Forex Opinion & Analysis

Apple Inc, (AAPL) has found a good support around the 537.16 level, where the 55 EMA (purple) is at the moment. But during the past few days, the instrument has been stuck around this area. If the...

2014 promises to normalisze the dollar perspective. However, there are risks that may affect the currency. Analysts at Wells Capital Management do not believe in the stability of the U.S. dollar. ...

Yesterday's ECB rate announcement was a non-event as expected. The Central Bank held its key policy rate at 0.25%, with EUR/USD barely moving 10 pips when the announcement was made. Strong market...

The USD/JPY remains in uptrend from 96.94 (Oct 25, 2013 low), the price action from 105.44 could be treated as consolidation of the uptrend. Key support is at 103.91, as long as this level holds, the...

Non-Farm Payrolls Preview, Impact on USDECB: Stronger Forward Guidance is Negative for EURGBP: Ignores Stronger Trade DataUSD/CAD Hits 4-Year HighsAUD: Shrugs Off Stronger Retail Sales, Chinese Trade...

Top 3 Forex Picks For 2014 In this article I dissect the forex markets and present my top 3 forex trades for 2014. Thinking back to January of last year, there were many predictions made and with...

The British pound is steady in Thursday trading, as the pair trades in the mid-1.64 range in the North American session. Taking a look at economic releases, the BOE maintained the QE and interest rate...

Australia Dollar continues its descend against Greenback, with prices unable to mount any significant bullish response despite stronger than expected Retail Sales, highlighting the strong bearish...

The EUR/USD has edged above the 1.36 in Thursday trading, as the pair continues to have an uneventful week. In the Eurozone, today’s highlight is the ECB rate announcement....

EUR/USDThe pair failed to hold onto earlier gains and settled the session little changed after EUR came broad based selling pressure as market participants digested more aggressive wording by Draghi...

The main takeaway from today's European Central Bank meeting is that low inflation and the volatility in money market rates are becoming a bigger headache for the central bank. While the ECB left...

The AUD/USD is trading quietly in Thursday trading, as the pair trades in the high-0.889 range late in the European session. In economic news, key Australian numbers were a mix, as Building Approvals...

Currently we are at 1.6482. If we negate the Head and Shoulders pattern here we are looking for a bullish continuation to the resistance area at 1.6516 and the next target the 0.214 Fibonacci at...

EUR/USDEuro completed descending structure towards level of 1.3555 and right now is forming new ascending structure. We think, today price may form reversal pattern and start moving upwards to reach...