Forex Opinion & Analysis

EUR/NZD continues to fall after the recent reversal from the upper resistance trendline of the daily Up Channel chart pattern identified by Autochartist, as you can see from the following trade...

The dollar seems strong today after recent robust data boosted investors’ confidence that the FED may soon consider exiting from the extreme QE policy. The EUR/USD is almost unchanged since...

USD/JPY Open 102.28 High 102.51 Low 101.03 Close 102.34On Tuesday, the USD/JPY increased by almost 150 pips. The currency couple appreciated from 101.03 to 102.51 yesterday, matching the positive...

The Forex market experienced a burst of activity following the long holiday weekend in the U.S. and the U.K. The U.S. Dollar advanced against most of its peers as reports confirmed that Consumer...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.67; (P) 153.65; (R1) 154.86; Consolidation from 156.77 short term top is still in progress, and a deeper fall cannot be ruled out. In that case, downside...

EUR/USDTrading range: 1.2830 - 1.2930Trend: UpwardBuy at 1.2841 SL 1.2809 TP 1.2918USD/JPYTrading range: 102.55 - 101.65Trend: DownwardSell at 102.43 SL 102.75 TP 101.7 GBP/USDTrading range: 1.5000 -...

Currency markets saw renewed activity yesterday. Take for example the EUR/USD pairing, which fluctuated by some 100 points in favour of the greenback over the course of the day, only to then correct...

USD/CHF reversed sharply lower at the end of the last week from 0.9837 to 0.9590, which can be counted as a five wave decline. However, we must keep in mind that a larger trend is up, so we need to...

BIAS: I suspect a correction lower todayResistance: 0.9780 0.9798 0.9817 0.9838Support: 0.9734 0.9718 0.9697-02 0.9678MAIN ANALYSIS: Yesterday's rally was quite persistent and reached 0.9780 this...

An interesting day with chess-like moves. The underlying development in the dollar can be represented by the dollar Index that recorded an important low at 83.43, and continued its move higher. All...