Forex Opinion & Analysis

EUR/USDToday’s session was once again another quiet one for the pair, with EUR/USD trading in a rangebound manner for the first half of the European session, despite EUR managing to gain some...

The Canadian dollar has edged upwards on Tuesday, as USD/CAD trades in the mid-1.08 range early in the North American session. On the release front, US Core Durable Goods and Durable Goods...

EM assets should remain well-supported going forward, though we expect differentiation in FX markets to increase. Higher equity markets in developing countries give further scope for gains, and in...

Whenever markets are in a consolidation or congestion phase many traders become very, very frustrated as price action oscillates, contained within a relatively narrow range. However, such periods...

GBP/USD dipped to $1.6810 (May 23 low) as the UK BBA mortgage approvals fell more than expected in April. The pair is cramped in the $1.6880/10 range intraday.There are no clear trading signals at the...

EUR/USD rose to $1.3668 (Tenkan-sen at H4). Despite the dovish comments from the ECB and some technical signals (break below April 4 low), the bears failed to break below the psychological levels of...

The Japanese yen is steady on Tuesday, as USD/JPY trades just shy of the 102 line late in the European session. There was good news out of Japan as Corporate Services Price Index jumped sharply...

There has been little negative reaction in the EUR to the outcome of the EU elections, where support for the anti-EU surged. Despite anti-austerity growing, the overall status quo prevails. The better...

Draghi Comments and Ukriane AssaultFX price action was limited in the Asian session as news flow was light. Regional equity markets were lower with the exception of the Nikkei. The Nikkei was up 0.23%...

The GBP/USD has recovered nicely last week, clearly in three waves 1.6728 to 1.6920. The pair reached our mentioned levels around 1.6900 where markets already turned slightly to the downside, and fell...

EUR/USDCurrent level - 1.3645 The rebound after 1.3614 low is corrective, preceding another sell-off towards 1.3560 area. Crucial resistance on the upside lies at 1.3688. USD/JPYCurrent level -...

The EUR/USD continues to trade quietly on Tuesday. In the European session, the pair is trading in the mid-1.36 range. There are no European economic releases on Tuesday, but the...