Forex Opinion & Analysis

EUR/CZK recently broke the extended Triangle chart pattern identified by Autochartist on the daily charts. The Length of this Triangle is equal to 167 candles. Autochartist rates the overall Quality...

Recap: Our profitable streak into 2013 continues, with 101 pips booked yesterday – 60 on EU and 43 on USD/CHF.Our long on EU was triggered on the 3052 resistance break and quickly jumped and...

The U.S. dollar rallied as demand for safe havens increased following the release of a report which indicated that the U.S. government may run out of money by the month of February. This publication,...

With the exception of USD/JPY, the dollar managed to put in for an advance against all of its major pairings Tuesday. That said, the advance was clearly tepid. The market was holding its breath...

GBP/JPY Daily OutlookDaily Pivots: (S1) 138.94; (P) 140.23; (R1) 140.99GBP/JPY's consolidation from 124.73 is still in progress and intraday bias remains neutral for the moment. Recent rally should...

EUR/USDThe euro halted a loss from yesterday on prospects European Central Bank officials meeting tomorrow will refrain from lowering borrowing costs. The 17-nation currency advanced versus the yen...

EUR/USDTrading range: 1.3055 - 1.3155Trend: UpwardBuy at 1.3067 SL 1.3035 TP 1.3144USD/JPYTrading range: 87.25 - 88.20Trend: UpwardBuy at 87.36 SL 87.04 TP 88.08GBP/USDTrading range: 1.6025 -...

GBP/USD Open 1.6058 High 1.6125 Low 1.6027 Close 1.6052On Tuesday GBP/USD decreased with almost 100 pips. The cable depreciated from 1.6125 to 1.6027 yesterday, in line with the negative money flow...