Forex Opinion & Analysis

The EUR/USD pair bounced very sharply from the 1.3640/20 support level during the last week. The pair also traded above the critical 1.3770 resistance level after the bounce. The pair is currently...

The headlines are dominated by the situation in Ukraine, which is finally registering on the market 's radar screen in a bigger way. Risk appetite is distinctly off in Asia and early European hours to...

Market Drivers for March 03, 2014 Risk stabilizes as Ukraine situation at a standstill EZ PMI Better bit better, same with UK Nikkei -1.27% Europe -1.80% Oil $104/bbl Gold $1345/oz. Europe and Asia...

EUR/USD The pair goes parabolic on Friday and closes the week resuming its upward movement flushing out of the market eventual sellers. The exchange rate snapped back to the weekly pivot point at...

The U.S. Dollar weakened against most of the majors and slumped to a one-year low against safe havens like the Swiss Franc. The markets grew concerned as Gross Domestic Product was revised to a yearly...

The Ukrainian situation is causing some risk aversion although it is not the kind of risk aversion we are used to. For starters, the dollar remains very weak despite being considered a safe-haven and...

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue in case the market rises above resistance level 1.3825, which will be followed by reaching resistance level...

EUR/USDRisk reward: 1.62Trend: DownSell at 1.3793 SL 1.3825 TP 1.3741USD/JPYRisk reward: 1.53Trend: DownSell at 101.50 SL 101.82 TP 101.01 GBP/USDRisk reward: 1.81Trend: DownSell at 1.6749 SL 1.6781...

Weekly ReportEUR/USD The pair moved sharply to the upside last Friday to trade around resistance level 1.3810. On the above graph, we notice the importance of stabilizing above the referred to level...

Happy March!  Here is my daily forex chart review for today, March 3, 2014. In today's video, I place orders on AUD/CAD and NZD/USD -- you can find them documented on my blog as well.Below you...

Overall, it was another good week for equities. The Dow Jones Industrial Average finished higher by around 1.4%, and the S&P 500 finished at another record close. Stocks responded to comments from...

Market CommentaryThe US Dollar depreciated across the board especially against the Euro and the GBP. The Euro is trading near the historic resistance of 1.3820 ranges; daily close above 1.3850 ranges...