Forex Opinion & Analysis

As you can see from the following trade opportunity alert for EUR/JPY, this currency pair recently broke the 4-hour Triangle chart pattern identified by Autochartist. The pair is expected to reach the...

The U.S. Dollar traded mixed against most of the majors at the end of last week, after global equities fell by more than $1 trillion, and as the group of 20 finance ministers and central bankers met...

GBP/USD has extended higher in the last two weeks after its broken trend-line connected from above 1.6300. As such, we labeled its recent big fall as a completed five wave fall in wave I, followed by...

EUR/USDThe euro rose versus the greenback before Giorgio Napolitano is sworn in to a second term as Italian president. In Italy, Napolitano could begin consultations on a new government as soon as...

EUR/USD - Weekly ReportThe pair fluctuated sharply last week pushing the pair to trade again below resistance level 1.3115. But we find the pair stable above 23.6% correction at 1.2970, as Linear...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.10; (P) 151.30; (R1) 152.75;Intraday bias in the GBP/JPY remains on the upside for further rise. Consolidation from 153.86 might extend further with another...

EUR/USDEUR/USD could stand to benefit this week from the news that the Italian President Napolitano has ended uncertainty by confirming he will stay on in the broadly ceremonial - albeit still...

EUR/USDTrading range: 1.3090 - 1.3015Trend: NeutralSell at 1.3077 SL 1.3109 TP 1.3027USD/JPYTrading range: 99.45 - 100.15Trend: NeutralBuy at 99.58 SL 99.26 TP 100.03GBP/USDTrading range: 1.5250 -...

NZD/USD – Forming Price Action Squeeze – More Downside? For about a week now, the Kiwi has been forming a price action squeeze pattern, being hemmed in continually by the 20ema carry, thus...