Forex Opinion & Analysis

Despite another robust economic performance from the UK this morning with retail sales up 3.9% compared to August 2013, the GBP/USD pair has traded cautiously as we head into the afternoon session....

The pound dropped after testing 1.6346, which was expected, and helped us make some profit of the sell signal. However, in spite of reaching a 1.6245 after the FED, the pound recovered to 1.6321...

USD: The US Dollar Index is currently up +0.3700 or +0.44 percent to 84.7150 after opening at 84.7580 in the Asian session earlier today. The Greenback is approaching levels not seen since 2010...

The U.S. Dollar only rose against several counterparts while the markets awaited the Federal Open Market Committee's policy statement. Investors were looking for any signs of when the bank could raise...

GBP/USD range theme: 1.6500 and 1.6162 breakout parametersA better bounce effort to push above 1.6342, to ease bear pressures for a switch to a neutral range theme, unsurprising ahead of the Scottish...

Market Drivers for September 18 2014 SNB does NOT go to negative rates EU TLTRO Nikkei 1.13% Europe 0.72% Oil $94/bbl Gold $1224/oz. Europe and AsiaNZD: GDP 0.7% vs. vs. 0.6%CHF: SNB rates stay...

In line with expectations, the Greenback strengthened across the board on Wednesday evening with the markets reacting more positively than expected to the FOMC statement. The Federal Reserve continued...

EUR/USD - European Session The pair broke 1.2885 and confirmed it with a daily closing below it supporting extending the negative trading, whereas the next target resides at 1.2745. The pressure of...

EUR/USDCurrent level - 1.2882 The recent break through 1.2906 support signals, that the corrective pattern below 1.2995 is complete and the bias here is negative, for a slide towards 1.2750. Initial...

We’ve been looking at massive H&S patterns in the last two reports I’ve posted so you can get a feel for the bigger picture which is so important to grasp. It’s always much...

We have filled the gap on GBP/USD, and although we have exceeded the fist 23.6 Med term fib level we are looking for this move higher only to be a correctionary one.After correction I would expect the...