Forex Opinion & Analysis

The EUR/USD bounced from its upward line on a 30 minute time frame. The pair has pierced the Bollinger band at this level, which means that the volatility for the pair is high. The piercing of the...

Finally, the mighty dollar has found some needed love again. The majority of weak dollar long positions have had to endure a few weeks of underwhelming US economic reports. Economic underperformance...

EUR/USDCurrent level - 1.3705 Today's sell-off from 1.3762 broke through the 1.3720 support and is currently testing the dynamic support at 1.3680. While 1.3680 support is intact, the outlook on the...

Market Drivers for February 20, 2014 EZ Flash PMI miss estimates with France contraction deteriorating China PMI misses with employment gauge weakening by worst in 5 years Nikkei -2.15% Europe...

Again the USD/JPY traded lower than we expected yesterday. There seems little to hold us up now, and we are looking for a good re-entry point for short positions. If we can trade back towards 10205 we...

FOMC minutes – few takeawaysThere was not quite as much in the Federal Open Market Committee minutes as the market’s reaction last night would suggest. Yes, there was the mention by a...

EUR/USD The EUR/USD downside attempts yesterday remained limited above 1.3680 during the session and that keeps the possibility of the upside move intact. We can see the pair again above 1.3745 and...

EUR/USD The euro consolidates recent gains that peaked at 1.3772, ahead of fresh push towards strong 1.3800/30 resistance zone. Consolidation is for now contained above strong 1.3690 and breakpoint,...

GBP/USD Open 1.6673 High 1.6735 Low 1.6635 Close 1.6677On Wednesday the GBP/USD decreased with 100 pips. The Cable depreciated from 1.6735 to 1.6635 yesterday, in line with the negative money flow...

The relatively strength of EUR/USD continue to shine even though prices are lower than before, as EUR/USD has fared better than fellow risk currencies AUD/USD and NZD/USD, and tying with GBP/USD in...

AUD/USD was bearish yesterday, continuing the decline seen on Tuesday. However bulls managed to put up a considerable fight, preventing bears easy access below 0.90. Prices did manage to dip below...

AUD/USD is once again trying to turn bearish from around 0.9080 area, where we think that wave (v) will complete wave C, final leg of running flat formation from mid-December. Pair fell more than 100...