Forex Opinion & Analysis

EUR/USD has posted modest gains on Tuesday, as the pair trades just shy of the 1.38 line in the European session. In economic news, Federal Reserve chair Janet...

The AUD/USD hit good support at 9210/00 for a buying opportunity and bottomed almost exactly here at 9214. A low for the day was predicted and if any longs were purchased they were rewarded with a...

The GBP/USD did turn lower from here to 1.6620/10 as expected and bottomed exactly here. We saw an unexpected break above 1.6665 but only reached 1.6685. We are very overbought short term and below...

The EUR/USD hit trend line and Fibonacci support at 1.3720/10 with a low for the day as predicted. We then reached resistance at 1.3810/20 with a high for the day expected for a selling opportunity...

Market Drivers for March 31, 2014 RBA stays on hold sees likely period of interest rate stability UK PMI Manufacturing Nikkei -.24% Europe .57% Oil $101/bbl Gold $1287/oz. Europe and AsiaAUD: AIG...

The AUD/USD pair is trading in a strong uptrend on a daily time frame. The pair has recently broken its bullish pattern- A reverse Head & Shoulder pattern. The head and shoulder patterns are the...

European SessionEUR/USD The pair managed to move to the uspide yesterday but is still limited below Linear Regression Indicators and below resistance level 1.3850. The daily closing was achieved below...

The Indian rupee stayed stable today, with muted reaction following the latest Reserve Bank of India policy announcement. To be fair, the central bank did not surprise the market, opting to hold...

Asian data has started April off in mixed fashion as we lead off the real data barrage that this week has to offer. Two separate measures of Chinese manufacturing have shown differing courses for the...

EUR/USDEuro-area inflation slowed in March by more than economists forecast to the lowest level in over four years, keeping pressure on the European Central Bank to take action to foster the currency...

GBP/JPY continues to rise inside the daily Triangle chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair....

USD/JPY Open 103.22 High 103.44 Low 102.79 Close 103.21On Monday the USD/JPY increased with 65 pips. The currency couple appreciated from 102.79 to 103.44 yesterday, matching the positive money flow...

EUR/USD Daily Analysis: EUR/USD has been in a series of lower lows and lower highs since is 1.3966 peak on March 13th. A bullish strength divergence has created an updraft above 3700 support, but...