Forex Opinion & Analysis

EUR/USD’s recovery appears to be gaining traction as the market appears not quite ready to test the much more important 1.3503 recent low and the 1.3496 2012 -2014 uptrend, notes...

All that the forex Investor requires is some consistent intraday volatility - it provides opportunity. Overnight, Aussie trading is a prime example and certainly beats the 12-18 point EUR...

Talking Point:UK Total Trade Balance (GBP/Mn): -£2418 Actual Vs -£1600 Estimated; -£2052 Prior. UK Visible Trade Balance (GBP/Mn): -£9204 Actual Vs -£8750 Estimated;...

FOMC MinutesThe market was only looking for hawkish surprises as it is virtually impossible to surprise on the dovish side of things in FOMC-land. There was mention in the minutes of finishing the...

The EUR/USD has edged lower on Thursday, as the pair trades in the mid-1.36 range in the European session. On the release front, French and Italian Industrial Production both posted...

EUR/USDCurrent level - 1.3634 Although the intraday bias is still positive, my outlook here is counter-trend, for a break through the crucial 1.3601, en route to 1.3502. USD/JPYCurrent level -...

Market Drivers for July 10, 2014 AU unemployment jumps to 6.0% from 5.9% eyed Chinese Trade softer at 31B vs, 35B eyed. Nikkei -0.55% Europe -0.31% Oil $101/bbl Gold $1330/oz. Europe and AsiaAUD:...

A refreshingly simple price-action setup may be establishing on the GBP/AUD, which if successful, should see it break to 3-month highs.SUMMARY:- Bullish channel and respect of 1.816 favours gains...

With the FOMC meeting now consigned to history, and the currency markets now returning to ‘business as usual’ here is a round up for the Aussie, the British pound, the Canadian dollar and...

AUD/NZD The Australian dollar continues to struggle on the charts and against the NZD. After today’s weak unemployment data it has fallen so far as to almost touch the current bullish trend line...

The EUR/USD pair is following a bearish channel that should provide traders with the set up they need to go short. The lack of news this week will ensure the pair trades off technicals and a bounce...

Asian markets are trading on a mixed note today as Chinese exports missed the estimates which exerted downside pressure on the markets. While on the other hand, fall in oil prices due to rising...

USD/JPYOpen 101.59 High 101.87 Low 101.36 Close 101.61On Wednesday the USD/JPY increased with almost 45 pips. The currency couple appreciated from 101.43 to 101.87 yesterday, not matching the negative...