Forex Opinion & Analysis

The USD/CHF stayed within a upward price channel on 4-hour chart, remaining in uptrend from 0.9130. The rise extended as high as 0.9583. Initial support was at the lower line of the price channel on...

Thursday was a very interesting day in terms of light volumes. The forward guidance from new BoE Chief Mark Carney in his first meeting was, in our opinion, a great move. Forward guidance really...

We received a bullish alert on the USD/CHF daily using a volatility trend following strategy. Starting from the bottom, the blue wavy line rose above the zero level (red dotted line), indicating a...

EUR/USDJust like GBP/USD, the pair finished the session sharply lower after ECB’s Draghi said that rates are to stay at present or lower levels for extended period and that monetary policy...

While most Americans are off enjoying their July 4th holiday, big moves are happening in the FX market. The euro and British pound dropped to 5 week lows against the U.S. dollar, taking out key levels...

I'm sure you're all aware that today is a US holiday with the European Central Bank and Bank of England both meeting, and that tomorrow (when we will also be suffering from a lack of volume from...

USD/JPY has taken a breather on Thursday, after showing volatility over the past couple of days. The 100 level continues to see activity, as the pair trades in the high-99 range in the European...

The GBP/USD pair has bounced from its support zone on a 30 minute time frame. This support zone was given in our analysis yesterday. The price action is trading above the 50 day (shown in green) and...

No, I am not saying that because of Greek stocks’ falling prices, EUR/USD is expected to dive as well. Although that was the case a year ago, this time the trendline drawn on the EUR/USD chart...

As political uncertainty settles markets ease and thin out ahead of ECB meeting and non-farm payrolls tomorrow. Comments by BOJ governor Kuroda that the ultra-easing monetary policy will be kept in...

It’s no surprise to witness a range bound multiple asset session ahead of tomorrow’s highly anticipated economic release, US non-farm payrolls and today’s BoE and ECB rate...

EUR/USD remains steady in Thursday trading as the pair trades at the 1.30 line in the European session. US markets are closed today for the July 4th holiday. In the Eurozone, today’s highlight...

Gold just traded sideways yesterday and therefore the report has not changed very much. The strategy for both buyers and sellers remains in place.We have the daily pivot point at 1251 and this ties in...