Forex Opinion & Analysis

Today saw a bumpy day for most pairs although the dollar firmly held flat overall. Key levels in the GBP/USD and EUR/USD were met although there remains a test of key levels in the USD/CHF to complete...

GBP/USD headed lower as predicted but broke 1.6170/6165 to retest Monday's low at 1.6119/12. We saw a bounce from here but the double top pattern is still intact keeping the outlook negative and if we...

TodayWe highlighted yesterday the potential for a US dollar reversal and that we were waiting for confirmation, well today Retail Traders continued selling US dollars and our main systems switched to...

The British pound is steady in Thursday trading. In the North American session, the pair is trading in mid- 1.61 range. Taking a look at economic releases, US Unemployment Claims came in higher than...

Thursday’s forecast headed in our direction for the most part, we did have a sidelined market on most pairs. As we had thought the US dollar was all over the place against many currency pairs,...

EUR/USDTrading range: 1.3790 - 1.3890Trend: UpwardBuy at 1.3803 SL 1.3771 TP 1.3880USD/JPYTrading range: 97.40 - 96.45Trend: DownwardSell at 97.26 SL 97.58 TP 96.54 GBP/USDTrading range: 1.6190 -...

How Much Higher Can EURO Rise?USD Ticks Lower On Mixed DataGBP: Subtle But Important Changes For The BoEAUD: Supported By Stronger Chinese PMI And GoldNZD: Shrugs Of Nice Improvement In TradeCAD: Gold...

Talking Points: Weekly Divergence on EUR/JPY Chart False Breakout on the Daily Chart 2 Ways to Trade EUR/JPY on the Hourly A simple glance would convince most that EURJPY is in a weekly uptrend, as...

AUD/USD continues to lose ground in Thursday trading. Early in the North American session, the pair has slipped below the 0.96 line. European session. In the US , Unemployment Claims was a...

EUR/USDThe pair finished the session in minor positive territory, supported by the risk on sentiment following the release of better than expected HSBC flash manufacturing PMI from China, and also by...

New highs were made in currencies overnight but this morning, the Euro and Swiss Franc are struggling to hold onto their gains. Both currencies rose to their strongest level in nearly two years...

The euro hovers at a two-year high against the dollar, recovering from a brief dip following eurozone PMI business sentiment data for October which missed forecasts. EUR/USD flirted with the $1.3800...

Currently we are at 0.8910. We are looking for a bearish continuation to the -0.618 (1.618), Fibonacci area at 0.8834. The average daily true range (ATR) for the pair currently is 75 pips.