Forex Opinion & Analysis

EUR/USD The euro remains in a corrective mode off 1.3809 double-top, with pullback being so far contained above important 1.3620 support, previous high of 29/11 and Fibonacci 38.2% retracement of...

Weekly ReportEUR/USDThe pair has mildly retraced ahead of the closing of the previous week following the sharp decline seen on Wednesday and Thursday. However, the closing was achieved below the...

The holiday markets are upon us. Last Friday saw a notable failure by the market to follow through with the recent USD strength as it was perhaps too much to ask to get something more significant...

EUR/USDTrading range: 1.3660 - 1.3735Trend: NeutralBuy at 1.3674 SL 1.3642 TP 1.3724USD/JPYTrading range: 104.20 - 103.55Trend: NeutralSell at 104.06 SL 104.38 TP 103.6 GBP/USDTrading range: 1.6335 -...

EUR/USDThe euro fell to a two-week low against the U.S. dollar on Friday before bouncing back to settle modestly higher as investors sold the greenback to lock in gains from a rally stemming from the...

NZD/USD recently reversed up from the lower support trendline of the Down Channel which has been previously identified by Autochartist on the 4-hour charts (as you can see from the following trade...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.45; (P) 170.25; (R1) 170.73; As long as 166.57 support holds, further rise is expected in the GBP/JPY. Above 171.18 will target 161.8% projection of 147.61...

Hourly ChartThe kiwi dollar rallied in the first hour after market starting trading this week, led by the pullback in USD which affected all USD pairs across the board. However, prices were unable to...

Our previous forecasts headed in our direction for the most part, especially the USD/CAD and EUR/JPY. We did have a sidelined day and pairs were erratic. The Japanese yen weakened slightly and US...

The AUD/USD remains in downtrend from 0.9756 (Oct 23 high), the rise from 0.8820 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour...