Forex Opinion & Analysis

USD/CAD has been consolidating in a sideways pattern since it rose up to resistance at 1.25 at the end of May. From then, it has been oscillating in a range between 1.2545 and 1.2370. It has now...

EUR/USDCurrent level - 1.1270 The intraday bias is slightly bearish after the recent reversal at 1.1350, for a slide towards 1.1190 support...

GBP/JPY Daily OutlookDaily Pivots: (S1) 190.55; (P) 191.20; (R1) 191.73; Intraday bias in GBP/JPY is turned neutral for the moment. A short term top might be in place at 191.94 on bearish divergence...

The NZD/USD rate grew slightly on Monday due to the dollar's general weakening against a basket of major currencies. However, the general trend remains descending: last week, the pair dropped to a...

The DecaPip Daily is my intraday outlook on the best Resistance and Support levels in the Forex market. Click here to see my DecaPip Weekly post.Featuring two major or cross currency pairs and a...

The pair has been in a mini-up-trend ever since bottoming at the end of May. It then rallied up and made highs of 1.1379 on the 4th of June, before pulling-back in an a-b-c correction down. ...

The rally yesterday in EURUSD was likely driven by a rich cocktail: 1. weak risk appetite with technicals looking increasingly ominous in the US as the S&P500 index closed below its 100-day moving...

Today’s Binary Options Trading Strategy:• Currency Pair: USD/CHF • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...

GBP/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.5275, which will be followed by reaching support...

EUR/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.1175, which will be followed by reaching support...

Market Commentary There has been a significant slide in the USD following Friday’s rally which failed to sustain on Monday despite the strong NFP data. It was a roller coaster ride for EUR/USD...

With UK economic data being slightly lower in quantity over the upcoming days, the Cable will continue to look to the dollar for direction. The Cable itself remains under pressure and vulnerable to...

The dollar has suffered some unexpected weakness on the currency markets following the emergence of surprising reports that President Obama has expressed some concerns over the strength of the USD. I...