Forex Opinion & Analysis

EUR/USD - European SessionThe pair approached the ascending key support level 1.2970 at 23.6% correction before rebounding to the upside. Stochastic is showing oversold signals forcing us to suggest a...

The EUR/USD pair has violated its support zone on a 30 minute time frame as the price as touching this support zone for the third time. However, the price action has broken its downward channel to the...

The AUD/USD pair bounced from its support zone (91.67-90.86, mentioned below) on a daily time frame. This support zone was given in our analysis on 11th June and it is a fresh level of support for...

NZD/USD rallied during yesterday’s early US session after the weaker GDP print sent USD tumbling temporarily. Price fell lower during the rest of the trading session, trading below the ceiling...

GBP/SGD is trading in a downtrend. The current price is near the peak of the downtrend line.Sell GBPSGD at 1.9603Stop level at 2.0070Target level at 1.9000

The euro pared some losses in Asian trade on Thursday as investors turned on the common currency after European Central Bank officials made clear any policy tightening remained a very distant...

The British Office for National Statistics will announce today the final reading of the country's GDP, which is expected not to be modified but to remain at modest growth of 0.3% in the fourth quarter...

GBP/USD Open 1.5321 High 1.5441 Low 1.5296 Close 1.5309On Wednesday Pound/Dollar decreased with 145 pips. The Cable depreciated from 1.5441 to 1.5296 yesterday, in line with the negative money flow...

EUR/USD shifts to a more negative bias through 1.3040/30 to aim for chart supports 1.2930 and 1.2835/20 into JulyWe have stressed over the past week that although we viewed recent price action as...

The stock rally in the US continued for a second day yesterday with all the three indexes in positive territory. Dow Jones Industrials jumped 1.02% and the Nasdaq added 0.85% after GDP numbers for...

EUR/USDTrading range: 1.3050 - 1.2975Trend: NeutralSell at 1.3038 SL 1.3070 TP 1.2988USD/JPYTrading range: 97.55 - 98.25Trend: NeutralBuy at 97.67 SL 97.35 TP 98.12GBP/USDTrading range: 1.5355 -...

Risk sentiment around the world recovered yesterday, with most stock and bond markets around the world ending higher, including EM markets. The dollar gained against most of the majors, although...

Tuesday’s forecast was in the right direction for the most part, in fact except for one pair all other pairs behaved close to what was thought possible. We may see some ranging today and markets...