Forex Opinion & Analysis

EUR/USD Tests Key Resistance Trendline; Bias Neutral-To-Bearish

EUR/USD Tests Key Resistance Trendline; Bias Neutral-To-Bearish

EURUSD_27_06_Daily EURUSD opened the week with a muted tone, consolidating its rebound off 5½-year lows marginally below the tough resistance trendline drawn…
USD/CAD Bounces Off A Key Long-Term Resistance

USD/CAD Bounces Off A Key Long-Term Resistance

We’ve spotted a great selling opportunity on the USD/CAD and it’s a great occasion for both the mid and long-term.…
Euro Calm, ECB Hosts Central Bankers

Euro Calm, ECB Hosts Central Bankers

The new trading week kicked off quietly, as there are no European releases on Monday. Not surprisingly, the euro is…
EUR/USD Forecast: $1.05087 And $1.05825 Range Breakout Needed

EUR/USD Forecast: $1.05087 And $1.05825 Range Breakout Needed

Our previous forecast had $1.03920 as a target, but the EUR/USD price was not able to move down from its current…
EUR/USD: Still Vulnerable After Snapping Three-Week Losing Streak

EUR/USD: Still Vulnerable After Snapping Three-Week Losing Streak

The EUR/USD pair moved slightly higher on Friday, helped by a softer greenback across the board. The pair remained on…
What Is Driving Turkish Lira’s Trend?

What Is Driving Turkish Lira’s Trend?

Exotic currency pairs are thinly traded instruments and, therefore, more volatile when compared to other currency pairs. One of the…
Week Ahead: Energy Politics And A Barrage Of Data Releases

Week Ahead: Energy Politics And A Barrage Of Data Releases

There are no central bank meetings next week but there is an avalanche of economic data from America, Europe, and…
EUR/USD: Tight Trading Range, Neutral Market

EUR/USD: Tight Trading Range, Neutral Market

EUR/USD Daily Chart The EUR/USD has been in a tight trading range for the past several bars and is in…
Euro Drifting As German Confidence Dips

Euro Drifting As German Confidence Dips

It has been a relatively quiet week in the currency markets, and the limited activity has continued today, with the…
Sterling Rises Despite Weak UK Data

Sterling Rises Despite Weak UK Data

UK retail sales decline again The pound has edged higher today, shrugging off soft UK releases. Retail sales for May…
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