Forex Opinion & Analysis

EUR/USDEuropean Central Bank council member Jens Weidmann said the euro’s exchange rate won’t derail the region’s economic recovery. “I wouldn’t consider the euro...

GBP/JPY Daily OutlookDaily Pivots: (S1) 142.07; (P) 143.10; (R1) 144.20;The GBP/JPY lost some upside momentum but a rebound from 137.87 is still in progress, and would extend to retest 147.97...

Dollar Eases a Second Day as Dow Matches Strongest Rally in YearsThe Dow Jones FXCM Dollar Index (USDollar) hasn’t fallen for three consecutive days since December 12. Yet, greenback weakness in...

EUR/USD - European SessionThe EUR/USD pair moved to the upside, benefiting from stability above 1.3000 levels again. This rise remained limited below 1.3080 levels. Stability below 1.3080 levels keeps...

EUR/USDTrading range: 1.3020 - 1.3125Trend: UpwardBuy at 1.3034 SL 1.3002 TP 1.3111USD/JPYTrading range: 95.95 - 95.05Trend: DownwardSell at 95.83 SL 96.15 TP 95.11GBP/USDTrading range: 1.4910 -...

EUR/JPY Trying twice to clear out the 126 figure, the pair failed to take out the upside. It found buyers at the dynamic support and 20ema, which then took a third stab at the upside, but failed,...

Market CommentaryThe Dollar Index (DX) may appreciate to 83.40 and next 84.10 ranges as long as it sustains above 81.90. The US Dollar traded mixed: flat against the Euro, the Swiss Franc and the...

GBP/USD has just broken below the 1.5000 major psychological level in the past week but the pair appears prime for a retest within the day. Using the Fibonacci retracement tool on the recent swing...