Forex Opinion & Analysis

USD/CAD remains in uptrend from 1.0813. The price action from 1.0926 could be treated as a consolidation of the uptrend. Near term support is at 1.0850. As long as this level holds, the uptrend could...

I bought (Bitcoin) Friday in light of the chart below. I think the selling may be over, as price is now above the downward sloping trendline going back to its all-time highs and is also above the 50...

The US dollar had a good week, appreciating against all the major currencies, except sterling, which was fractionally stronger (0.13%) and the Canadian dollar, which was flat. Underpinned by firm CPI...

EUR: Will Weekend Elections Impact on EUR? USD: What is Clear / Unclear about Fed’s Policy Plans GBP: 1.70 is the Top for the Time Being CAD: Inflation Hits 2% Target for First Time in 2...

EUR/USDThe pair finished the week lower, as less than impressive macroeconomic data in the form of mixed EU PMIs and weaker than expected German IFO, together with numerous comments by various ECB...

EUR/USDThe euro continues falling down. Today the price may reach level of 1.3625, return to level of 1.3680, and then complete this descending wave by falling down and reaching level of 1.3580....

Forex News and Events: The EU Commission elections started yesterday and the early results confirm fears on rising Euro-skeptic poll in the heart of the European Union. EU currencies trade under...

It's not a big surprise to see Capital Markets trying to consolidate as we head into a long weekend either side of the Atlantic. Caution ahead of Euro election results is keeping the European markets,...

EUR/USD continues to lose ground on Friday, as the pair trades in the low-1.36 range in the European session. This is the euro's lowest level since February, and the currency has...

EURUSD failed to continue along the comeback trail after a late rally on Wednesday fizzled yesterday. The market is looking ahead toward the EU elections this Sunday as an important input, though...

Market Drivers for May 23, 2014 Euro drifts to 3625 on slightly weaker IFO CIC Chairman - ECB position on easing is reasonable Nikkei 0.87% Europe .01% Oil $103/bbl Gold $1294/oz. Europe and AsiaEUR:...

We predicted at the beginning of the week that we were likely to endure a rather dull week in the currency markets. With 80% of the week out of the way, we’re fairly happy in calling that the...

The U.S. Dollar rebounded on Thursday versus the Yen and advanced against many of the majors when it was bolstered by positive economic releases out of China indicating that the preliminary Chinese...

EUR/USD - European Session The pair traded with downside bias, and now below 1.3665 and this support that turned now into resistance will keep the downside pressure valid, targeting initially 1.3520...