Forex Opinion & Analysis

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 -...

USD/JPY’s fall from 99.00 extends to as low as 97.15. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the short term downtrend...

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...

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.

The yen continues to post gains against the US dollar in Thursday trading. In the European session, the pair is trading in the mid-97 range. The markets will have plenty of data to sort through on...

A dovish Bank of Canada (BoC) and a better Chinese PMI rattled the Commonwealth currencies overnight. USDCAD rallied after Canada's rate announcement whereas the improved PMI was positive for the...

EUR/USD is trading at the 1.38 level in the European session on Thursday. The pair has shrugged off a host of disappointing European PMIs, as the French, German and Eurozone releases all missed their...