Forex Opinion & Analysis

EUR/USDTrading range: 1.3095 - 1.3170Trend: NeutralBuy at 1.3108 SL 1.3076 TP 1.3158USD/JPYTrading range: 97.75 - 97.10Trend: NeutralSell at 97.62 SL 97.94 TP 97.17GBP/USDTrading range: 1.5415 -...

Monday’s forecast was in the right direction for the most part. Looking to see some retracements happening from the moves that occured Friday and Monday. Today US Dollar could lose some steam...

GBP held onto support yesterday apart from a small blip to 1.5344, but this was soon rectified and back up we came. Our 240 min charts are still pointing higher, but we need to overcome 1.5470 now to...

BIAS: While 128.40-70 caps, we should see losses to 126.80 and 125.55-75Resistance: 128.40-70 129.20 129.60 129.90Support: 127.85-95 127.05-27 126.80 126.35MAIN ANALYSIS: Losses were seen...

Yesterday’s summary on the outlook for the day proved accurate: “I’m not quite so certain that we’re going to get a particularly aggressive day today. I do see some...

EUR/USD Open 1.3128 High 1.3144 Low 1.3057 Close 1.3113On Monday, the EUR/USD traded within the 85 pip range. The European currency appreciated from 1.3057 to 1.3144 on Monday, not matching the...

The USD/JPY remains in uptrend from 93.79.The fall from 98.70 is a likely minor consolidation of the uptrend. Further rise could be expected after consolidation, and the next target would be at the...

A relatively quiet Monday provided some form of a late bounce in the USD, as crosses found some support. Various speakers are up this week with the potential to cause some rebuttal or possibly some...

A far more aggressive rally than expected and a fully re-energized bull theme with the acceleration last week through the pivot area at 1.0285/95, better barriers at 1.0385/90 and the peaks at 1.0421...

The USDThere have obviously been a boat load of US dollars bought over the last four sessions. There are some preliminary technical signs that the near-term momentum may have exhausted itself and...

Article Summary: The US Dollar, Japanese Yen, and major forex pairs have seen substantial volatility, but history shows things could get even worse. How might we play it? It’s difficult to...

EUR/USDThe pair managed to recoup overnight losses and settled the session only in minor negative territory, after a move lower by USD/JPY through overnight lows in the closing hours of trade, as well...

USD/JPY had a long run up, but looking at the monthly chart we think it is time for it to retrace to at least 88 before deciding on the trend. The main reasons we see the turn -- 50% retracement level...