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Forex Opinion & Analysis

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FinFX
EUR/JPY Outlook: Downside Vulnerable?
By FinFX - Aug 16, 2013

The pair’s near 0-term price action showed no significant changes, compared to the previous session, as the price is entrenched within 129.41/130.71 consolidative range. Hourly studies are in ...

FinFX
EUR/USD Outlook: Euro Regaining Strength
By FinFX - Aug 16, 2013

The Euro regained strength and rallied strongly from 1.3205, a daily low, where the fall from 1.3300 zone found support. Retracement of over 61.8% of 1.3399/1.3205 corrective pullback, signals an end ...

GCI Financial
Aussie Trading Higher In The Asian Session
By GCI Financial - Aug 16, 2013

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 0.9133.LME Copper prices declined 0.6% or $44.5/MT to $7228.0/MT. Aluminium prices rose 0.4% or $7.5/MT to $1842.5/MT.In ...

GCI Financial
Pair Trading Below Its MA’s
By GCI Financial - Aug 16, 2013

For the 24 hours to 23:00 GMT, the USD declined 0.94% against the CHF and closed at 0.9254, as uncertainty over Federal Reserve’s future plan of action regarding its stimulus program continued ...

GCI Financial
Yen Trading Lower This Morning
By GCI Financial - Aug 16, 2013

For the 24 hours to 23:00 GMT, the USD weakened 0.72% against the JPY and closed at 97.08.Yesterday, the Japanese Finance Minister, Taro Aso, indicated that reducing Japan’s corporate tax rate ...

ZIFX com
GBP/USD At Two Month High On Positive UK Data
By ZIFX com - Aug 16, 2013

GBP/USD Open 1.5637 High 1.5653 Low 1.5503 Close 1.5634On Thursday Pound/Dollar continued increasing with 150 pips. The Cable appreciated from 1.5503 to 1.5653 yesterday, in line with the positive ...

Forex Watchers
EUR/USD: Expect Stronger Dollar
By Forex Watchers - Aug 16, 2013

Thursday’s forecast headed in our direction for the most part, in fact all the pairs behaved very very close to what was thought possible. US Dollar has been weak for sometime but has been ...

ZIFX com
EUR/USD Swings As Data Gives Mixed Signals
By ZIFX com - Aug 16, 2013

EUR/USD Open 1.3346 High 1.3364 Low 1.3204 Close 1.3344On Thursday Euro/Dollar traded within wider 160 pip range. The European currency appreciated from 1.3204 to 1.3364 yesterday, matching the ...