Forex Opinion & Analysis

General Market Commentary: We are looking for four solid setups today, with plenty of good S/R lines (for both swing trading and candlestick trading). Happy pipping! Yesterday’s EURUSD Signal...

Anticipation over an upcoming Federal Reserve announcement at the conclusion of its two-day meeting kept the U.S. Dollar from strengthening on Tuesday. The greenback was only able to advance versus...

GBP/USDThe pair is trading along a sideways trend.A downtrend will start as soon as the pair drops below support level 1.5880, which will be followed by moving down to support level 1.5800 and then...

EUR/USDThe pair is trading along a sideways trend.A downtrend will start as soon as the pair drops below support level 1.3320, which will be followed by moving down to support level 1.3175.An uptrend...

EUR/USDThe pair is still sable above 23.6% correction at 1.3290 and above Linear Regression Indicators. The RSI is trading above line 50 in a bullish bias forcing us to think that the current bullish...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.30; (P) 157.72; (R1) 158.05; In the intraday bias in the GBP/JPY remains neutral for some more consolidations below 158.54 temporary top. But, the downside...

The British pound was strongest against rival currencies through the European session as the EUR/GBP fell to £0.8391, the GBP/JPY gained to ¥1.5795, the GBP/CHF strengthened to CHF 1.4744,...

Throughout the second half of August the GBP/USD slowly but surely drifted lower away from the resistance level 1.57, and back down below 1.55. In the last few weeks however it has rallied well and...

TodaySo far we have had two rather quiet days in the market, Monday sparked slightly more volatility off of the US data, where as today saw either static or some minor grinds in most pairs.The entire...