Forex Opinion & Analysis

Market Drivers for May 13, 2014 Chinese data misses EUR ZEW deteriorates sharply Nikkei 1.95% Europe .11% Oil $100/bbl Gold $1292/oz. Europe and AsiaAUD: HPI 1.7% vs. 3.0%AUD: New Home Loans -0.9% vs....

Forex News and Events: The FX markets remain ranged, the risk sentiment is positive yet contained due to soft Chinese data released overnight. The fading geopolitical fears (at least on the financial...

What's with intraday forex volatility? Last week the market was teased and given a taste of times past after President of the European Central Bank, Mario Draghi and company insinuated that Euro...

EUR/USD has softened on Tuesday, as the pair has finally broken out from its rangebound trading. In the European session, the pair dipped close to the 1.37 line. The euro has reacted negatively to a...

USD/JPY Technical Strategy: Longs Preferred Push back above 120.00 opens 102.70 Harami pattern supports further gains The USD/JPY’s push past 102.00 following the Harami formation on the...

USD/CAD Technical Strategy: Sidelines Preferred Bullish Engulfing awaits confirmation Four hour chart suggests the potential for an intraday bounce The USD/CAD has reversed course following a...

NZD/USD Technical Strategy: Shorts Preferred Bearish Engulfing pattern opens drop to 0.8600 4 hour chart shows few signs of a potential bounce The kiwi bears have taken a breather near the...

The GBP/USD has broken its symmetrical triangle pattern on a 60 minute time frame. The pattern usually breaks in the direction of the previous trend and in this case it was to the downside. The price...

EUR/USDCurrent level - 1.3757 Nothing interesting here during the previous trading sessions and the outlook here remains bearish below 1.3794, for a slide towards 1.3762. USD/JPYCurrent level -...

Market CommentaryThe Dollar Index (DX) is still trading sideways between 81.40 and 79.20 in the medium term with intermediate resistance observed at 80.30; Dollar weakness may extend only on weekly...

USD/JPYOpen 102.18 High 102.37 Low 101.42 Close 102.10On Monday the USD/JPY increased with 45 pips. The currency couple appreciated from 101.78 to 102.23 yesterday, not matching the negative money...

The dollar has remained strong overnight following a strong couple of days in light of developments in Europe. EUR/USD has found a base around the 1.3750 level but will look to push lower as the week...

EUR/USD After last week's bearishness, the pair traded yesterday and today within a very tight range that remained limited below the key support level of the upside move as showing on graph. Linear...