Forex Opinion & Analysis

US inflation data to come outOn Thursday at 14-30 СЕТ, the important macroeconomic data on inflation will be released in the US. The tentative outlook for dollar is negative. Will...

AUD/USD: Price Stalls Ahead Of 0.7381, VulnerableAUD/USD: The pair turned lower ahead of its overhead resistance at the 0.7381 level during Thursday trading session. This suggests on continued trading...

USD/JPY is falling sharply lower, now trading beneath 118.57 so looks like that a triangle that we were tracking it over the last few weeks was only in wave (b) of an incomplete black wave B/2 that is...

The Canadian dollar is slightly down on Thursday, following strong gains a day earlier. Early in the North American session, the pair is trading at the 1.2940. There are no Canadian releases on...

Currently we are at 1.5418 after breaking the corrective 4th wave. We are looking to continue to the Fibo support area at 1.5317 with an initial overall target at 1.5158. The average daily true range...

Key Points • Risk trends slipped led by the S&P 500, but that underlying theme didn't spur the sharpest moves • A tempered Fed forecast finally pulled the dollar through major support -...

Waiting on US CPI reportLatest news from the US confirmed that the economy is expanding at a (very) moderate pace as the industrial sector is being badly hit by the strong dollar. Half of the 12...

Lackluster U.S data over the past 24-hours (retail sale, PPI and beige book) has further diminished the market odds for a 2015 rate lift off (Oct. +2.5%, Dec. +32.5%). This is putting the dollar very...

GBP/USDMain scenario:The pair is trading along an uptrend that may be expected to continue in case the market rises above resistance level 1.5500, which will be followed by reaching resistance level...

The already vulnerable Dollar received multiple sharp blows in Wednesday’s trading session as an array of unimpressive economic data releases from the States rapidly decreased the expectations...

EUR/USD is showing little movement on Thursday, as the pair is trading at 1.1470 in the European session. There are no major releases out of the Eurozone today. It’s another busy day in the US,...

Yesterday the pair continued falling and reached the level of 118.82 in the end of the day. The main factor behind the decline remains falling expectations of an interest rate hike in the US before...

USD/CHFThe USD/CHF pair has achieved all targets we detected earlier, touching 38.2% Fibonacci level at 0.9475 as seen on the provided daily chart. All eyes are on this level, as a break of which...

EUR/USD – Squeezing shorts to target August highsEUR reached a high of 1.1489 this morning due to bad data from the US economy, having lower growth and inflation, causing dollar to weaken. While...