Forex Opinion & Analysis

EUR/USD big ATR due to fundamental shiftsEUR/USD is currently in retracement rejection from 1.1100 zone. 1.1270 zone could be good for short term trades but bear in mind that 1.1200 is now interim...

The drop in the Yuan over the past 2 days is the largest against the US Dollar since Nov 2008 as USD/CNY nears its highest (CNY weakest) since mid-2012. What is more critical is that for the first...

The sharp decline in the euro and near vertical rally in the U.S. Dollar over the past year has been rare. This chart looks at the U.S.dollar over the past 30-years. From a Power of the Pattern...

The Japanese yen has started the week with losses against the US dollar. Early in Monday’s North American session, the pair is trading in the mid-118 range. On Sunday, the Japanese trade deficit...

Last week, we took a long-term look at EUR/USD in the wake of the ECB’s historic QE announcement in order to identify the next major support levels to watch (see “EUR/USD in Freefall, is...

EUR/AUDCurrently we are at 1.4234. We are looking for a continuation to the Resistance area @ 1.4347 with an overall target @ 1.4450. The average daily true range (ATR) for the pair currently is 206...

Major Currency Pairs and Stock Indices:EUR/USD USD/JPY GBP/USD EUGERMANY30 US30 EUR/USDCurrent level - 1.1211 The corrective rebound above 1.1097 is currently limited below 1.1300 resistance and the...

The EUR/GBP has bounced from its support zone which is driven from the weekly time time frame. The price is still trading below the downward trend line on a 30 minute time frame and this means that...

Syriza win ‘big’ Form coalition with center-right fringe party EUR touched sub €1.11 new-lows Market pricing QE vs. anti-austerity talks Greece’s Syriza party (opposition) is...

Market BriefThe week starts with the anti-austerity Syriza’s victory in Greek general elections. Despite the historic outcome, Syriza will still need to agree a coalition to form a government....

The following are the intraday outlooks for EUR/USD, EUR/JPY, EUR/GBP, and AUD/NZD as provided by the technical strategy team at SEB Group.EUR/USD: Testing a long-term 'Equality point'. The...

European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the Euro to 11-year lows. Wall...

For once, the opinion polls in Greece turned out to be roughly correct and the leftist Syriza party has taken the Greek elections by storm. Needing 151 seats overall to maintain a single party...

Forex News and Events The EUR-complex finally takes a breather after 5-figure dive last week on massive ECB stimulus package and Greek elections. The Greek bonds rallied, the sovereign curve steepened...