Forex Opinion & Analysis

EUR/USD The euro trades at mid-point of 1.3671/1.3992 ascend after attempt above recent range top at 1.3965 stalled on approach to psychological 1.40 barrier. Subsequent fall to 1.3830 area weakened...

EUR/USDRisk reward: 1.59Trend: DownSell at 1.3844 SL 1.3876 TP 1.3793USD/JPYRisk reward: 1.00Trend: NeutralSell at 101.75 SL 102.07 TP 101.43GBP/USDRisk reward: 1.56Trend: DownSell at 1.6934 SL 1.6966...

GBP/USD Main scenario:The pair is trading along an sideways trend.An uptrend will start as soon, as the pair rises above resistance level 1.6935, which will be followed by moving up to resistance...

EUR/USD Main scenario:The pair is trading along an downtrend.The uptrend may be expected to continue while pair is trading above support level 1.3880, which will be followed by reaching resistance...

Euro sold off sharply after ECB press conference yesterday and stays weak in Asian session today. The ECB made another dovish statement in May and indicated that additional stimulus measures would...

EUR/USDWith the threat of deflation still stalking euro-area economies that are barely out of recession, the European Central Bank president all but committed himself to providing further stimulus at...

EUR/USD Daily Analysis: The ECB kept interest rates steady but (and this is a big but), indicated that they would be open to Euro intervention in June if the exchange rate kept climbing. This is just...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.47% against the USD to close at 0.9370, following strong Australian employment figures.LME Copper prices edged up marginally by $2.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8802.In economic news, Switzerland’s annual consumer price index registered a flat reading for a second straight...

For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 101.60.In the Asian session, at GMT0300, the pair is trading at 101.71, with the USD trading 0.10% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6932.Yesterday, the BoE, at its May policy meeting, voted to keep interest rates at a historical low level of 0.5% and...

For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.3840, after the ECB President, Mario Draghi, following the central bank’s decision to keep its interest rate...

With Market Talk of EUR/JPY bulls switching to bears over the pasts few weeks and technical levels being broken, bearish setups beginning to appeal. There is the potential for a longer-term...

We seem to have had a really good forecast for yesterday with 6 out of the 7 pairs forecasted behaving as we had predicted! Today the pairs to watch would be British pound, Canadian and US dollar...