0
 

Forex Opinion & Analysis

Contribute
Cable Renews Uptrend, Lifting Over 1.68
By 
 - Apr 17, 2014

GBP/USD Open 1.6796 High 1.6838 Low 1.6718 Close 1.6793On Wednesday Pound/Dollar increased with 105 pips. The Cable appreciated from 1.6718 to 1.6823 yesterday, in line with the positive money flow ...

 
GBPUSD – At Multi-Year Resistance After Long Tailed Pin Bar
By 
 - Apr 17, 2014

GBPUSD – Looking MeanerAfter forming a long tailed pin bar signal off the daily 20 EMA, the pair has skyrocketed higher directly into the wolves den. Near term resistance is 1.6820, but the longer ...

 
GBP/JPY: Aligning Up For Run To 179
By 
 - Apr 17, 2014

I suspect we are nearing the end of the sideways correction on GBP/JPY which means the bullish run will resume. We can see the bullish channel continues to hold and have come to respecting the lower ...

 
Major Currency Pairs Analysis: Euro, Sterling, Yen, Loonie
By 
 - Apr 17, 2014

EUR/USDLess than two years after ECB President Mario Draghi deemed it necessary to pledge unlimited support for the euro-area’s most-indebted countries, investors that rejected those markets ...

 
Yen Stronger
By 
 - Apr 17, 2014

Yen stronger with remarks by the Bank of Japan governor repeated that aggressive easy policy launched last April will continue and will take Japan out of years of deflation. Dollar currently trading ...

 
Daily Forex Update: GBP/USD
By 
 - Apr 17, 2014

GBP/USD continues to rise after the recent breakout of the daily key resistance level 1.6680 that was previously identified by Autochartist – as you can see from the following trade opportunity ...

 
Looking To Buy Into AUD/USD Uptrend
By 
 - Apr 17, 2014

The AUD/USD is a market that I've been watching closely the last few months, because it is currently displaying beautiful, stable trending conditions. I am definitely only looking for buying ...

 
Aussie Extends Its Gains In The Asian Session
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, AUD strengthened 0.32% against the USD to close at 0.9373.LME Copper prices declined 0.5% or $30.0/MT to $6600.0/MT. Aluminium prices rose 0.9% or $16.5/MT to ...

 
BOC Kept Its Interest Rate Unchanged At 1.0%
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at ...

 
ZEW Economic Sentiment For Swiss Economy Unexpectedly Deteriorated
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8814. However, dovish comments from the Fed Chief, Janet Yellen, kept the greenback’s gains in ...

 
“BOJ Would Maintain Its QE Measure Until Necessary To Achieve 2% Price
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21.In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from ...

 
UK Unemployment Rate Fell To A Five-Year Low 6.9%
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6803, after data showed that Britain’s unemployment rate unexpectedly dropped to a five-year low level of 6.9% in ...

 
Euro-Zone’s Annual Consumer Inflation Rate Confirmed At A Four-Year Low
By 
 - Apr 17, 2014

For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3825, shrugging off its former losses, triggered by the latest batch of soft economic releases from the Euro-zone ...

 
Daily Forex Signals, April 16, 2014  
By 
 - Apr 17, 2014

In today's video, featuring yesterday's activity, I put one order on CAD/CHF, which you can find in the video below. Overall it was a good night for me, as my yen and pound positions moved in my ...

 
Dollar Rate Reducing Against Pound For A Week
By 
 - Apr 17, 2014

The dollar fell for a week by 0.97 % against the pound, ending the trading session on Friday near 1.6729. The dollar significantly weakened against most currencies on Forex on the base of the negative...

 
Euro Climbs On Global Stocks Relief
By 
 - Apr 17, 2014

EUR/USD Open 1.3816 High 1.3852 Low 1.3803 Close 1.3814On Wednesday EUR/USD continued trading within 50 pip range. The European currency depreciated from 1.3852 to 1.3803 yesterday, not matching the ...

 
EUR/USD Rebounds To Target New Highs
By 
 - Apr 17, 2014

EUR/USD (daily chart shown below) has just rebounded off its 50-day moving average as it seeks potentially higher highs within a continuing bullish trend. This uptrend extends back more than nine ...