Forex Opinion & Analysis

The greenback has pulled back on Thursday after the initial rally across the board. The EUR/USD pair regained the 1.15 figure, while the cable jumped above 1.30 due to dollar correction coupled with...

The pair EUR/USD is likely to grow. Estimated pivot point is at a level of 1.1461.Main scenario: long positions will be relevant from corrections above the level of 1.1461 with a target of 1.1635...

NZD/USD looks to be unfolding a five-wave bearish movement, down from 0.6698 high. We specifically see black wave iii in play which is the strogest leg and is also in this case extended. We think that...

Yesterday was a bull day after a 6 day selloff down to support on the EUR/USD daily Forex chart. There will probably be a trading range between 1.15 and 1.1650 for over the next week or two. The...

The pair GBP/USD is still likely to grow. Estimated pivot point is at a level of 1.2920.Main scenario: long positions will be relevant from corrections above the level of 1.2920 with a target of...

The pair USD/JPY is still likely to grow. Estimated pivot point is at a level of 113.51.Main scenario: long positions will be relevant above the level of 113.51 with a target of 115.00 –...

Gold price is being corrected after the rise in the middle-term upward momentum. Those, who haven’t yet opened position purchases, have a good opportunity to buy XAU/USD in the 50%...

The US Dollar Index is often a topic of debate within financial circles. Every minor move tracked to determine how it will impact other markets and the economy. It gets to be too much some times. On a...

GBP/NZD continues to rise inside the clear daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar level –...

The US dollar further extended gains against other currencies, as the US Dollar Index (USDX) closed for the sixth consecutive trading day higher, spurred by higher yields on US Treasuries. Even...

EUR/USD has posted slight losses in the Friday session. Currently, the pair is trading at 1.1494, down -0.18% on the day. On the release front, German data was positive. Factory Orders jumped 2.0% in...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.76; (P) 131.18; (R1) 131.62; Intraday bias in EUR/JPY remains neutral with focus on 130.86 resistance turned support. On the upside, break of 133.12 will...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6173; (P) 1.6227; (R1) 1.6320; EUR/AUD rises to as high as 1.6306 so far today. The break of 1.6252 resistance confirmed that pull back from 1.6353 has...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1470; (P) 1.1507; (R1) 1.1550; Intraday bias in EUR/USD remains neutral for consolidation above 1.1463 temporary low. Upside of recovery should be limited...