Forex Opinion & Analysis

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...

EUR/USD bear bias for 1.3715/10 and key 1.3675 support targetsA notable erosion to end the week, reinforcing the aggressive bearish outside Thursday pattern from a new recovery peak back from...

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,...

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...

EUR/USD recently feel strongly after breaking the 4-hour Rising Wedge chart pattern that was previously identified by Autochartist – as you can see from the following trade opportunity alert for...

On Friday, the USD rose 0.62% against the CAD to close at 1.0899 after the Canadian economy surprisingly lost 28,900 jobs in April, following a big gain of 42,900 in March and compared to...

On Friday, the USD rose 0.76% against the CHF and closed at 0.8869.In the Asian session, at GMT0300, the pair is trading at 0.8872, with the USD trading a tad higher from Friday’s close.The pair...

On Friday, the USD strengthened 0.18% against the JPY and closed at 101.79.On the economic front, Japan’s leading economic index fell more-than-expected to a 12-month low reading of 106.5 in...

On Friday, GBP fell 0.49% against the USD and closed at 1.6849, as traders reacted negatively to the recent batch of mixed economic releases from the UK economy and following recent encouraging...

On Friday, the EUR declined 0.61% against the USD and closed at 1.3755, extending its previous day’s losses on the back of the ECB President, Mario Draghi’s comments on loose monetary...

US Core CPI is expected to remain around the 0.2%, with the Feds focusing more on fundamental data, at least that’s what they are telling the market, a stronger release could send USD to a...