Forex Opinion & Analysis

EUR/USDRisk reward: 1.12Trend: DownSell at 1.3431 SL 1.3463 TP 1.3395USD/JPYRisk reward: 0.97Trend: NeutralBuy at 102.53 SL 102.21 TP 102.84GBP/USDRisk reward: 1.37Trend: DownSell at 1.6835 SL 1.6867...

EUR/USD: bounce back on short termYou can see that the price broke the weekly ascend­ing trend­line (red line) and now is falling down. This pair remain bear­ish, now is trad­ing above...

Market BriefFriday’s jobs report showed that the US economy added 209’000 new jobs in July (vs. 230K exp. and 288K last), the unemployment rate deteriorated from 6.1% to 6.2%, while the...

EUR/USDCurrent level - 1.3421 Friday's break through the dynamic resistance at 1.3400 signals a reversal of the downtrend from 1.3650 and the pair has entered a corrective phase, before next drowning...

After wrapping up last week with some gains, the EUR/USD is flat on Monday. The pair is trading in the low-1.34 range in the European session. On Friday, US Nonfarm Payrolls came in at 209...

The euro gained some traction against the British pound this past week, as the EUR/GBP pair broke an important short-term bearish trend line to trade close to 0.7980 level. There is a chance that the...

AUD Retail sales beat expectations of 0.3% to come in at 0.6%, a 5-month high; MI Inflation gauge edged higher to 0.2% up from 0% last month; AND job advertisments up 0.3% compared to 4.4% last...

This week the scorecard recommends buying NOK, SEK and CAD while selling GBP, NOKand USD/SEK. Last week's signals resulted in a 0.04% gain. The long positions in the three 'commodity currencies',...

Talking Points:US Dollar Technical Strategy: Holding Long Support: 10531, 10513, 10481 Resistance:10560, 10606, 10663 The Dow Jones FXCM US Dollar Index is consolidating gains after turning...

Talking Points:USD/JPY Technical Strategy: Flat Support: 102.41, 102.10, 101.61 Resistance: 102.89, 103.39, 104.18 The US dollar corrected narrowly lower against the Japanese yen after clearing a...

Talking Points:EUR/USD Technical Strategy: Short at 1.3644 Support: 1.3415, 1.3366, 1.3294 Resistance:1.3445, 1.3493, 1.3533 The euro declined against the US dollar as expected after prices put in a...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9047, 0.9010, 0.8951 Resistance: 0.9110, 0.9189, 0.9268 The US dollar ran into resistance near the 0.91 figure against the Swiss franc,...