Forex Opinion & Analysis

EUR/USD: Not What Draghi Was Hoping For
By ForexTime - Oct 20, 2014

For months, the European Central Bank (ECB) and its President Mario Draghi have been calling for a weaker Euro exchange rate. A combination of the ECB adding more stimulus to reinvigorate the EU ...

USD Recovers Further As Risk Appetite Also Bounces Back
By XM - Oct 20, 2014

The US Dollar as well as high-yielding currencies such as the Australian dollar and the New Zealand dollar did well at the start of the week, helped by positive risk sentiment. Following strong ...

USD/JPY: v.short-term trend at pivotal crossroads
By Forex4you - Oct 20, 2014

The trend on all time-frames remains down despite the gap up this morning. There is still a strong possibility that the pair is forming an a-b-c correction (visible on the 4-hour chart), although a ...

Cable Consolidates After Hitting Pivotal 1.6125 Barrier
By FinFX - Oct 20, 2014

EUR/USD The euro remains in near-term sideways mode, trading within 1.2700/1.2840 consolidative range, after last week’s strong acceleration higher spiked at 1.2884. Friday’s attempts at...

Saxo Bank
Time For The Dollar To Make Up Its Mind
By Saxo Bank - Oct 20, 2014

Late yesterday, it emerged via a story from the Nikkei that Japan’s huge Government Pension Investment Fund is drawing up plans to raise its domestic stocks allocation to 25% versus previous ...

USD: Stalling at Channel Support
By Dailyfx - Oct 20, 2014

Talking Points: US Dollar Technical Strategy: Holding Long Support: 10898, 10845, 10753 Resistance:11052, 11143, 11216 The Dow Jones FXCM US Dollar Index declined as expected after putting in a ...

EUR/USD: correction continuing to unfold
By Forex4you - Oct 20, 2014

No real change here: the EUR/USD continues correcting higher in a channel after planting major lows at 1.2499 on October 3. The very short-term trend is bullish and likely to extend. I would want to ...

USD/JPY: Offers Ahead Of The Wedge Line?
By eFXnews - Oct 20, 2014

US Dollar Index: An incomplete correction. We are now into the third day of congestion after the latest falling benchmark candle and if following the textbook the market should today or latest by ...

GPB/JPY And EUR/JPY Both Remain Neutral For The Moment
By ActionForex - Oct 20, 2014

GBP/JPY Daily Outlook Daily Pivots: (S1) 170.73; (P) 171.38; (R1) 172.59; Intraday bias in GBP/JPY remains neutral for the moment. Prior break of 169.34 was taken as an indication of medium term ...

JPY Lower As Nikkei Boosted By GPIF News
By ActionForex - Oct 20, 2014

Yen opens the week generally lower following rebound in Asian equities. In particular, Japanese Nikkei is up over 3% and reclaimed 15000 handle as additional boosted by news regarding the Government ...

ICM Brokers
GBP Little Changed Against USD Friday
By ICM Brokers - Oct 20, 2014

EUR/USD The euro fell against the dollar on Friday as the greenback was boosted by data showing that U.S. consumer sentiment unexpectedly improved this month. The greenback was boosted after a report ...