Forex Opinion & Analysis

The euro is looking upwards at the 1.30 level as we start the new trading week. In Monday's European session, the EUR/USD is trading in the mid-1.29 range. On the release front, German Trade Balance...

With only 10 days to go until the Scottish independence referendum, the “Yes” campaign has taken the lead in the latest survey conducted from YouGov, a British opinion research firm for...

EUR/USD - Weekly Report The pair dropped sharply last week and is approaching 88.6% correction at 1.2885 this week as showing on graph. The referred to level would be the interval intraday and this...

Market BriefFX traders begin the week focused on the economic data. JPY crosses remained well bid as the second quarter final GDP growth decelerated at the faster-than-expected pace of -7.1% q/q...

The New Zealand Dollar has continued its bearish trend against the US Dollar ahead of the Reserve Bank of New Zealand’s decision on interest rates. The rate is widely expected to remain unmoved,...

The Cable gapped lower overnight and the correction has only held the first short term fib at 1.6232. This was our break point on the downside, and if we stay below here today then the pressure will...

This pair moved bullishly last week and even reached a 6-year high (105.699) as US economic indicators pointed towards further signs of an economic recovery. During August, the US Manufacturing...

Despite impressively strong performances from the UK economy last week, downside movement in the GBP/USD accelerated with the pair declining by over 200 pips. The latest UK Construction PMI was...

The European Central Bank (ECB) shocked the financial markets on Thursday afternoon by unexpectedly acting again in its ongoing battle against low inflation levels. Not only did the ECB cut interest...

EURUSD – Bearish Below 1.3120 Although starting off the week, I’d like to show you the 1hr chart below on the EURUSD. After the big sell-off post ECB meeting, the EURO got sold into...

The JPY was under some pressure during today’s Asian session as the Japanese second quarter GDP contracted slightly more than anticipated by analysts. The initial estimate was a contraction of...

The U.S. Dollar weakened against most of the Forex majors following Friday's announcements which surprised investors as they suggested continued weakness in the employment sector. The Non-Farm...