Forex Opinion & Analysis

Bearish:  Currently we are at 1.2438 in a channel.  We are looking to continue to the ATR target @ 1.2394 with a further target the 0.618 Fibo @ 1.2349.    Watch the USDX for...

The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a...

The US dollar's gains stalled last week, and on Tuesday, it lost a third of a cent against a basket of major currencies to 105.4 from a peak of 106.3 the week before. Yesterday's pullback more closely...

The AUD/USD has been on a downward trend since the start of the year, hitting fresh lows after only managing a three-wave rise to the 0.6666 March highs, which was part of a triangle pattern visible...

Boosted interest in the Euro emerged after preliminary PMI estimates showed a surprising acceleration in the services sector, which was able to offset the negativity from industrial weakness...

The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week with investors...

Bullish:  Currently we are at 0.6442 in a well built Range.  We are looking to continue to the ATR target @ 0.6489 with a further target the R3 @ 0.6502.    Watch the USDX for...

The US dollar has rallied recently and is now consolidating gains. Geopolitical tensions and hawkish Fed comments are fueling the rise of the US dollar against major currencies like the euro and...

Welcome to today's video where we'll review yesterday's trades, share today's trade ideas, and dive into the latest market news. Join us as we analyze the markets through a technical lens and...

The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down...

The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%.Retail Sales Misses EstimateThe UK release retail...

GBP/JPY is in the red today, not far from its recent highIt continues to hover inside a rectangle structureMomentum indicators are in waiting mode for the next key eventsGBP/JPY is trading lower today...