Forex Opinion & Analysis

EUR/USDRisk reward: 1.34Trend: DownSell at 1.3605 SL 1.3637 TP 1.3562USD/JPYRisk reward: 1.28Trend: DownSell at 101.86 SL 102.18 TP 101.45GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.7146 SL...

The U.S. Dollar climbed to a one-week high versus the Euro, and strengthened against the majority of its Forex peers as investors boosted predictions for an interest rate hike, given the latest...

Main scenario:The GBP/USD is trading along a sideways trend.An downtrend will start as soon as the pair drops below support level 1.7100, which will be followed by moving down to support level...

Main scenario:The EUR/USD is trading along a sideways trend.An local uptrend is already started from support level 1.3580, which will be followed by moving up to resistance level 1.3640.Alternative...

GBP/JPYDaily Pivots: (S1) 174.07; (P) 174.66; (R1) 175.06; Intraday bias in the GBP/JPY remains neutral for the moment and some consolidations would be seen below 175.36 temporary top. But downside...

EUR/USD The euro trades in a corrective mode after reaching 1.3573 low yesterday, which marked full retracement of 1.3573/1.3699 upleg. Brief corrective action, so far capped at 1.36 zone, unable to...

Concerted calls to weaken the euro have reemerged in the past week with politicians and business leaders attempting to pressure the European Central Bank into action. As we said in our ECM meeting...

EUR/USDThe dollar slipped against the euro on Monday after investors locked in gains from Thursday's upbeat U.S. June jobs report and sold the greenback for profits. Many investors jumped to the...

Talking Points:US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 10405, 10389, 10354 Resistance:10431, 10452, 10473 The Dow Jones FXCM US Dollar Index began a swift...

There is an overall lack of data this week with the exception of the much anticipated FOMC minutes which seem to be generating a lot more interest due to bored and lack of any other news or headlines...

Yesterday, the GBP/CHF made a bearish engulfing pattern on the daily chart which might signal a reversal in this currency pair. Fundamentally, there is no reason to see a weakening the GBP or a strong...

GBP/USDOpen 1.7132 High 1.7173 Low 1.7107 Close 1.7125 On Monday the GBP/USD decreased with 65 pips. The Cable depreciated from 1.7173 to 1.7107 yesterday, in line with the negative money flow...

USD/JPY bear pressures re-energizingA more defensive consolidation as expected and as we stated in recent reports “whilst capped by 102.36, we see the topping structure and bear threat...

EUR/USD Daily Analysis: The short-term picture remains bearish for the EU on strong USD fundamentals – technically reflected in double support break last week (thick rising red lines on 4h...