Forex Opinion & Analysis

The pair is trading along a downtrend.The downtrend may be expected to continue in case the market drops below support level 1.3345, which will be followed by reaching support level 1.3215.An uptrend...

U.S. Dollar Trading (USD) The USD got a boost as the largest FX pair in the market the EUR/USD crashed after the ECB meeting overnight. The market has been in a strong uptrend for months so it remains...

Dollar Rally Halted as Risk Aversion Fails to MaterializeThe dollar closed out an astounding week, but can the currency transition its impressive rally into a lasting bull trend? This coming week may...

EUR/USDThe pair dropped last week affected by the AB=CD bearish harmonic pattern, trading now below the first target of the pattern at 38.2% correction of the CD Leg at 1.3440. Stability below the...

Monday’s a light day for economic news and so the update on industrial production for France — the leading number of substance today — may receive more attention than usual. In turn,...

EUR/USD Open 1.3363 High 1.3429 Low 1.3352 Close 1.3360On Friday Euro/Dollar decreased with 205 pips. The European currency depreciated from 1.3429 to 1.3352 on Friday, matching the negative money...

Market CommentaryThe Dollar Index (DX) is dwindling around 80.20 ranges on the even of the benchmark equity index of the Dow Industrials (.DJIA) trading tight at the psychological resistance of 14000...

The Egyptian pound continues to weaken, as the central bank attempts to stem the run on the currency by imposing among other measures a tight trading range. Anecdotal evidence suggests that a number...

The euro slipped over the weekend and recovered only slightly on Monday morning, trading at 1.3383 at 8:30 GMT. The currency was under heavy pressure after political uncertainty threatened to throw...