Forex Opinion & Analysis

The pair GBP/USD is still likely to grow. Estimated pivot point is at a level of 1.3105.Main scenario: long positions will be relevant from corrections above the level of 1.3105 with a target of...

The pair USD/JPY is still likely to grow. Estimated pivot point is at a level of 110.33.Main scenario: long positions will be relevant above the level of 110.33 with a target of 112.60 – 113.67....

The pair XAU/USD is still likely to grow. Estimated pivot point is at a level of 1285.93.Main scenario: long positions will be relevant above the level of 1285.93 with a target of 1385.94 –...

The DAX has posted sharp gains in the Friday session. Currently, the DAX is at 11,658, up 1.24% on the day. In France, the CAC 40 has gained 0.80%, trading at 5281 points. The indices have received a...

CAD/JPY edged north yesterday, breaking above the key resistance (now turned into support) barrier of 84.45, marked by the highs of February 25th and 27th. The advance continued today as well, with...

EUR/USD is almost unchanged in the Friday session, continuing the lack of movement seen on Thursday. Currently, the pair is trading at 1.1376, up 0.05% on the day. There are a host of events on both...

CAD/CHF recently broke the hourly Double Top chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Double Top chart at the 7-bar level – which is...

Today’s setups are a bit odd. We start with the two occasions on the AUD but the thing is that one is bullish and the other one is bearish. How is that possible? Well, it means that second...

GBP/USD paused on Thursday, after recording gains throughout the week. In the North American session, the pair is trading at 1.3296, down 0.10% on the day. In economic news, there are no major British...

GOLD remains vulnerable with eyes key support at 1,302.00 zone. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut...

MyFXspot.com Trade IdeasEUR/USD: long at 1.1320, take profit at 1.1470, stop-loss 1.1255 Market OverviewU.S. GDP increased at a 2.6% annualized rate in the fourth quarter after expanding at a 3.4%...

The Canadian dollar has lost ground in the Thursday session. Currently, the pair is trading at 1.3205, up 0.37% on the day. On the release front, Canada’s current account deficit widened to...

NZD/USD Bearish: Currently, we are at 0.6835 in a range and a channel. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonacci at 0.6767. The overall target is the...

GBP/AUD continues to rise inside the hourly Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel chart at the 5-bar level –...