Forex Opinion & Analysis

GBP/USDThe GBP/USD has started this week very strongly continuing to move higher and getting within reach of 1.6450. In the middle of last week it did well to break through the long term resistance...

AUD/USDThe AUD/USD has started the new week showing some signs of life by moving strongly off the support level at 0.91 and moving back above 0.9150. Last week wasn't so good as it continued its...

EUR/USDTo finish out last week the euro just settled right around the 1.36 level after earlier in the week moving up strongly through the resistance at 1.3550. In the week prior the euro did well to...

GBP/USD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.5854 and the rise extends to as high as 1.6442. As long as the trend line support holds the uptrend could be...

EUR/USDThe pair settled last week in positive territory, supported by the release of inflation data out of Germany, as well as the surge higher by the EUR/JPY, which itself was driven by broad-based...

It’s a well known fact that 95% of “retail” traders (i.e. the small speculators) will lose money trading the financial markets. Little wonder then that small speculators are referred...

EUR/USD What Forex Target Traders See: We are currently sitting at 1.3583. The pair could consolidate for a while since that is what it did in October in this same area. We are looking for a movement...

USD/CAD aims for break above key barriers at 1.0610 and 1.0657A resilient tone and probe still higher going into the end of the week and month to again reinforce the push above the 1.0565 August...

It is pretty astounding that most major of the currencies are unchanged or trading higher against the U.S. dollar this morning because overnight economic reports from Asia and Europe fell short of...

EUR/USDThe pair settled the week in positive territory, supported by the release of inflation data out of Germany, as well as the surge higher by EUR/JPY, which itself was driven by broad-based JPY...

EUR/USDEuro continues moving upwards. We think, today price may reach level of 1.3640, fall down to return to 1.3565, and then grow up again towards target at 1.3700. We should note, that pair is...

The USD/CAD pair has broken out of an ascending triangle pattern a bullish pattern on a 4 hour time frame. If this pattern plays out completely, then we could easily see the price near the 1.078...

The AUD/USD pair has broken a major reversal pattern- Head & Shoulder on a daily time frame. The price is trading below the 50 day (shown in green) and 100 day (shown in yellow) moving average...