Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.5319, after the UK posted a worse-than-expected goods trade deficit in August along with the nation’s...

For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1359. Macroeconomic data released showed that industrial production in France, the Euro-zone’s second largest...

A whole string of bank holidays to start the week with Japan off (again!) in observance of Health-Sports Day, while the US and Canada are also off for Columbus Day and Thanksgiving respectively. The...

The cycle of accumulation and distribution defines cause (building) within a broader mark down phase for the euro.Traders chasing the euro's bounce should be listening to the message of the market...

AUD/USD: AUD/USD closed strongly higher the past week leaving risk of further strength in the new week. While it can trade and hold above its broken resistance turned support at 0.7279 level, we think...

The purpose to follow EUR/JPY is because it's a classic risk on/ risk off market determinant currency pair because it holds the distinction of most widely traded cross pair in both daily amounts and...

NZD/USD suggests a bullish trend plus the pattern that appears in the charts.Saucer Bottom trading: Reversal pattern that appears with a small bowl shape and it occurs with a bottom at its bowl works...

USD/CADThe pic still positive, but you should expect to see some more correction on the pair. Break of 1.3000 level support last week was taken as a sign of trend reversal. That's supported by strong...

EURUSD trading plan. We will monitor a bullish triangle resistance around 1.145 for a possible break out towards the 200 monthly SMA at 1.21. On the monthly chart the eurodollar has been ranging...

USD/CHF: The pair saw a follow-through lower the past week on the back of its previous week losses. This development leaves it weak and vulnerable to the downside in the new week. On further weakness,...

Bitcoin Trading Alert originally sent to subscribers on October 8, 2015, 1:06 PM.In short: short speculative positions, target at $153, stop-loss at $273. Cryptocurrency payments may be suited for an...

Key Fundamental Forex Events for the Week of October 5th through October 9th The following table lists the key economic data and other events that came out during the week of October 5th through...

USD Lower after Fed Minutes as 2015 Rate Hike Hopes EvaporateThe USD has been weak across the board after the non farm payrolls report on Friday, October 2. U.S. employment had been a solid pillar of...

In previous EUR/USD analysis, I noticed how the price is moving in an ascending triangle. The same pattern you can see in the above chart. Now Analytical Trader has detected bullish setup: Background...