Forex Opinion & Analysis

Currently, we are at 1.3033 as the pair positions itself prior to FOMC.Two scenarios: Bullish: a bounce will target the 1.3150 area based on its ATR. 2: Bearish: A breakout here would set up a nice...

GBP/CAD traded lower today, after it hit resistance near the 1.7285 hurdle yesterday. The pair has been trading within a sideways range between that zone and the 1.6975 support territory since January...

EUR/USD outlook remains higher towards 1.1400 zone as more gain is expected. Support lies at the 1.1300 where a break will target the 1.1250 level. A break below here will target the 1.1200 level....

EUR/USD is showing little movement on Wednesday, after posting gains in the previous two days. Currently, the pair is trading at 1.1339, down 0.02% on the day.It’s a light day for fundamentals,...

Stocks across Asia were mostly higher this morning after strong U.S. earnings and cautious optimism over U.S. - China trade negotiations influenced risk sentiment.U.S. President Donald Trump’s...

The U.S. dollar extended the declines for the fourth consecutive session. The drops come ahead of the Fed minutes due today. The U.S and China trade talks resume ahead of the March deadline alongside...

The market owners' cash investments in derivatives on the Australian dollar by CME Group (NASDAQ:CME) exchanges amounted to $19 billion 464 million. The capitalization of investments decreased by 4%....

Narratives in Financial MarketsThe USD continues to trade on the back foot as reports emerge that U.S. trade negotiators aim to target a more stable yuan as part of the comprehensive trade deal being...

US and Chinese trade negotiators kicked off another round of talks today after President Trump labeled last week’s discussions in Beijing “very productive.” Today and tomorrow...

During the Tuesday session, we have seen a significant amount of US dollar selling. Whether it be against the Euro, the British pound, or perhaps more telling, gold, the greenback has been hammered....

The EUR/USD daily Forex chart formed a 4 day micro wedge bottom. Yesterday was a bull bar and therefore the 1st leg up. A micro wedge typically leads to at least 2 legs up. Therefore, today or...

EUR/USD and S&P 500 signals are positive.Perhaps last Friday was an important markets threshold, demonstrating the dominance of bullish sentiment. The key currency market pair, EUR/USD, once again...

EUR/GBP Bearish: Currently, we are at 0.8718. IF we can break the support here, we are looking for a continuation to the Day chart bottom at 0.8623 and possibly to the 0.8900. The average daily true...

Germany and Italy are dark spots on the euro-area economic map.When EUR/USD has been trading in the range of 1.12-1.18 during the past 9 months, and the Forex volatility is down to the lowest levels...