Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, EUR rose 0.43% against the USD and closed at 1.3592, after the European Central Bank (ECB) President, Mario Draghi rejected the possibility of deflation in the...

The EUR/USD surged up on Thursday after Mario Draghi's upbeat message at the post ECB meeting press-conference took markets by surprise. It broke back above the major trend-line drawn from the July...

EUR/USDTrading range: 1.3605 - 1.3500Trend: Strong DownSell at 1.3593 SL 1.3625 TP 1.3513 USD/JPYTrading range: 101.80 - 102.70Trend: Strong UpBuy at 101.93 SL 101.61 TP 102.59 GBP/USDTrading range:...

EUR/USD The pair moved to the upside yesterday but remained limited below 1.3625 keeping the possibility of bringing back the downside move in light of breaking the key support level of the...

GBP/JPY Daily Outlook Daily Pivots: (S1) 165.52; (P) 166.17; (R1) 167.30; The recovery from the GBP/JPY is still in progress but again, we'd expect upside to be limited by 167.76 support turned...

EUR/USD The euro gained strength after yesterday’s post-ECB strong rally cracked important 1.36 barrier. Basing attempt at 1.35 zone becomes more evident, with positively aligned near-term...

Although many market participants were on standby for action from the ECB, citing the increasing inflation problems in key eurozone countries such as Germany as a reason for further stimulus, Draghi...

In the last few days the Australian dollar has enjoyed a strong move higher moving through the previous resistance level at 0.88 and reaching a three week high around 0.8980.  In the last 24 hours it...

The AUD/USD remains in an uptrend from 0.8660. A further rise could be expected after a minor consolidation, and the next target would be at 0.9040 area. Key resistance is at 0.9085, as long as this...

Non-Farm Payrolls Will Make or Break the Dollar ECB: What Did Draghi Say to Send EUR to 1.36? CAD: Canada Has Jobs Numbers Too! AUD: RBA Quarterly Statement Due NZD: Oil Up, Gold Unchanged GBP: No...

USD/JPY (daily chart) has continued to be weighed down after hitting a 10-week low of 100.75 earlier this week. That low was preceded by a 4.4% decline from the currency pair’s five-year high of...

If you ask any trader or investor what is the most important currency to follow they would probably say the U.S. Dollar. After all, the U.S. Dollar is the world's reserve currency. If someone in Asia,...

CSS Daily FX Update and Outlook for 7th February 2014US Dollar Index – (-0.3%)• Market developments on Thursday were a plenty, with the highlights being the bank of England and ECB monetary...

Talking Points USD/JPY rebounds off key Fibonacci level GBP/USD reverses from key Gann level Next Few days are critical for the S&P 500 Foreign Exchange Price And Time At A Glance: Charts...