Forex Opinion & Analysis

Positive corporate earnings combined with forecast-beating economic indicators helped markets regain the ground lost the previous day. These sound results also triggered a movement of funds from bond...

Market Review - 06/02/2013 18:56GMTEuro tanks ahead of ECB meetingThe single currency fell sharply on Wednesday as investors were cautious ahead of the European Central Bank meeting on Thursday as ECB...

Euro traders are taking profit ahead of the European Central Bank's monetary policy meeting. As we warned previously, concerns about Mario Draghi's comments on the currency could lead to unwinding of...

Good morning everyone. We had mixed sentiments again yesterday and were able to capture the initial swings into the European session only. Today, I'm expecting the US Dollar to overall weaken. I'm...

ECB and BOE ahead, EUR/JPY Market DriverLast week’s currency trading reviewThe EUR/JPY is swinging 200 pips daily in a strong uptrend as traders express the Euro strength vs. the crumbling...

Good morning everyone. We had mixed sentiments again yesterday and were able to capture the initial swings into the European session only. Today, I'm expecting the US Dollar to overall weaken. I'm...

USD/JPY extended higher in the last 24 hours after a recent pull-back to 92.00, which was wave iv) of a five-wave rally in larger degree of a blue wave (v). Now we can count five waves up, so we need...

Currently we are at 1.0306. We're sitting above the support at 1.0278 which is the next target. Overall target area is the S5/support at 1.0223 area. The current average daily trading range (ATR) is...

GBP/USD demonstrated the power of support and resistance today. Price reversed the intraday rally stemming from the positive Services PMI number as sellers entered on the 1.5800 key level that...

Since the end of January, EUR/CHF has stayed captured between two lines in a channel down formation (black lines). Yesterday brought us a test of the support and bulls managed to hold 1.2260, which...

Yesterday brought us a small rise in euro value and slowed the bearish correction down a bit. Once bears managed to break 1.3470, they gave up their initiative and allowed bulls to come back above few...