretched in the...

GBP/USD is steady in the Thursday session, continuing the trend seen on Wednesday. In North American trade, the pair is trading at 1.3051, unchanged on the day. In economic news, the U.K posted a rare...

The EUR/USD daily Forex chart sold off strongly to the bottom of the 4-month trading range. Since trading ranges resist breaking out, the odds favor a bull leg in the trading range. The chart has...

The Fed's messages are a powerful driver for the U.S. dollar. The market's initial dovish interpretation of the Fed's 'patience' with further rate hikes and 'flexibility' regarding balance sheet...

There has been a decent fall in the AUD/USD pair after it hit the critical resistance level at 0.81219. From that level, the pair started its bearish rally and lead toward the critical support level...

MyFXspot.com trade ideas:EUR/USD: buy at 1.1320, take profit at 1.1470, stop-loss 1.1255 USD/CAD: short at 1.3350, take profit at 1.3010, stop-loss 1.3485 XAG/USD: long at 15.50, take profit at 16.50,...

The central bank may continue normalizing its monetary policyA split inside the Fed and unexpected information about potential return of the Fed’s policy course if the uncertainty settles down...

GBP/JPY Bullish: Currently, we are at 144.71 and in consolidation in a flag pattern. We are looking for a breakout of the flag and then the continuation to the 1.618 Fibonacci at 146.37. The overall...

EUR/NZD traded higher today, breaking above the 1.6577 barrier, a move that signaled the completion of a short-term inverted head and shoulders formation. Then, the rate continued drifting higher,...