Forex Opinion & Analysis

The U.S. Dollar hovered close to a six-week high against the Yen and declined against other majors as risk appetite continued to surge in the markets subsequent to the release of robust U.S....

USD index fell to a new swing low, to 80.00 region where market could form a tradeble low for wave (B)/(2). The fact is that decline from the highs is looking corrective, a double zigzag, so sooner or...

European SessionEUR/USDThe pair extended bullishness reaching levels close to 1.3775 which we referred to yesterday as a Potential Reversal Zone of the double harmonic formation showing on graph. Till...

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBP/USD currency pair today. Price action is currently trading above the daily pivot point at the 1.64528 price level,...

Dollar Sees Extreme Period of Quiet as Market Weighs December Taper There is a serious contradiction between fundamental developments and actual price action behind the dollar. Through the opening...

EUR/USD bull threat re-energizing to aim through key 1.3830/35 areaWe have stressed in recent reports that “we see growing risk for a resumption of a more bullish theme through 1.3750.” A...

GBP/USD Open 1.6421 High 1.6469 Low 1.6322 Close 1.6420On Monday the GBP/USD increased with 110 pips. The Cable appreciated from 1.6322 to 1.6434 yesterday, in line with the positive money flow...

Hourly ChartUSD/INR saw a sudden spike this morning, a reflection of the decline in India's main stock index Sensex. However, before Rupee bears get too carried away, it should be noted that the...

USD/CHF MONTHLY:I had highlighted earlier the long-term bearish trend and how we are still technically forming lower highs and lower lows. May's lower high grabbed my attention and also suggested the...