Forex Opinion & Analysis

EUR/USDThe euro is staking its claim as an alternative to the dollar on concern the world’s largest economy is destined to suffer fiscal upheavals every few months. Europe’s common...

The currency market is bound in very tight range for another session today as the traders wait for the delayed US jobs report before placing their trades. It is very important for the US economy at...

EUR/USDTrading range: 1.3695 - 1.3590Trend: DownwardSell at 1.3681 SL 1.3713 TP 1.3604USD/JPYTrading range: 98.10 - 99.10Trend: UpwardBuy at 98.24 SL 97.92 TP 98.96 GBP/USDTrading range: 1.6145 -...

XAU/USD Spot Gold trades in the near-term consolidative mode, holding within narrow range, off important 1329 barrier. Hourly indicators are in the neutral territory, while 4-hour studies are...

AUD/NZD The cross maintains positive tone, as yesterday’s fresh strength through psychological 1.1400 barrier, tested near-term target and pivotal point at 1.1436, 10/10 peak. Break here is...

USD/JPY The pair remains supported and heads higher, as break above initial 98.14 barrier extended recovery rally from 97.54 low. Positively aligned hourly structure supports further upside with...

GBP/USD The Cable moves lower after losing initial support at 1.6140, with hourly studies turning negative, as the price heads towards psychological 1.6100 support, also a Fibonacci at 38.2% of...

EUR/USD The euro trades in widened consolidative range, with downside being for now protected by hourly 55DMA / 4-hour 20DMA at 1.3650, also Fibonacci 23.6% of 1.3472/1.3702 ascend and previous high...

Autochartist today identified the Key Resistance Level 1.4128 (of the type Approach) on the daily EUR/CAD charts – as can be seen from the following trade opportunity alert for this currency...

General Market Commentary: The USD did pullback yesterday, gaining against most other currencies and opening up a few trade setups for us. Yesterday’s EUR/USD Signal Result: No trades taken...

The U.S. Dollar inched higher versus the majority of its most traded counterparts on the probability that the central bank may hold off on tapering bond purchases this month. The greenback had...