Forex Opinion & Analysis

EUR/USDCurrent level - 1.3632Yesterday's corrective pattern ended at 1.3540 low and the uptrend has been renewed, targeting 1.3780 area. The intraday bias is positive as well, with a key support at...

USD/JPY Open 91.72 High 92.30 Low 90.73 Close 91.64On Thursday Dollar/Yen continued increasing with 110 pips. The currency couple appreciated from 90.73 to 91.85 yesterday, matching the positive money...

The Australian dollar is deemed to continue outclassing its Australian counterpart after the Canadian economy tallied its fastest pace of growth in seven months in November as factories and natural...

I've been posting more on the EUR/USD as this move has unfolded.The weekly chart shows the inverse Head & Shoulders break where we'd be looking to 1.373 to achieve the 50% Fib. projection. The...

Recap: We stayed on the sidelines yesterday for EU (and every pair, actually) as no resistance formed to trigger our long. Price did continue to rise, though, and is currently about 20 pips over 1.36....

EURUSD is trading nicely higher since we called end of a wave ii) pull-back at 1.3413. Notice that market moved higher in five waves from that swing low, which represents impulsive wave iii) of a...

EUR/USDThe euro held onto a near 14-month high against the dollar on Thursday on reports that more Americans filed for unemployment benefits last week than anticipated. The dollar continued to move...

USD/JPY squirted higher still overnight and could keep on going on a strong US employment report. Resistance may not lie far from here, however, as the speed of the move will generate strong...

Fundamental AnalysisThe euro is having its best month against the dollar in almost a year. Central bank of U.S confirmed in their FOMC statement yesterday that they are still committed to QE which has...

EUR/USDTrading range: 1.3600 - 1.3705Trend: UpwardBuy at 1.3614 SL 1.3582 TP 1.3691USD/JPYTrading range: 91.90 - 92.85Trend: UpwardBuy at 92.03 SL 91.71 TP 92.75GBP/USDTrading range: 1.5855 -...

I’m talking about the European currencies at this point. There is no doubting the downside right now. Even USD/CHF broke marginally below the 0.9077 low and thus points to further losses to...