Forex Opinion & Analysis

As can be seen from the following opportunity alert that was generated by Autochartist for EUR/JPY, the pair is expected to fall toward the target level 105.975 in 13 days. The pair recently reversed...

The U.S. Dollar gained against most of its peers at the end of last week as data revealed that the Trade Deficit contracted more than forecast from $48.6 to $38.5 billion. Analysts explained that the...

The euro moved very little against the dollar during the Asian session as most investors are celebrating the Chinese Lunar New Year. The EUR/USD pair is trading near its two week low as investors are...

EUR/USDTrading range: 1.3405 - 1.3300Trend: DownwardSell at 1.3391 SL 1.3423 TP 1.3314USD/JPYTrading range: 92.80 - 91.85Trend: DownwardSell at 92.67 SL 92.99 TP 91.95GBP/USDTrading range: 1.5820 -...

Contrasting outlooks for the Bank of England and the European Central Bank are deemed to continue strengthening the British pound and weighing on the Euro today. Incoming BOE governor Mark Carney...

EUR/USDThe euro touched a two-week low against the dollar on signs the region’s economy is slowing amid political uncertainty in Italy and Spain. The 17-nation currency held a three-day loss...

The Retail Sales number from UK will be widely watched as this is a high impact yet very tradable report. Here is the forecast for this release:4:30am (NY Time) Forecast 0.5% Previous -0.1% DEVIATION:...

We´ll be getting the U.S. Core Retail Sales (and Retail Sales) figure out tomorrow. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic...

BOE will be releasing its Quarterly Inflation Report Wednesday it is BOE’s own projection for inflation (CPI and Core CPI) and economic growth for the next 2 years. The Governor, Melvyn King,...

Recap: Friday was fairly quiet aside from a few false breaks, EU included. For EU our short was triggered on the 12:50 support break at 1.3378. Price slowed to a crawl, though, and that position was...