Forex Opinion & Analysis

I am a technical analyst. I ignore fundamental input when it comes to providing a technical price indicator. I see no sense in trying to combine the two because it will merely corrupt the integrity of...

The GBP/USD failed to break above 1.6822 resistance and stayed in the trading range between 1.6582 and 1.6822. As long as 1.6582 support holds, the price action in the range could be treated as...

Markets Hit Hardest by Ukraine Crisis EUR: At the Mercy of Ukraine GBP: Risk Aversion Overshadows Data Improvements AUD: What to Expect from the RBA NZD: Shrugs Off Sharp Improvement in Terms of...

The euro is likely to fall under pressure this week as on Sunday, Ukraine prepared for a Russian invasion and investors flocked to more liquid currencies like the Swiss franc.The common currency...

Top forex event risk ahead warns of big US Dollar, Euro moves Euro breaks key resistance but fails to close above $1.38, shaping up for a big week The fact that the S&P 500 closed at fresh...

EUR/USDIn the first half of the session EUR/USD was weighed upon by a stronger USD amid a flight to quality with an escalation of tensions in the Ukraine after the Russian parliament voted unanimously...

EUR/USDEuro is moving downwards. We think, today price may form consolidation channel near level 1.3788, break it upwards, and then continue moving upwards to reach target at level of...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of March 3rd–March 7th, with...

The EUR/USD has completed its reverse Head and Shoulder pattern on a 60 minute time frame. The price is trading well above the 100 day (shown in yellow) and 50day (shown in green) moving average,...

The USD/JPY has broken its symmetrical triangle pattern to the downside on a 60 minute time frame. The pair is trading below the 100day (shown in yellow) moving average and the 50day (shown in...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.48; (P) 170.34; (R1) 171.30;Intraday bias in GBP/JPY remains neutral. On the upside, above 171.88 will target 173.65/174.84 resistance zone. However,...

We stress that we now need the perfect storm in the form of both further ECB easing - including rate cuts - and Fed tapering to be completed this year for our 1.26 forecast on EUR/USD to materialise...

EUR/USDCurrent level - 1.3780 Friday's break through 1.3727 resistance unleashed a severe rise all the way up to 1.3823, signaling, that the uptrend on the senior frames has been renewed, towards...