Forex Opinion & Analysis

EUR/USD is showing little movement at the start of the week. Currently, the pair is trading at 1.1241, up 0.06% on the day. On the release front, there are no major eurozone events. German industrial...

GBPUSD is currently trading around 1.3074 in the US session Monday, jumped almost +0.45% on hopes of delayed smooth Brexit amid lingering political chaos. There was a report that the British PM...

USD/JPY: Wave Analysis And Forecast For March 8 - 15, 2019The pair USD/JPY is still likely to grow. The estimated pivot point is at a level of 110.33. Main scenario: long positions will be relevant...

GBP/USD: Wave Analysis And Forecast March 8 - 15, 2019The pair GBP/USD is still likely to grow. The estimated pivot point is at a level of 1.2776. Main scenario: long positions will be relevant from...

EUR/USD: Wave Analysis And Forecast for March 8 - 15, 2019The pair EUR/USD is still likely to fall. The estimated pivot point is at a level of 1.1419. Main scenario: short positions will be relevant...

USD/CAD: Wave Analysis and Forecast March 8 - 15The pair USD/CAD is still likely to grow. The estimated pivot point is at a level of 1.3298. Main scenario: long positions will be relevant from...

USD The U.S. dollar weakened on Friday amid the jobs report which dented the market sentiment which was already turning sour. Concerns of a global slowdown engulfed the equity markets. This sent the...

EUR/USD unchanged after Friday reboundEUR/USD traded narrowly in light trading in Asia to start the week. The FX pair is currently at 1.1237 after rebounding from channel support on Friday. The U.S....

GBP/USD - GBP/JPY Daily Forecast - March 11, 2019 GBP/USD best support this week at 1.3000/1.2990. Longs need stops below 1.2975. A break lower targets 1.2960, 1.2940 and support at...

We appear to see the dollar reverse back to the downside. There is one exception and that’s the contrarian USD/JPY – but that has been known for a while. There is a risk of one more drop...

There is a potential long opportunity on GBP/CHF on the Daily Time frame. This is a purely technical overview since fundamentals do not affect long term technical setups. Since the beginning of 2019...

EUR/USD looks to recover further higher in the new week despite its lower close at the end of the week (see weekly chart). Support comes in at the 1.1200 where a break will aim at the 1.1150 level. A...

US Dollar Index Speculator Positions Large currency speculators boosted their bullish net positions in the US Dollar Index futures markets this week, according to the latest Commitment of Traders...

Just hours ago, my colleague Fawad Razaqzada noted that “it was not clear whether any real progress was made by Britain and the European Union in reaching an accord.” While there...