Forex Opinion & Analysis

USD/CAD continues to fall in accordance with the following trade opportunity alert that I received today for this currency pair, which is based on the 15-minute Triangle chart pattern identified by...

USD/JPY Open 97.97 High 98.40 Low 97.08 Close 97.89On Thursday Dollar/Yen increased with 130 pips. The currency couple appreciated from 97.08 to 98.40 yesterday, not matching the negative money flow...

Yesterday’s resistance break triggered our long at 1.3189 – a position got 20 pips into the profit before getting crushed by the bearish onslaught that ensued. Our stop-loss was hit for a...

EUR/USDEnough is enough. After manufacturing contracted in the fastest pace and unemployment rate jumped to 12.1 percent, the ECB President announced a cut in its benchmark interest rate by a quarter...

USD gained against EUR on Thursday. Asian session open with some corrective moves as USD lost some of its gain. Once corrective move completes expect USD to gain further strength . Considering NFP...

GBP/USD Open 1.5530 High 1.5591 Low 1.5495 Close 1.5527On Thursday Pound/Dollar decreased with 95 pips. The Cable depreciated from 1.5591 to 1.5495 yesterday, in line with the negative money flow...

Dollar Likely to Find Greater Drive in NFPs than FOMCThe dollar advanced against all of its primary counterparts this past session – a move that contradicted the prevailing risk trend for the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.96; (P) 152.09; (R1) 153.25;Intraday bias in the GBP/JPY turned neutral first. The consolidation from 153.86 could extend with another decline. Below 150.74...

A critical reversal today in EURUSD that entirely rejected the attempt above the 1.3200 level that took place in thin trading yesterday as we saw EURUSD swooping back into the old range post-ECB...