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Forex Opinion & Analysis

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Scott Barkley
GBP/AUD: Correct And Go?
By Scott Barkley - Jul 23, 2014

Currently the GBP/AUD is at 1.8016 close to our first target of 1.7997.We are looking for an initial shallow bounce and then a continuation to the unsquared  area at 1.7549.  The average daily true ...

Kenny Fisher
USD/JPY Continues To Trade In Mid-101 Range
By Kenny Fisher - Jul 23, 2014

The USD/JPY continues to have an uneventful week, as the pair continues to trade in the mid-101 range on Wednesday. On the release front, it's a quiet day, with just two events on the schedule. In the...

eFX News
New Lows For EUR/USD
By eFX News  - Jul 23, 2014

EUR/USD has seen a minor break into new lows for the year. 2014 low and more importantly closed below the 1.3476 previous low, notes Commerzbank. "A negative bias will remain entrenched below the ...

Dean Popplewell
RBNZ Bulls Not Affected By Dairy Prices
By Dean Popplewell - Jul 23, 2014

Capital Markets require rate divergence for sustainable volatility, which in turn drives greater investor interest, more volatility and so on. The market just wants price movement. To date, Central ...

Matt Simpson
Aussie Steals The Show
By Matt Simpson - Jul 23, 2014

The Aussiestole the show due to inflation figures hitting target, and probably eradicating any fears of a rate cut this year. Had ot not been for the Australian data then the session would have been ...

Saxo Bank
AUD Jumps As Euro In The Dumps − BOE In Focus
By Saxo Bank - Jul 23, 2014

EURUSD broke to new lows for 2014 yesterday on no specific development and was much more about euro weakness than it was about USD strength. The euro weakness was particularly noteworthy, given the ...

Kenny Fisher
EUR/USD: Sagging Euro Drops To 8 Month Low
By Kenny Fisher - Jul 23, 2014

EUR/USD is under pressure on Wednesday, as the pair trades in the mid-1.34 range in the European session. The euro has slipped to its lowest level since November, and has slipped over 200 points in ...

Avatrade
GBP/USD's Upward Pressure Is Building
By Avatrade - Jul 23, 2014

The GBP/USD is trading within the inverted wedge pattern on a 60 minute time frame. The price is also trading in a downward wedge pattern and a break of this wedge pattern will confirm that we could ...

Barry Norman
US Dollar Surprises
By Barry Norman - Jul 23, 2014

U.S. stocks rose on Tuesday, lifting the S&P 500 to a record, as Wall Street considered quarterly earnings and data that cast a benign light on inflation and progress in the housing market. Asian ...

Forex4you
USD/JPY: still going sideways
By Forex4you - Jul 23, 2014

No real change here: the pair continues to go sideways on almost all time-frames. It may have formed a right-angled triangle with bearish connotations. On the daily chart it looks like the pair is ...

ZIFX com
USD/JPY Turns Around, Remains In Narrow Scope
By ZIFX com - Jul 23, 2014

USD/JPY Open 101.46High 101.62Low 101.32 Close 101.44 On Tuesday the USD/JPY traded within 30 pip range. The currency couple depreciated from 101.62 to 101.44 yesterday, not matching the positive ...

Matt Simpson
USD Index Set To Test 81?  
By Matt Simpson - Jul 23, 2014

We're not too far from this key level and the intraday charts do suggest potential for another stab higher. This is also backed up by EUR/USD bearish charts. Below you may find the video