Forex Opinion & Analysis

The USD/JPY pair fell from its resistance level, as predicted in our video analysis yesterday. We have been mentioning this resistance zone in our analysis since April 15. It is also very important to...

The EUR/USD is falling on the back of extremely disappointed German Flash Manufacturing PMI data which came in at 47.9; the original forecast was 49. The pair is trading in a support zone on a 30...

Are the days of austerity numbered? Jose Manuel Barroso yesterday remarked that the euro zone could be at the ‘limit’ of its commitment to austerity given the lack of popular support for...

Asian indices fall and Yen gains as China PMI data expanded less than economists estimated. Flash manufacturing purchasing manager’s index fell to a two-month low of 50.5 against forecast of...

GBP/USD recently broke the support trendline of the 4-hour Triangle chart pattern identified by Autochartist – as is shown on the following trade opportunity alert for this currency pair. The...

The U.S. Dollar retreated against the Yen and traded mixed against the majority of its most traded peers after economic reports showed an unexpected decline in U.S. Existing Home Sales. According to...

Dollar Shies Away from 1.3000 Against Euro, 100 Versus YenThe edge of the market’s angst last week was dulled Monday – helping risk trends stabilize for a mild bounce from US equities and...

EUR/USD - European SessionThe EUR/USD pair dropped yesterday, and is trading below Linear Regression Indicator 34. Stability above 1.2970 levels maintains possible positivity again, as trading above...