Forex Opinion & Analysis

EUR/USD (daily chart) reached a new 2+ year high of 1.3914 in early trading on Friday before retreating after the dollar-strengthening US non-farm payrolls report.This high slightly surpasses the...

• Strong NFP likely to keep Fed on path towards more tapering• EUR/USD push higher cast in doubt• GBP/USD still locked in narrow range US dollar: After the stronger-than-expected...

Before this morning's labor market numbers were released, many Fed officials including Dudley and Yellen pledged to continue to taper, saying it would take a significant change in the economic outlook...

Currently we are at 1.6369 attempting the break north of the wedge. We are looking for a bullish continuation to the resistance area @ 1.6420-28. The average daily true range (ATR) for the pair...

Good afternoon, dear traders. Today we return to the consideration of the PCI Wheat/F-cattle composite instrument created by GeWorko method. The previous analytical forecast was fully confirmed and...

The Australian dollar is steady in Friday trading, as AUD/USD trades in the low-0.91 range. The Aussie rallied on Thursday following strong Australian numbers. Taking a look at Friday news, there are...

The British pound has posted slight gains on Friday, as the pair trades in the mid-1.67 range. The pound is having a good week, adding about 100 points. In economic news, Consumer Inflation...

USD/JPY is trading just below the 103 level in Friday trade. The yen continues to struggle and has given up about 160 points this week. In the US, Unemployment Claims dropped sharply on...

The ECB did an ECB yesterday, with the bank's boss Mario Draghi talking perhaps even less dovishly than the last time around and surprising the markets once again with a big, loud “pass”...

The EUR/USD bounced from its support on a 60 minute time frame as identified. The pair is up over 233 pips up from its support zone which was given in our analysis on the 3rd of March . The price has...

The euro posted sharp gains on Thursday, as EUR/USD tacked on about 130 points, to close at 1.3870. The pair has settled down in Friday trade. The euro reacted positively as the...

EUR/USD - Breakout attemptDaily chart: Yesterday the Euro strengthened drastically against the USD and closed above the previous highs, possibly taking the currency pair to the 1,40-1,43 levels. This...

Welcoming Draghi's perpetual patience towards further monetary actions, the euro is meeting our expectations today and breaking out of the consolidating range it has traded in since last fall. On a...