Forex Opinion & Analysis

The EUR/USD pair fell from its resistance level on a 30 minute time frame as predicted. This resistance zone was given in our analysis on 10th of July. The volatility for the pair has gone back to...

EUR/USDCurrent level - 1.3117The intraday outlook is negative after yesterday's high at 1.3205 and current slide will target 1.3020 support area, before one more rise towards 1.3260 area. Key support...

All you want to say about yesterday’s trading is: wow, what a night! The situation on almost every pair with USD reversed 180 degrees. All because of Ben Bernanke who suggested that QEIII will...

After creating 4 flags out of which 3 ended with a further upswing, USD/CAD decided to fall. Of course the movement was caused by the FED and Ben Bernanke, not the technical analysis. Bernanke...

Just when you thought it was safe to get back into the water, along comes a particular wave that sideswipes you and takes you out of the game. The weaker of the dollar bulls were forcibly pushed out...

A series of extremely dovish comments during Bernanke’s Q&A session late yesterday put the screws to the USD rally and caused a panicky response that was exaggerated by thin liquidity. Is...

EUR/USDEuropean Central Bank Governing Council member Christian Noyer said there are “encouraging signs” of recovery. French production declined 0.4 percent after a 2.2 percent surge in...

Market Drivers for July 11, 2013Volatility continues in reaction to Bernanke remarksAUD employment shows weakness beyond the headlinesNikkei 0.39% Europe 0.72%Oil $106/oz.Gold $1280/oz.Europe and...

EUR/USD is set to rise toward the target level 1.2995 in the next 4 trading days (point B on the following trade opportunity alert for this currency pair). This point corresponds to the last reversal...

General Market Commentary: Whoa! What a day! First off was the giant USD drop, across nearly all pairs, that created a massive rally on the EUR/USD to the tune of 450 pips! I can’t remember the...

The U.S. Dollar depreciated against most of its peers following the release of the FOMC Policy minutes from June which revealed that most of the Federal Reserve officials would like to see a drop in...