Forex Opinion & Analysis

EUR/USDThe pair finished the London session relatively unchanged despite being weighed upon in the first half of the session by rhetoric from ECB’s Constancio. Constancio said financial markets...

USD/CAD has posted modest losses, as the pair is trading back below the 1.11 line in Tuesday's North American session. It's a quiet day on the release front, with just...

The GBP/USD has bounced from its support zone on a 30-minute time frame. We are forming a double bottom at the moment, however, the upward move is strictly capped by the 50-day moving average (shown...

USD/JPY is steady in Tuesday trading, as the pair trades slightly above the 103 line in the European session. In economic news, the Bank of Japan said it was continuing its current monetary policy. In...

The euro looked poised to rise to three year highs on Tuesday after the European Central Bank indicated that the region was on the upswing by maintaining its current monetary policy last week. The...

EUR/USDThe euro is still consolidating. We think, today the price may move downwards a little bit inside this consolidation channel, leave it upwards, and then continue growing up to reach level of...

The British pound has been one of the worst performing currencies this week.  Of course that doesn't say much when most of the majors have been quietly consolidating.  The combination of...

Currently we are at 0.8487 in a channel. We are looking for a bullish continuation to the Day chart top at 0.8541 watch for the pullback there. The average daily true range (ATR) for the pair...

EUR/USD has edged lower in Tuesday trade, but the pair remains at high levels. In the European session, the euro is trading in the mid-1.38 range. German Trade...

EUR/USD is extending its bearish correction today, pulling back from a 2-year high of $1.3915, hit right before the US nonfarm payrolls release last Friday. The pair had a clear need for a bearish...

EUR/USDCurrent level - 1.3853 The consolidation pattern after 1.3914 peak is still underway and the intraday bias is negative, for a slide towards 1.3820 key support area. The latter should provide...

Market Snapshot: Soft Chinese data rekindled fears of a global economic slowdown. Saturday's trade balance came in significantly below expectations to post the worst deficit this century whilst...

Following a dip below December lows last week the greenback has crept back above 79.60 to trade within a narrow range this week as we await further news from China. At the time of writing we on the...