Forex Opinion & Analysis

A rough night of trading for me, as I had three stop loss orders get hit for losses, knocking my account down about 0.75%. Fortunately I have some floating profits on, so my net account value declined...

EUR/USD is flirting with the 1.37 line on Friday, as the euro continues to lose ground. The euro remains under pressure as the markets are expecting a strong Non-Farm Payrolls release on Friday....

Global currency direction for Q2 relies heavily on two events following the script this week, the first was yesterday's ECB rate announcement and the second is this morning 'granddaddy' of economic...

Market BriefToday’s key event is the US jobs data. US will publish March unemployment rate and nonfarm payrolls; the markets expect the US economy to have added 200’000 new nonfarm jobs...

Currently, the CHF/JPY is touching its long term bearish trend line, which is pointing to a bounce of the dynamic resistance line and to move lower. This presents an interesting opportunity as...

On Wednesday, the pair trades on the Australian dollar/U.S. dollar resulted in almost a zero-sum. It is worth noting that during the day of high volatility on the trading floors were not observed,...

The pair GBP/USD launched its direction last week, showing an increase of 140 points and closed the week at 1.6636. Claims for unemployment and the GDP in the United States looked solid last week;...

The EUR/USD continued its downward movement and Thursday updated at least at the level of 1.3697. The main factor in the dynamics euros April 3 was the ECB's decision on interest rates. Like most...

The U.S. Dollar climbed against the majority of its Forex counterparts and reached a ten-week high versus the Yen as the markets await the Non-Farm Payroll reports in order to assess whether the...

EUR/USDThe Euro slumped yesterday after ECB and probes again below 1.3700, confirming fresh negative sentiment established on triple rejection at 1.38 resistance zone. Spike to 1.3805 was all seen of...

EUR/USDRisk reward: 2.19Trend: Strong DownSell at 1.3714 SL 1.3746 TP 1.3644USD/JPYRisk reward: 1.53Trend: UpBuy at 103.89 SL 103.57 TP 104.38GBP/USDRisk reward: 2.12Trend: Strong DownSell at 1.6590...

EUR/USDThe euro fell to the lowest in a month against the dollar after European Central Bank President Mario Draghi strengthened his pledge that policy makers were ready to take further steps to...