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Forex Opinion & Analysis

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eFX News
USD Limited Downside: Buy Dips
By eFX News  - Apr 30, 2015

The USD has been more supported in reaction to yesterday’s FOMC announcement. Although the central bank acknowledged for somewhat more muted growth momentum it was indicated too that such ...

Dailyfx
NZD: Close To Key Resistance
By Dailyfx  - Apr 30, 2015

NZD/USD: The ratio of long to short positions in the NZD/USD stands at -1.19 as 46% of traders are long. Yesterday the ratio was -1.39; 42% of open positions were long. Long positions are 4.5% lower ...

Dailyfx
British Pound Forecast: Mixed Vs. Yen
By Dailyfx  - Apr 30, 2015

GBP/JPY: The ratio of long to short positions in the GBP/JPY stands at -1.07 as 48% of traders are long. Yesterday the ratio was -1.30; 43% of open positions were long. Long positions are 22.4% ...

Dailyfx
USD Still A Sell Vs. Euro
By Dailyfx  - Apr 30, 2015

Aggressively one-sided retail forex sentiment points to US Dollar weakness Until we see an important shift, we will remain in favor of buying EUR versus USD Retail forex traders remain heavily ...

Saxo Bank
Next Week's FX: Numbers Don't Lie
By Saxo Bank  - Apr 30, 2015

Friday's US jobs report could cap euro squeeze Dovish RBNZ clips the kiwi's wings Australian central bank expected to cut rates GBP/USD rally extending beyond fundamental support * FX 4 Next Week is ...

Neal Gilbert
USD/CAD: Canadian Animal Spirits
By Neal Gilbert - Apr 30, 2015

The last 24 hours have been a pretty volatile mix in world markets as GDP releases and central bank meetings have helped frame the agenda of currency values. US GDP was disappointing, the Federal ...

Scott Barkley
GBP/JPY: More Left?
By Scott Barkley - Apr 30, 2015

GBP/JPYCurrently we are at 183.39 in a correction. We are looking for a continuation to the Resistance area @ 184.76-185.12 with an overall target @ 187.70. The average daily true range (ATR) for the ...

The National Bank of Canada
FX Daily Update
By The National Bank of Canada - Apr 30, 2015

The Fed Will Wait and SeeYesterday a flurry of U.S. economic indicators was released. First, the 1st reading of U.S. GDP data revealed that in Q1, the economy only grew at a rate of 0.2% (YoY). Given ...

Jason Sen
EUR/USD Continues Higher To 1.1187
By Jason Sen - Apr 30, 2015

EUR/USD has trend line resistance at 1.1175 but be ready to go with a break above 1.1187, despite overbought conditions, to target 1.1220 and 1.1240/45. Any further gains run in to strong longer term...

Jason Sen
AUD/USD Outlook More Negative
By Jason Sen - Apr 30, 2015

AUDUSD outlook is more negative after yesterday's negative signal with first support at 7960/55. A good profit on our shorts and a bounce from here possible on the first test at least, but a break ...