Forex Opinion & Analysis

EUR/USD for Wednesday, December 11, 2013The Euro has enjoyed a solid move higher now for the last week and in recent hours has run into a wall of resistance at 1.38. To finish out last week and to...

EUR/USD Open 1.3763 High 1.3795 Low 1.3734 Close 1.3757On Tuesday Euro/Dollar increased with 60 pips. The European currency appreciated from 1.3734 to 1.3795 yesterday, matching the positive money...

BIAS: We should see the 1.6485-1.6516 area cap for a correction lowerResistance: 1.6465 1.6485 1.6516 1.6531Support: 1.6420-34 1.6390 1.6366 1.6352MAIN ANALYSIS: The rally extended to 2 points above...

AUD/USD is facing the resistance of the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 0.8990 could be treated as consolidation of the...

Impact Of Profit Taking On USD/JPY And Gold EUR Hits Fresh Highs Despite Dispersion In Growth NZD: What To Expect From The RBNZ AUD: Shrugs Off Weaker Chinese IP CAD: Financial System Review Reveals...

-Retail FX traders are their most net-short EUR/USD on record-Our retail forex sentiment-based Momentum2 system strategy is long from $1.3649 - A contrarian view of crowd sentiment favors further...

The EUR/USD is moving towards its resistance on a 4 hour time frame. The Fibonacci retracement shows that the price has crossed its 61.8% retracement level and it is more than likely that it...

The USD/JPY has broken its upward channel on a 30-minute time frame. However, the price is finding its support near the 100 day moving average, but it is important to point out that the lower line of...

The lack of U.S. economic reports on the calendar today means that it should be a subdued North American trading session in the foreign exchange market. The dollar is trading lower across the board...

EUR/USDEuro couldn’t form descending impulse so far and continues moving upwards. Market reach all targets of extensions and according to main scenario, it may start forming correctional...

EUR/USD Daily Analysis: EU continued to push upward yesterday, above it’s already bullish channel. At this point there is not much upshot in getting long (besides the trend) as the pair is very...

GBP/JPY Daily OutlookDaily Pivots: (S1) 168.61; (P) 169.16; (R1) 170.22; More.....The break of 169.13 confirmed resumption of larger rally in GBP/JPY. Intraday bias remains on the upside and current...

EUR/USDCurrent level - 1.3744 The bias remains positive, for a tight test of 1.3832 resistance area and only a violation of the crucial low at 1.3690 will signal, that a reversal is already in...