Forex Opinion & Analysis

EUR/USDWe are currently sitting at 1.3632 after a violent correction from the rising wedge which we alerted to. The correction is on the 0.786 Fibo which is a definite bounce point so watch for a move...

EUR/USDThe pair saw a relatively subdued start to the week with Europe away from market, although did see a break back above the 200DMA amid early USD weakness and EUR support stemming from month-end...

Today we expect the GDP MoM, to be published at 14:00 (CET, server time). This is a key indicator of economic activity, which is calculated after adjustment for inflation. For today, according to...

AUD/JPY: Currently we are at 94.52. We are looking for a move through the bear flag and then a continuation to the S4 area at 93.82. Overall target next week is 92.95. The average daily true range...

Euro continues falling down. We think, today price may reach the level of 1.358 grow up towards level of 1.3650 to test it from below, and then move downwards again to reach level of 1.3575. Later, in...

The Japanese yen continues to show little movement on Friday, as USD/JPY trades in the mid-101 range early in the European session. On the release front, Japanese inflation...

AUD/USD finds itself trading at two-week highs following strong gains on Thursday. The pair is trading just above the 0.93 line in Friday’s European session. On Thursday, the Aussie...

Market BriefFX markets remain in a tight range as activity from drivers were limited. Asian regional equity indices are slightly weaker as the Nikkei fell -0.35% and Shanghai composite was flat yet...

EUR/USD has edged upwards on Friday, as the pair continues to trade slightly above the 1.36 line in the European session. In economic news, German Retail Sales was a...

EUR/USDCurrent level - 1.3600 Still in the consolidation pattern above 1.3585 low and my outlook here remains bearish below 1.3638 minor resistance, for a renewal of the slide towards 1.3475. Crucial...

Market Drivers For May 30, 2014 Month end flows continue to cap lackluster trade Japanese data deluge sends mixed readings, consensus view that BOJ will not ease further Nikkei -.34% Europe...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.53; (P) 170.51; (R1) 171.14; The breach of 169.80 suggests that fall from 173.46 has resumed and intraday bias is back on the downside. Current development...

Talking Points:US Dollar Index Pulls Back but the Uptrend Looks to be Intact S&P 500 Sets Yet Another Record High as Rally Resumes Gold Stalling After Breakdown, Crude Oil...