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Forex Opinion & Analysis

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Olimpiu Tuns
EUR/USD: Trying To Close The Gap
By Olimpiu Tuns - Aug 28, 2014

Gold: tested the supportWe have a triangle on Daily chart, this week the price has tested the ascending trendline (triagle support) and now stands above the 38,2% retracement level. Everyone is ...

ZIFX com
USD/JPY Quotes Indicate Bearish Pressure
By ZIFX com - Aug 28, 2014

USD/JPY Open 103.88 High 104.16 Low 103.67 Close 103.86On Wednesday the USD/JPY traded within 40 pip range. The currency couple appreciated from 104.16 to 103.77 yesterday, matching the positive ...

ZIFX com
GBP/USD Shows Strong Uptrend
By ZIFX com - Aug 28, 2014

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3197 SL 1.3165 TP 1.3256USD/JPYRisk reward: 0.91Trend: DownSell at 103.83 SL 104.15 TP 103.42GBP/USDRisk reward: 2.09Trend: Strong UpBuy at 1.6581 SL 1.6549 ...

Matt Simpson
Aussie Hangs Near 3-Week Highs
By Matt Simpson - Aug 28, 2014

UP NEXT: EUR: With ECB now not expected to act next week with extra stimulus, EURUSD may continue to rebound from the lows. Considering this we could assume that even mediocre news from Europe ...

Ipek Ozkardeskaya
USD Weaker On Lower Yields
By Ipek Ozkardeskaya - Aug 28, 2014

Market BriefFX markets were subdued in the Asian session as USD lost some ground on further profit taking. Regional equity indices were in the red as the Nikkei fell -0.48%, the Hang Seng dropped ...

eFX News
Loonie's Move Lower May Have Serious Impact
By eFX News  - Aug 28, 2014

US Dollar Index: Starting to correct the stretch. The greenback has during the past week been “stretched” (outside both the 233d as well as the 55d Bollinger bands) to an extent that we haven’t seen ...

Steve Miley
USD/CAD: A Bear Bias
By Steve Miley - Aug 28, 2014

USDCAD bear biasA deeper correction than expected through support at 1.0872 and 1.0857 for a notable top and more bearish shift.This leaves downside pressures now into month-end and threat for a move ...

Ross Woodfield
Triple Top Could Dash The Euro’s Hopes
By Ross Woodfield - Aug 28, 2014

The Euro has recovered quite a bit of ground against the GBP over the course of August but the formation of a triple top could signal a reversal of the Euro’s fortunes. It is no secret that the...

Ross Woodfield
Loonie Breaks Out
By Ross Woodfield - Aug 28, 2014

Fear not, there is not a lunatic on the loose. A couple of things happened in Canada yesterday that saw a solid breakout for the Loonie (the nickname for the Canadian dollar) against the USD. These ...