Forex Opinion & Analysis

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.3650, which will be followed by reaching resistance level...

EUR/USDCyprus won the 10-billion euro ($13.7 billion) lifeline in March in return for pledging to tighten its budget, force losses on uninsured depositors at the country’s two largest banks and...

XAU/USD Spot Gold trades in the near-term consolidative mode, holding within narrow range, off important 1329 barrier. Near-term studies are positively aligned and favor further extension of recovery...

AUD/NZD The cross returns to strength and attempts above 1.1394 high, after completing 1.1394/1.1358 near-term corrective phase, where 55DMA contained pullback. Positive technicals favor extension...

EUR/USDTrading range: 1.3700 - 1.3625Trend: NeutralSell at 1.3687 SL 1.3719 TP 1.3637USD/JPYTrading range: 97.80 - 98.50Trend: NeutralBuy at 97.94 SL 97.62 TP 98.39 GBP/USDTrading range: 1.6190 -...

AUD/USD The pair remains supported and continues to trend higher, as upside acceleration through psychological 0.9600 barrier, tested near-term target at 0.9664, 14/06 peak and Fibonacci 61.8%...

GBP/USD Cable consolidates fresh gains on Friday, when the price peaked at 1.6223 and corrective pullback being established above 1.6140, consolidative floor. However, downside risk persists, as...

EUR/JPY The pair continues to trend higher after last Friday’s corrective pullback found footstep at 133.59. Regain of 134 handle and break above previous peak at 134.17, would open way towards...

The currency markets opened today after the weekend with no big surprises and minimal volatility in this first Asian session of the week. The dollar continues to trade depreciated against a basket of...

CHF/JPY recently broke the “neckline’ of the 4-hour Inverse Head and Shoulders chart pattern that was previously identified by Autochartist – as you can see from the following trade...

The U.S. Dollar remained weak and traded at the lowest price in close to nine months as risk aversion declined in the markets on speculation that the central bank will delay its plans to cut back on...