Forex Opinion & Analysis

EUR/USD recently rose sharply in the daily Falling Wedge chart pattern that was earlier identified by Autochartist– as you can see from the following trade opportunity alert of this currency...

On Friday, the U.S. dollar weakened against the majority of its Forex counterparts following the publication of Non-Farm Payroll reports. Analysts say that on the surface, they appeared to denote that...

EUR/USD The euro has established positive near-term tone on a bounce from 1.3480 zone, where the pair built a base. Extension above 1.36 barrier retraced over 61.8% of 1.3738/1.3475 downleg, on...

EUR/USDThe pair moved to the upside last week and traded above 23.6% correction at 1.3625 levels showing on graph. Stabilizing above the referred to level might extend the upside move that is a...

GBP/JPY Daily OutlookDaily Pivots: (S1) 166.66; (P) 167.34; (R1) 168.56; Intraday bias in the GBP/JPY remains mildly on the upside for the moment as rebound form 163.87 continues. Current development...

The EUR/USD hit the 1.3640 target and saw a high for the day as predicted. Again today we can exit longs and try shorts here with stops above 1.3665. Go with a break higher for a test of the next...

The USD/JPY made it as far as 102.40/50 and topped at 102.64. Overbought short term, so some light profit taking is possible today to immediate support at 102.20. If we continue lower look for 101.93,...

Summary: The Aussie dollar managed to claw back ground last week as trade balance data was positive, and as the RBA started to lift forecast’s for the Australian region; as it expects economic...

EUR/USD: 1.3634 Short-Term Trend: Sideways Outlook: The market traded slightly above 1.3470 level before it rallied strongly at the end of last week. Thus, our working wave count remains intact...

EUR/USD top intact whilst below 1.3680/85 for a bear biasA nudge higher Friday after the mini bullish outside Thursday pattern, but still capped by firm topping barriers at 1.3680/85.Whilst below...

Market CommentaryThe Euro is trading firm after finding support at 1.3500 ranges, enabling the Dollar Index (DX) to again find resistance at the short term resistance of 81.50 ranges with 80.20 ranges...

EURUSD – Potentially Building for an upside BreakoutAfter rejecting 3x off the key 1.3815 resistance level, the pair sold off a few hundred pips, but has since entered a structured channel. What...

On Friday, the AUD strengthened 0.16% against the USD to close at 0.8961 and recorded its biggest weekly advance in five months as the currency continued to benefit from the Reserve Bank of...