Forex Opinion & Analysis

EUR/USD achieved our downside target of 1,11 yesterday. The pair is testing the double September low now. ECB’s QE extension is considered a done deal, only the details remain to be announced...

USD/JPYUSDJPY has moved strongly upwards, reaching the sensitive areas of 121.00 as seen on the provided daily chart. The downside actions seen during the past couple of hours from this level are...

The dollar moved slightly higher against most major currencies on Wednesday, following Tuesday’s strong U.S. housing sector data which continue to provide support, while trading was expected to...

HourlyYesterday’s Trading: On Thursday, the euro/dollar fell by 230 points. In the second half of the day, Mario Draghi made the euro drop to 1.11.The ECB kept its interest rate unchanged. Mario...

HourlyThe UK pound on Thursday contrived to return to 1.55. From here, the pound followed the euro against the dollar by falling to 1.5368. The lower limit of the channel was broken. A fall to the...

The euro extended yesterday’s slump when it suffered a sharp sell-off after ECB President Mario Draghi hinted at additional monetary stimulus. Speaking at the press conference following its...

GBP/JPY Daily OutlookDaily Pivots: (S1) 184.86; (P) 185.38; (R1) 186.27; Outlook in GBP/JPY is unchanged. Sideway consolidation from 180.36 is still in progress and further recovery might be seen....

For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7211. LME Copper prices rose 1.71% or $88.5/MT to $5274.0/MT. Aluminium prices declined 0.74% or $11.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 1.44% against the CHF and closed at 0.9732. In the Asian session, at GMT0300, the pair is trading at 0.9731, with the USD trading flat from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.70% against the JPY and closed at 120.72. In the Asian session, at GMT0300, the pair is trading at 120.69, with the USD trading marginally lower...

For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5388, as Britain’s retail sales soared in September from August. Data showed that the nation’s retail...

For the 24 hours to 23:00 GMT, the EUR declined 2.11% against the USD and closed at 1.1103, after the ECB President, Mario Draghi’s comments suggested that the central bank could expand its...

Good morning. Hope all is well! Have had a good forecast for yesterday with a 71% accuracy on our predictions. On some instances, the markets violated out blue zones slightly and moved in the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Look out below! The next stop for EUR/USD should be 1.10. While the European Central Bank left monetary policy unchanged on...