Forex Opinion & Analysis

EUR resumed its downmove on Friday after dovish remarks by the ECB head. The daily trend is down for prices below 1.25 but there is some crucial short-term support between 1.2350 and 1.24.EUR/USD,...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published already this weekend. The favorite pairs in the Top 10 of this list are being analyzed in...

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting @ 1.2392 in a 5th wave. We could get the turn here. If not, look to the 1.618 Fibo @ 1.2193 as the target. The average daily true...

China cut its benchmark interest rates for the first time in more than two years this morning to lower borrowing costs and lift a cooling economy that is on track for its slackest annual growth in...

The Euro bear got a subtle hint yesterday to consider “not” booking any EUR profits just yet, all because the EUR bull happened to be blinded by PMI flash numbers. The ones that did...

EUR/USDToday’s support: -1.2508, 1.2466, 1.2441 and 1.2423(main),where correction is possible. Break would give 1.2396, where correction also may be. Then follows 1.2371. Break of the latter...

CEO Sam Barry runs through a daily technical trading update of the Forex market.

The following are the intraday outlooks for EUR/USD, USD/JPY, EUR/CHF and Crude Oil as provided by the technical strategy team at SEB Group.EUR/USD: Bullish above the mid body point. It is possible...

Market BriefThe Japan Diet is dissolved, preparations for December snap elections will now make the new headlines. Amid the aggressive yen sell-off, the Japan Finance Minister Aso warned that high...

Talking Points: Dollar Draws Limited Reassurance from CPI Uptick, Fed Surveys Euro Slips after Weak PMIs But is ECB QE Any Nearer? Yen Jumps after Japan’s Finance Minister Says Drop...

Japan’s Finance Minister Taro Aso overnight said that JPY was weakening too fast and that sudden moves in the exchange rate are not welcome, regardless of the direction. This looks like a public...

GBP/JPY Daily OutlookDaily Pivots: (S1) 184.88; (P) 185.50; (R1) 186.14; Further rise is still expected in GBP/JPY even though upside momentum is not too convincing. Current rally would target 190...