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Forex Opinion & Analysis

GCI Financial
Pound Reverses Its Gains This Morning
By GCI Financial - Sep 02, 2014

For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6612.In economic news, the UK market PMI edged down in August to 52.5, falling to its lowest level in 14-months, ...

Saxo Bank
Why I'm Bullish On AUD/USD
By Saxo Bank - Sep 02, 2014

Alex Joyner from Faraday Research is looking at AUDUSD and explains his bullish position: "Over the last week or so the Aussie has started to gain a bit more upside traction and we have a bullish ...

James Chen
EUR/USD Declines, Hits Close To One-Year Low
By James Chen - Sep 02, 2014

Yesterday, EUR/USD (daily chart shown below) declined even further to hit close to a one-year low of 1.3118, just slightly above its downside support target of 1.3100. Not since early September of ...

AUD/USD: rising within sideways consolidation
By Forex4you - Sep 01, 2014

The aussie is stuck in a sideways consolidation after rebounding off the January lows. There is a slight upside bias within the consolidation, visible on the 4-hour chart, and if the exchange rate ...

Talking Forex
EUR/USD Starts The Week On The Backfoot
By Talking Forex - Sep 01, 2014

EUR/USD The EUR/USD started the week on the backfoot during Asia-Pacific trade as participants looked ahead to this week’s ECB rate decision with speculation mounting over potential further ...

GBP/USD: fledgling up-trend begins
By Forex4you - Sep 01, 2014

The very short term trend visible on the 4-hour chart has actually now reversed from down to up. In addition the RSI indicator has given a buy signal after being oversold. Therefore in the short-term ...

Growth Aces
All Eyes On Central Banks This Week
By Growth Aces - Sep 01, 2014

USD/JPY: long at 103.80, target 104.70, stop-loss 104.00 (we have locked the profit and moved the stop-loss to 104.00 from 103.30 previously) GBP/USD: long at 1.6575, target 1.6690, stop-loss ...

Saxo Bank
FX Update: Market Gears Up For Data Bonanza
By Saxo Bank - Sep 01, 2014

US markets are closed for Labor Day, but Europe is open for business with the final revisions to August´s manufacturing-related Purchase Manager´s Index data to appear today. This comes ...