Forex Opinion & Analysis

The U.S. Dollar rallied to its highest level in three weeks against the Euro as doubt that U.S. lawmakers will reach an agreement regarding the country’s debt ceiling spread throughout the...

USD/JPYOpen 87.67 High 88.33 Low 86.75 Close 87.21On Thursday Dollar/Yen resumed increasing with 100 pips. The currency couple appreciated from 86.75 to 87.78 yesterday, matching the positive money...

U.S. Dollar Trading (USD) a very volatile day of trading with the USD surging late in the day on the back of hawkish minutes from the FOMC. Some members stated that it would be appropriate to slow or...

The dollar continued to gain ground against all the major currencies in today’s Asian and European trade in the wake of the surprisingly hawkish Fed minutes which suggested that the FOMC may...

Speculations that US lawmakers will be unable to reach an agreement to boost the nation's borrowing limit before the government runs out of money in the next two-months, boosted safe-haven assets...

GBP/USD Open 1.6075 High 1.6253 Low 1.6046 Close 1.6101On Thursday GBP/USD continued slashing with almost 200 pips. The cable depreciated from 1.6253 to 1.6054 yesterday, in line with the negative...

Technical Major CurrenciesEUR/USDThe pair slumped sharply inline with our previous negative expectations and breached 1.3045 support which represents the second target of the negative harmonic...

EUR/USDThe pair has been in a multi-year complex corrective down trend since Jul’08. We prefer to view the setback from 1.4945 (May’11 high) as a wave (Y) of the large corrective pattern...