Forex Opinion & Analysis

EUR/USD - European SessionThe pair’s attempt to the upside was halted below key support level of the technical formation which is the Rising Wedge, as the current trading resides below Linear...

The French economy is out of recession according to figures released yesterday, expanding by 0.5% in Q2 of this year, with stronger domestic consumption the key driver. We have seen 2 consecutive...

EUR/USDThe euro traded largely flat against the dollar on Wednesday even after data revealed the euro zone economy broke free from its recession in the second quarter. The euro enjoyed some support on...

Finally the Eurozone after a year of negative GDP growth figures has seen some positive growth for the latest quarter. In particular the flash GDP growth for the previous quarter was out 0.3% beating...

NZD/USD continues to rise in the direction of the Key Resistance Level 0.8119 (of the type Approach) identified by Autochartist on the daily charts. The pair is set to reach this target level in the...

Yesterday’s EUR/USD Signal Result: EU continues to consolidate sideways (for the most part), but remains bearish under 1.34. Today’s Signal: We are tracking an intraweek rising support,...

USD/JPY Open 97.94 High 98.43 Low 97.57 Close 98.08On Wednesday Dollar/Yen traded within the narrow 55 pip range. The currency couple appreciated from 97.85 to 98.43 yesterday, matching the positive...

The pair is trading along an uptrend.The uptrend may be expected to continue in case the market rises above resistance level 1.5535, which will be followed by reaching resistance level 1.5600.A...

The pair is trading along an uptrend. The uptrend may be expected to continue while pair is trading above support level 1.3280, which will be followed by reaching resistance level 1.3350.A downtrend...