Forex Opinion & Analysis

Today we are seeing a strong bearish momentum on the Euro versus the Dollar. This impulse has taken the price below the 1.3600 level. Now that the level of the 1.3600 has been broken, this same level...

The Canadian dollar has posted modest gains on Wednesday, as USD/CAD trades below the 1.10 level in the North American session. In economic news, it's a quiet day in the US, with just three releases....

Talking Points US Dollar Continues to Test 2-Month Support S&P 500 Still Inside Familiar Resistance Cluster Crude Oil Probing Above December Swing Top US DOLLAR TECHNICAL ANALYSIS – Prices...

• Sterling spikes after BoE inflation report• Gains particularly strong against EUR, CHF• AUDUSD possibly set to test 0.920/50 Today’s big mover was sterling, as the Bank of...

The Japanese yen continues to show little movement this week, as USD/JPY trades in the low-102 range in the European session. In economic news, Japanese manufacturing numbers disappointed,...

Is Bitcoin going to be around in the long-term? The answer to that question is above my pay grade. I will leave that one for others to answer. Purely Technical From a purely technical perspective,...

Talking Points US Dollar Technical Strategy: Holding Long via Mirror Trader Basket** Support: 10617-20 (horizontal pivot, 38.2% Fib exp.), 10592 (23.6% Fib exp.) Resistance: 10642 (76.4% Fib exp.),...

All of the major currency pairs are trading higher against the U.S. dollar this morning except for the Euro and Swiss Franc. Everyone’s focus is on the British pound today, which soared on the...

Sterling has moved to new session highs, even as the euro is pinned near its lows. The market's response to the Bank of England's Quarterly Inflation Report and updated forward guidance is going to...

EUR/USD topping structure leaves setback risk toward 1.3555 and 1.3495A head fake rally and setback Tuesday, as we have continued to flag, stalling at and capped by firm topping barriers at...

Currently we are at 0.9025 after the break north of the wedge. We are looking for a bullish continuation to the Day chart Trend line/resistance area at 0.9047. The average daily true range (ATR) for...

EUR/USD, “Euro vs US Dollar” Euro is still forming ascending structure. We think, today price may reach level of 1.3700 and then start falling down towards level of 1.3640. Later, in our...

The AUD/USD pair has bounced strongly back up from its support zone on a daily time frame as predicted. The support zone was given in our analysis on the 29th of November and the price has moved 3607...