Forex Opinion & Analysis

EUR/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.3810, which will be followed by reaching support...

EUR/USD The sharp drop of last week broke the bullish key support 1.3780 of the upside move as showing on graph, pushing the pair to stabilize below Linear Regression Indicator 34 and 55.During this...

GBP/JPY Daily Pivots: (S1) 171.03; (P) 171.66; (R1) 172.11; Intraday bias in the GBP/JPY remains mildly on the downside in spite of recovery in Asian session. The current development suggests that...

Asia Roundup:The Greenback held onto last week's gains during Asia trading with very few weekend gaps occurring.  NZD/CHF provided the largest gap which is sure to grab the attention of...

Market BriefThe FX markets opened in the continuation of last week dynamics. The referendum in Eastern Ukraine, considerably against Kiev, didn’t have a significantly impact on the market...

Friday’s session continued the damage to the euro that Draghi’s comments on Thursday had initiated but by the end of the session some stability in euro crosses had been found. The key will...

EUR/USDThe euro extended losses against the dollar into a second session on Friday, falling to a one-month low at the close, one day after the European Central Bank flagged possible monetary easing as...

Surprisingly today we don’t have any fundamental news items coming out that could fuel market movements, it would be interesting to see what can happen during the course of the day....

Cable broke the 1.6900 barrier and headed to our target of 1.6845. We have a bit of resistance at 1.6866/80 and we have to negotiate our way past this point before we can see further strength. If we...

The US Dollar rallied against several Forex majors including safe harbors like the Swiss Franc and the Yen on the possibility that the Ukraine and Russia could reach a peaceful accord. However,...

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3756 SL 1.3724 TP 1.3808USD/JPYRisk reward: 1.00Trend: NeutralSell at 102.00 SL 102.32 TP 101.6 GBP/USDRisk reward: 2.06Trend: Strong UpBuy at 1.6851 SL...

EURUSD – Heavy Selling From Large Engulfing Bar + False BreakLast week during the ECB rate announcement, the Euro spiked, then fell heavily on Draghi’s comments, forming a large engulfing...