Forex Opinion & Analysis

The EUR/USD daily Forex chart has bounced for 2 weeks from the bottom of a 4-month trading range. The rally has stalled at the 20-day EMA. It is a bear flag. If there is a break above last...

Pushing back Chinese tariffs brings a bit of a “risk-on-Asia” feel to the market and this almost always means that the Japanese yen is going to get sold.The New Zealand dollar has been...

MyFXspot.com Trade IdeasEUR/USD: long at 1.1320, take profit at 1.1470, stop-loss 1.1255 USD/CAD: short at 1.3350, take profit at 1.3010, stop-loss 1.3485 AUD/USD: long at 0.7145, take profit at...

Hi traders,USDCAD is sharply recovering from the 1.311 low, giving us first evidences that wave i as part of a bigger bearish cycle is completed, and that wave ii is now in play. Corrective wave ii...

The U.S. dollar, after its strong mid-February run, is sliding. It's fallen on seven of the last eight days, and is now also being dragged down by Treasurys, as traders backpedal into growth on the...

EUR/AUD Bearish: Currently, we are at 1.5840 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonoacci 1.5794. The overall target is the range...

USD/CHF continues to fall inside the 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level –...

EUR/USD has edged higher in the Monday session. Currently, the pair is trading at 1.1362, up 0.25% on the day. It’s a very quiet start to the week, with no eurozone or German events. There are...

The common currency appreciated last week and has settled above the 1.13 threshold after a short-lived jump to a high of 1.1370 earlier in the week. The recent rally seems to have stalled, while the...

EUR/USD: Options and Futures Analysis for February 25, 2019. Total cash investments among the major participants in the CME Group (NASDAQ:CME) of derivatives trading for the euro fell by 1%. The total...

The Canadian dollar rose 0.47 percent on Friday despite retail sales falling unexpectedly in December. Trade optimism offset the data miss as the U.S. dollar remains on the back foot following lower...

The U.S. dollar could extend declines to high-beta currencies if we see continued progress with China and U.S. reaching a broad trade deal that prevents the U.S. from raising tariffs on Chinese goods...

Last week was rather up and down, but the dollar outlook was largely bullish. This should now see some stronger development. GBP/USD has managed to provide a decent Wave i and Wave ii that should...

As the US-China trade negotiations drag on, and as the official tariffs deadline of March 1 is likely to be extended, there is no denial that last Friday’s price action in the currency space...