Forex Opinion & Analysis

The EUR/USD daily Forex chart has an inside day so far today. In addition, yesterday was an inside day. Consecutive inside days is an ii pattern. It is a neutral and therefore Breakout Mode setup. If...

The pair USD/CHF is still likely to grow. Estimated pivot point is at a level of 0.9892.Main scenario: long positions will be relevant from corrections above the level of 0.9892 with a target of...

The pair USD/CAD is still likely to grow. Estimated pivot point is at a level of 1.3071,Main scenario: long positions will be relevant from corrections above the level of 1.3071 with a target of...

The pair EUR/USD is still likely to fall Estimated pivot point is at a level of 1.1275.Main scenario: short positions will be relevant from corrections below the level of 1.1275 with a target of...

The pair GBP/USD is still likely to grow. Estimated pivot point is at a level of 1.2955.Main scenario: long positions will be relevant from corrections above the level of 1.2955 with a target of...

The pair USD/JPY is still likely to grow. Estimated pivot point is at a level of 109.70.Main scenario: long positions will be relevant above the level of 109.70 with a target of 113.00 – 114.00....

PM hopeful of another short extensionI’m not sure what the public fear more, an potentially indefinite backstop or indefinite negotiations. Theresa May requested another short extension from the...

The Canadian dollar has ticked higher in the Friday session. Currently, USD/CAD is trading at 1.3375, up 0.11% on the day. The spotlight is on employment numbers on both sides of the border. Nonfarm...

EUR/USD is subdued in Friday trade. Currently, the pair is trading at 1.1230, up 0.09% on the day. In economic news, German industrial production climbed 0.7%, edging above the forecast of 0.6%. In...

Investors will be looking to the March payrolls report coming out of the United States and Canada later today.Both economies have seen a slower pace of growth in the first few months this year. But...

The US dollar was seen recovering from the losses from the day before. The weekly jobless claims report dropped by 10,000, falling to 202,000. This was the lowest level since 1969 for the week ending...

This was all about the euro and in particular, the importance of understanding the context, cycle and importance of fundamental news. The news item in question was German Factory orders, which came in...

After reaching fresh five-month highs around the $70 psychological mark, Brent retreated slightly yesterday, with the bearish pressure is intensifying on Thursday as the prices are flirting with $69...

The EUR/USD daily Forex chart reversed down overnight after yesterday’s one day bounce. The bulls expect at least a small 2nd leg sideways to up after the 2 week sell climax down to the bottom...