Forex Opinion & Analysis

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...

It's that time of the month - employment Friday. North America gets to see how many individuals are gainfully employed and who are contributing to the bottom line in the US and Canada. Of late, NFP...

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...

EUR/USDCurrent level - 1.3869 Yesterday's break through 1.3781 initiated a strong impulse and the pair is already testing 1.3893 resistance area. My outlook is bullish, for another leg upwards, to...

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 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...

Boring monetary policy grabbed the headlines once again yesterday, as the Bank of England and the European Central Bank both decided to leave rates and alternative policy ideas alone for now. The...

EUR/USDThe euro rallied to a two-month high against the dollar after European Central Bank President Mario Draghi said inflation is expected to rise gradually, damping bets policy makers will...