Forex Opinion & Analysis

EUR/USDTrading range: 1.3345 - 1.3420Trend: NeutralBuy at 1.3357 SL 1.3325 TP 1.3407USD/JPYTrading range: 98.80 - 99.50Trend: NeutralBuy at 98.92 SL 98.60 TP 99.37GBP/USDTrading range: 1.5990 -...

The USD moved sharply to the upside on Friday after NFP report, but moves were not so significant against some majors. EUR/USD per example is still above 1.3290 low, while the AUD/USD and some other...

After a busy end to last week, with the shock rate cut from the ECB on Thursday, the unexpected rise in GDP and the non-farm payrolls for the US, we see the USD gain momentum with large falls in EUR,...

We had a good dose of volatility last week, particularly on the surprise rate-cut decision by the European Central Bank. Today, we select five developments from among the G10 currencies to keep on the...

Market traders are once again optimistic that the Federal Reserve may begin trimming stimulus by as soon as December, after the U.S. issued better than estimated Job data which showed that employers...

The Asian session was relatively calm and most major currency pairs were consolidating after much volatility on Friday following the US jobs report. The nonfarm payrolls showed more jobs were created...

Markets continue to adjust after a busy week of key data while the USD struggles to hold gains. The US Q3 GDP report was strong on the headline, but spending is still a drag. US September...

The USD/JPY got close to a retest of 99.40. Importantly we have now broken above 4 month trend line resistance at 98.95 which has acted as support so far today. As long as we hold above here the...

AUD/USD tops for a bear shiftAn unexpected and more notable erosion into the end of last week with a push below chart/ retrace props at .9400/9390 to complete a better top and shift the short term...

EUR/USD: Weekly ReportWeakness dominated trading last week affected by the bearish harmonic AB=CD Pattern. By examining the daily graph of this week, we notice that the pair is stable below the second...

AUD/USD has experienced similar bearish factors as EUR/USD last week - Both currency pairs had Central Bank influences (RBA Statement and ECB rate cut) sending price lower, and were driven further...

Friday’s forecast had a bit of a turmoil, only the NZD/USD and EUR/JPY behaved close to what we thought possible. As we had expected the Japanese yen did weaken against many currencies and the...

The dollar holds firm in the beginning of this week after two consecutive weeks of massive gains. The Friday’s impressive US jobs report keeps alive the chance for December tapering by the FOMC,...

GBP/CHF has risen sharply inside the clear Ascending Triangle chart pattern that was previously identified by Autochartist on the daily charts – as you can see from the following trade...