Forex Opinion & Analysis

Before the announcement of the results of the Fed meeting, investors are in no hurry to open medium-term positions in the EUR/USDThe EUR/USD bulls tried to resume the attacks and re-tested the...

Due to the FED meeting, which begins today, investors will take a cautious position. Calm trading on Monday was interrupted when bulls attacked the euro after ECB head Mario Draghi's public comments....

USD/JPY is showing little movement in the Tuesday session. In North American trade, the pair is trading at 112.86, up 0.05% on the day. In economic news, the BoJ released the minutes of its monetary...

USD/CHF: The pair looks to build on its Monday gain with more strength envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the...

Since 2011, the Canadian dollar has been hit hard, losing nearly a third of its value, while creating a series of lower highs and lower lows. After declining nearly 30% into the lows of 2016, the...

Bearish EUR/GBPCurrently we are @ 0.8951. We are looking for a continuation to the square up @ 0.8875 and then continuing to the 0.618 Fibo @ 0.8850 area. The average daily true range (ATR) for the...

GBP/NZD continues to rise inside the extended 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level...

The US Dollar continues to see an upside against other major currencies ahead of the Federal Reserve meeting on Wednesday, where many believe that the interest rates could be increased. This trend...

Market Drivers September 25, 2018 Preet downplays Draghi comments Seesaw moves in FX Nikkei +0.29% d DAX 0.07% Oil $72/bbl Gold $1198/oz. Bitcoin $6400 Europe and AsiaEUR: Wholesale Prices 0.3% vs....

Yesterday the EUR/USD made new mid-term highs but the main pair is dangerously getting closer to create a bearish reversal pattern. The price is currently trying to create a head and shoulders...

Daily Forex Market Preview, 25/09/2018The markets were seen trading quietly on Monday. Following the new tariffs on China coming into effect since 24th the markets were seen to be a little spooked....

USD/JPYRemains in a bullish up trend making higher highs and higher lows. As long as price is above 112.50-112.40 trend will remain bullish. Price is also breaking above a long-term trend line...

AUD’s 2018 bearish channel continues to hold and is likely to tempt bears with a test of its upper trendline. Yet, with bullish technicals appearing on the weekly chart whilst major commodity FX...

Not all was going to plan yesterday. We saw a final blip higher in EUR/USD and a break higher in USD/CHF. USD/JPY appears to have seen a relatively shallow pullback and in GBP/USD an adjustment in the...