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Forex Opinion & Analysis

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Al Brooks
EUR/USD’s 3-Day Trading Range By Al Brooks - 7 hours ago 1

The EUR/USD daily chart reversed down strongly after a 5-week wedge rally and a breakout above the neck line of a head-and-shoulders bottom. It is now testing the gap, the moving average and a higher...

Jamie Dutta
The British Pound: What To Expect By Jamie Dutta - 11 hours ago

The day has finally arrived – for those who voted for Brexit, it's a day to celebrate as a bonfire is put under all those banana-shaped European regulations. Brexit will benefit everyone by ...

Talking Forex
GBP Holds Its Own Post Article 50 By Talking Forex - 11 hours ago

DAILY FX WRAP: The UK government formally triggers Article 50 while ECB source comments place further pressure on EUR All eyes at the start of the session for European traders were on the fall-out ...

Gregor Horvat
USD/CAD In Temporary Correction By Gregor Horvat - 12 hours ago

USD/CAD has turned nicely down from 1.3533, clearly with five waves, which is a structure of a bearish turn based on the Elliott Wave principle. As such, we will expect even more weakness since we ...

ForexTime
Euro Drops In Article 50 Aftermath; Yen Gains By ForexTime - 12 hours ago

Trumpmania is taking a break from dominating the global media headlines as UK Prime Minister Theresa May is the talk of the town after she finally invoked Article 50, effectively providing a letter to...

IFC Markets
OPEC May Extend Limits On Oil Production By IFC Markets - 13 hours ago

OPEC may extend limits on oil production In this report we consider studying the personal composite instrument (PCI) BRENT to euro. It reflects the Brent oil dynamics to euro. PCI may rise in case of ...

Scott Barkley
GBP/AUD: Correction Over? By Scott Barkley - 14 hours ago

Currently we are at 1.62377 and underway after the correction. We are looking to continue to the support at 1.6200 and then to the square up at 1.6135. The average daily true range (ATR) for the pair ...

ForexTime
Sterling Erratic As EU Receives Brexit Notice By ForexTime - 14 hours ago

Sterling displayed explosive levels of volatility during Wednesday’s trading session with prices violently swinging between losses and gains as anxiety heightened after Brexit was formally ...

Dean Popplewell
Trigger Article 50 And Be Done With It By Dean Popplewell - 15 hours ago

UK PM Theresa May has written a letter that will be delivered by hand to EU Council President Donald Tusk at around 07:30 EST, only when notification is received in Brussels will Article 50 finally be...

Martin Janson
AUD/JPY Polarity Change By Martin Janson - 15 hours ago

AUD/JPY H4 After bouncing higher from the 9-month-long rising trendline the rate has stalled a bit at the former support area which should now become new resistance. I am looking for a strong ...

Marios Krausse
Pound Depreciates Ahead Of Brexit Trigger By Marios Krausse - 15 hours ago

The biggest story on Tuesday was the trend reversal of the British pound. Sterling reversed shy of 1.26 and dropped sharply towards 1.2350. The sharp sell-off was due to the much-anticipated Brexit ...