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Forex Opinion & Analysis

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GCI Financial
Aussie Reverses Its Gains This Morning
By GCI Financial - Sep 17, 2014

For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.9080, following the People’s Bank of China’s decision to introduce quantitative easing measures in...

GCI Financial
Loonie Trading Stronger This Morning
By GCI Financial - Sep 17, 2014

For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD to close at 1.0980. The CAD gained ground, after the Canadian manufacturing shipments rose 2.5%, a record-high on a monthly ...

Steve Miley
AUD/USD Bias For Roll Back to .9010/05
By Steve Miley - Sep 17, 2014

AUDUSD bearish extension threatAn unexpected and far better recovery effort Tuesday, to probe above our .9110 level, but whilst below .9143/45 and better resistance at .9218/19, we see bias for a roll...

Justin Smyth
U.S. Dollar Due For A Rest
By Justin Smyth - Sep 17, 2014

The strong rally in the US dollar has pushed most major foreign currencies back into a Stage 4 decline, as well as most commodities and gold and silver. Gold mining stocks have also been hurt with GDX...

Carol Harmer
GBP/USD: Bearish Horizon
By Carol Harmer - Sep 17, 2014

Yesterday, cable managed to fill the gap left evident to 1.6317 although we only reached 1.6311. I think that is enough to fill the gap and now to come lower. The opening gap was the only blot on the ...

Chris  Capre
AUDUSD – Double Bottom Price Action
By Chris Capre - Sep 17, 2014

AUDUSD – Double Bottom Price Action Creates Two-Way Market After a small bounce in yesterday’s Asian session forming a double top intra-day. In the same token, it sold off to the prior swing bottom ...

ZIFX com
EUR Steadies As Investors Await Fed Report
By ZIFX com - Sep 17, 2014

EUR/USD Open 1.2949 High 1.2996 Low 1.2921 Close 1.2958On Tuesday EUR/USD increased with 75 pips. The European currency appreciated from 1.2921 to 1.2996 yesterday, not matching the negative money ...