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Forex Opinion & Analysis

Scott Barkley
AUD/JPY: Head And Shoulders?
By Scott Barkley - Jul 29, 2014

AUD/JPY: Currently we are at 95.82.We have a potential head and shoulders pattern in play indicating a top BUT a significant opportunity is to the day chart top at 96.79.  Caution! But either play is ...

Growth Aces
GBP/USD Hits 6-Week Low
By Growth Aces - Jul 29, 2014

CALENDAR GBP/USD The Bank of England said on Tuesday that mortgage approvals numbered 67,196 last month, up from 62,007 in May. The data were stronger than expected. The Governor of the Bank of ...

Euro Maintains Overall Negative Tone
By FinFX - Jul 29, 2014

EUR/USD The euro maintains overall negative tone, to post new low at 1.3420, Fibonacci 138.2% expansion of the third wave from 1.3699, 01 July. Near-term narrow range consolidative action is under way...

ZIFX com
USD/JPY At Three Week High, Touching 102
By ZIFX com - Jul 29, 2014

USD/JPY Open 101.86 High 102.01 Low 101.74 Close 101.84On Monday the USD/JPY traded within small 15 pip range. The currency couple appreciated from 101.74 to 101.91 yesterday, matching the positive ...

ZIFX com
Majors Daily Forecast: July 29, 2014
By ZIFX com - Jul 29, 2014

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3426 SL 1.3394 TP 1.3469USD/JPYRisk reward: 0.91Trend: NeutralSell at 102.01 SL 102.33 TP 101.74GBP/USDRisk reward: 2.09Trend: UpBuy at 1.6966 SL 1.6934 TP ...

Saxo Bank
USD/JPY At Key Resistance Ahead Of FOMC
By Saxo Bank - Jul 29, 2014

The geopolitical storm continues, though risky assets are surviving the headwinds with aplomb. Still, I have a hard time believing we can continue to sail on to new record highs as the conflicts over ...

Easy Forex
Dollar Strength Ahead Of FOMC Statement
By Easy Forex - Jul 29, 2014

Currencies The euro remains range bounded near its lowest point in the last 8-months against the dollar at 1.3437. The single currency remains under pressure despite the bad data from the monthly US ...

ZIFX com
Cable Descends Below 1.7
By ZIFX com - Jul 29, 2014

GBP/USD Open 1.6983 High 1.7001 Low 1.6966 Close 1.6980On Monday the GBP/USD increased insignificantly with 30 pips. The Cable appreciated from 1.6971 to 1.7001 yesterday, in converse with the ...

Daily Forex Update: USD/MXN
By AutoChartist - Jul 29, 2014

USD/MXN continues to rise after the recent breakout of the 4-hour Triangle chart pattern that was earlier identified by Autochartist – as you can see below. USD/MXN is expected to rise to the ...