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Forex Opinion & Analysis

Pound Could Hit Further Highs Vs. Yen
By Dailyfx  - Sep 18, 2014

GBP/JPY – Retail forex traders have sold aggressively into the British Pound’s breakout versus the Japanese Yen, and a contrarian view of crowd sentiment points to further GBP/JPY ...

Euro Likely To Ignore SNB, Test SFr1.20
By Dailyfx  - Sep 18, 2014

EUR/CHF – Retail traders remain near their most long the Euro versus the Swiss Franc on record, and such incredibly one-sided positions warn that the EUR/CHF may continue onto test key ...

eFX News
Sterling’s Post-Referendum Outlook
By eFX News  - Sep 18, 2014

The following is GBP/USD range and outlook for next week as provided by Bank of Tokyo-Mitsubishi UFJ (BTMU). GBP/USD – NEUTRAL BIAS – (1.5200-1.6700) In light of the importance of the ...

GBP/USD Opened At Higher Highs
By Dailyfx  - Sep 18, 2014

Talking Points GBP/USD Opens to Higher Highs Event Risk may Increase Volatility Bearish Reversal Signaled Under 1.6329 (Created using FXCM’s Marketscope 2.0 charts) The GBP/USD continues to ...

Ben Myers
Is Bitcoin’s Downward Trend About to End?
By Ben Myers - Sep 18, 2014

The downward trend observed yesterday gained strength today, with the average of (Bitcoin) prices across all exchanges falling just over 2% to $445.62. It is suggested that traders on BTC-e are using ...

Kenny Fisher
Euro Woes Continue After Fed Statement
By Kenny Fisher - Sep 18, 2014

After limited movement for more than a week, the euro took a hit late Wednesday after the Federal Reserve policy statement. The EUR/USD has steadied on Thursday, as the pair trades in the high-1.28 ...

Forex Time
GBP/USD Trades Cautiously
By Forex Time  - Sep 18, 2014

Despite another robust economic performance from the UK this morning with retail sales up 3.9% compared to August 2013, the GBP/USD pair has traded cautiously as we head into the afternoon session. ...

Munther Marji
Can Cable Bulls Test 1.6346/88?
By Munther Marji - Sep 18, 2014

The pound dropped after testing 1.6346, which was expected, and helped us make some profit of the sell signal. However, in spite of reaching a 1.6245 after the FED, the pound recovered to 1.6321 this ...

USD/JPY: strong up-trend continuing
By Forex4you - Sep 18, 2014

The USD/JPY has continued to rise strongly after breaking out of its large multi-month triangle. It is in a concerted short-term up-trend. It extended its rise even further after the FOMC on Wednesday...