Forex Opinion & Analysis

EUR/USD is firm on Friday, as the pair is back above the 1.36 line, after some gains earlier in the week. On the release front, German PPI posted its third consecutive decline, as...

Gold up USD 40 in a day USDJPY still trading near support Lack of activity belies world events The post FOMC reaction has so far been generally underwhelming in currency markets, in line with...

Market BriefNew Zealand job advertisements declined by 5.2% in May recording the first drop in five months, the consumer confidence in June improved. NZD/USD daily price chart confirms the formation...

Well that was disappointing. I’m very unsure why we let the star-striker-who-scored-2-goals-and-had-a-wobbly-knee play. Kick him up in the air, take the yellow card; every man, woman and child...

The U.S. Dollar depreciated the most in one month against several trading counterparts after the Federal Reserve announced that it will leave the interest rate near zero for some time to come. Fed...

EUR/USD - European Session The pair soared yesterday trading above 23.6% correction of the bearish wave that started from the top 1.3996 and ended at the bottom 1.3502. The referred to correction...

While Euro recovered against other major currencies, it extended recent decline agains Swiss Franc, with EUR/CHF breaching a near term support level of 1.2162. The IMF urged ECB to consider buying...

EUR/USDRisk reward: 1.56Trend: DownSell at 1.3634 SL 1.3666 TP 1.3584USD/JPYRisk reward: 0.91Trend: NeutralBuy at 101.81 SL 101.49 TP 102.10GBP/USDRisk reward: 1.59Trend: DownSell at 1.7059 SL 1.7091...

The initial target of 0.87 was reached following the RBNZ rate hike and following a quick consolidation and break above this resistance level, may now provide support going forward for new bullish...

Main scenario:The GBP/USD is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.7030, which will be followed by reaching resistance level...

Main scenario:The EUR/USD is trading along an uptrend.The uptrend may be expected to continue in case the market rises above resistance level 1.3640, which will be followed by reaching resistance...

EUR/USDThe euro slipped 0.4 percent, as The 1 billion-euro disbursement that’s on hold is part of an 8.3 billion-euro tranche approved by the euro area in principle in April. Of that, 6.3...

EUR/USD recently broke the daily Falling Wedge – as you can see from the following trade alert for this currency pair. EUR/USD is expected to rise to the target level 1.3706 in the next 3...