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Forex Opinion & Analysis

GCI Financial
Loonie Trading Above Its MA’s
By GCI Financial - Jul 24, 2014

For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0730.The Canadian Dollar gained ground after a report indicated that retail sales in Canada rose for a second ...

GCI Financial
IMF Trims Us 2014 Growth Forecast
By GCI Financial - Jul 24, 2014

For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3460, as investor appetite continued to be strained about the effects of possible fresh sanctions against ...

ZIFX com
Majors Daily Forecast: July 24, 2014
By ZIFX com - Jul 24, 2014

EUR/USDRisk reward: 1.53Trend: DownSell at 1.3461 SL 1.3493 TP 1.3412USD/JPYRisk reward: 0.91Trend: NeutralBuy at 101.42 SL 101.10 TP 101.71GBP/USDRisk reward: 1.69Trend: DownSell at 1.7036 SL 1.7068 ...

GBP/USD Tumbles As BBA Mortgages Miss Expectations
By FxNet - Jul 24, 2014

EUR/USD is down a point at 1.3464 after brokers stress over the financial soundness of the eurozone. The euro touched multi-month lows against the dollar today as speculators worry about the effect on...

Ian Copsey
EUR/JPY Should See A General Shift Higher
By Ian Copsey - Jul 24, 2014

BIAS: We should see a general drift higherResistance: 136.85-95 137.23-33 137.50 137.90-08Support: 136.40 135.87-19 135.60-70 135.37MAIN ANALYSIS: Price saw a low in the higher support target at ...

Ian Copsey
A Strangled Market, A Trend Developing?
By Ian Copsey - Jul 24, 2014

I’ll start with a subject that has nothing to do with where the market is going but more providing an insight to market behaviour this year – the average daily range. Here are the stats ...

Stuart McPhee
Australia 200: Moves To 6-Year High
By Stuart McPhee - Jul 24, 2014

Australia 200 for Thursday, July 24, 2014 The FTSE ASFA Australia 200 Index is easing back slightly from its six year high which has been achieved over the last 24 hours.  In recent weeks it has ...

Matt Simpson
AUD, NZD Continue To Diverge
By Matt Simpson - Jul 24, 2014

A snapshot view of yesterday’s New York - London session with technical notes. BoE Votes show no change in the stance for interest rate rises - all coma in unanimously to remain on hold. However in ...

Stuart McPhee
AUD/USD Surges To 2-Week High Above 0.9460
By Stuart McPhee - Jul 24, 2014

In the last 24 hours the AUD/USD has enjoyed a solid period which saw it surge higher through the resistance level at 0.9425 to a two week high, before easing back towards that level in recent ...