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Forex Opinion & Analysis

Ipek Ozkardeskaya
No Surprises From FOMC, USD In Demand
By Ipek Ozkardeskaya - Jul 31, 2014

Market Brief The Fed kept its policy rates steady and reduced the pace of its monthly asset purchases by an additional (regular) 10 billion dollars. The accompanying statement remains highly ...

ICM Brokers
Dollar Strength Resonates On Positive US Data
By ICM Brokers - Jul 31, 2014

EUR/USDThe euro fell to fresh eight-month lows against the U.S. dollar on Wednesday, falling below the 1.34 level, after data showed that the U.S. economy rebounded strongly in the second quarter. The...

Daily Forex Update: GBP/JPY
By AutoChartist - Jul 31, 2014

GBP/JPY continues to rise after the recent breakout of the high-quality Falling Wedge chart pattern that was earlier identified by Autochartist – as you can see below. GBP/JPY is expected to ...

EUR/USD: Bearish Channel Toward 1.33
By PipHut  - Jul 31, 2014

EURUSD Daily Analysis: US GDP numbers came in much higher than expected, at 4.0% vs expectations of 3.0%, pushing the USD into a strong rally against most other pairs as the prospect of a ...

ZIFX com
Cable Breaks Below 1.69 On Upbeat US GDP
By ZIFX com - Jul 31, 2014

GBP/USD Open 1.69084 High 1.6956 Low 1.6888 Close 1.6910On Wednesday the GBP/USD continued decreasing with 65 pips. The Cable depreciated from 1.6956 to 1.6888 yesterday, in line with the negative ...

Ross Woodfield
EUR/GBP Set To Move
By Ross Woodfield - Jul 31, 2014

The Euro versus the pound is seeing somewhat of a price consolidation and should break out. With all of the news due out in the next 36 hours, we could see some large movements The EURGBP pair is ...

GBP/JPY Near-Term Resistance At 173.96
By Dailyfx  - Jul 31, 2014

Talking Points: GBP/JPY Technical Strategy: Flat Support: 173.44, 172.59, 171.75 Resistance: 173.96, 174.82, 175.35-50 The British pound launched a recovery against the Japanese yen having found ...