Forex Opinion & Analysis

EUR/USDCurrent level - 1.3803 The rebound above 1.3704 low seems corrective in nature, so my outlook here is bearish, for a break through 1.3760, en route to 1.3640. Crucial on the upside is...

USD/JPYOpen 103.62 High 103.94 Low 103.08 Close 103.64On Tuesday the USD/JPY continued increasing with 60 pips. The currency couple appreciated from 103.08 to 103.72 yesterday, matching the positive...

On Wednesday, the dynamics of trading on USD/JPY pair dosen't clearly define the trends and preferences, but it demonstrates susceptibility to the market emotions that push the macroeconomic...

Kiwi dollar suffered significant decline after the failure to break 0.87 round figure. This decline is surprising as broad risk trends is bullish evident via global stock indexes that managed to climb...

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3793 SL 1.3761 TP 1.3845USD/JPYRisk reward: 2.06Trend: Strong UpBuy at 103.71 SL 103.39 TP 104.37GBP/USDRisk reward: 2.06Trend: Strong UpBuy at 1.6621 SL...

European SessionEUR/USD The pair managed to confirm stability above 38.2% correction at 1.3780 showing on graph, as stabilizing above this level is positive. Meanwhile, trading is limited below Linear...

EUR/USD The euro is probing above 1.38 barrier, following several attempts to break higher that formed hourly bullish pennant. Positive near-term studies are supportive for further advance, with...

GBP/USDOpen 1.6630 High 1.6677 Low 1.6617 Close 1.6627On Tuesday the GBP/USD decreased with 60 pips. The Cable depreciated from 1.6677 to 1.6617 yesterday, in converse with the positive money flow...

EUR/USDEurope’s two-speed economy was underscored in data showing strengthening in the German labor market. Overall euro-area unemployment was at 11.9 percent in February. In Italy it rose to 13...

The Australian dollar fell after February building approvals data came weaker than expected, currently trading at 0.9235. U.S indices rose for a third session on Tuesday, with S&P 500 ending at a...

USD/JPY continues to rise after the recent breakout of the daily Triangle that was previously identified by Autochartist – as you can see from the following trade opportunity alert for this...

EUR/USD Daily Analysis: The euro is once again (very) slowly pushing higher, this time into yesterday’s sell zone above 3810. We would be more thrilled if there was a bearish strength...

GBP/JPY Daily OutlookDaily Pivots: (S1) 171.90; (P) 172.20; (R1) 172.66; Intraday bias in the GBP/JPY is mildly on the upside for 173.57 resistance. Overall outlook is unchanged. Price actions from...