Forex Opinion & Analysis

Olimpiu Tuns
AUD/USD: Will Return To Range?
By Olimpiu Tuns - Aug 06, 2014

AUD/USDThe price broke the descend­ing trend­line, yes­ter­day has come to test the bro­ken level and now is try­ing to reach again the resis­tance zone. If the price will ...

EUR/USD: down-trend extending; pull-back possible
By Forex4you - Aug 06, 2014

The EUR/USD has fallen to new lows as the short-term trend extends. Although it is expected to continue falling a hammer candlestick with a long-wick is currently in the process of forming on the ...

Easy Forex
Euro Drops Ahead Of The ECB Press Conference
By Easy Forex - Aug 06, 2014

Currencies The euro crashed yesterday and reached its 10 month low at to 1.3357 against the US dollar, on speculations that the president of the European Central Bank (ECB), Mario Draghi, might be ...

ZIFX com
Majors Daily Forecast: August 6, 2014
By ZIFX com - Aug 06, 2014

EUR/USDRisk reward: 1.69Trend: DownSell at 1.3371 SL 1.3403 TP 1.3317USD/JPYRisk reward: 1.34Trend: DownSell at 102.61 SL 102.93 TP 102.18GBP/USDRisk reward: 1.78Trend: DownSell at 1.6879 SL 1.6911 TP...

GPB/JPY And EUR/JPY Currency Outlook: August 6, 2014
By ActionForex - Aug 06, 2014

GBP/JPY Daily Pivots: (S1) 172.82; (P) 173.15; (R1) 173.55; Intraday bias in the GBP/JPY stays neutral with focus on 172.36 support. Decisive break there will confirm near term reversal and will ...

Euro Back On iIts Losing Streak
By eFXnews  - Aug 06, 2014

EUR/USD: Now targeting 1.3324/295 The euro is back on its losing streak as the chance of correction disappeared on the break below 1.3378. A 261.8% Fibo projection ref at 1.3378 and a Q4'13 low of ...

Jason Sen
EUR/USD Hit Selling Opportunity
By Jason Sen - Aug 06, 2014

The EUR/USD hit our selling opportunity at 1.3435/40 and topped exactly here this week. The pair broke strong support at 1.3375/70 to hit our next downside target of 100 week moving average support ...

Jason Sen
AUD/USD Hit 9335/40 Resistance
By Jason Sen - Aug 06, 2014

The AUD/USD hit resistance at 9335/40 and topped almost exactly here at 9343. Immediate support at 9300/9295 did also hold the downside yesterday, but outlook is more negative and below here a retest...

Jason Sen
USD/JPY: Outlook Remains Positive
By Jason Sen - Aug 06, 2014

The USD/JPY has started a new bull trend after breaking a 7 month continuation pattern. Outlook remains positive despite overbought conditions. Immediate resistance at 102.60 then June highs at ...

Dollar Rallies On Strong Data And Geopolitics
By XM - Aug 06, 2014

The dollar extended its gains following encouraging economic statistics and negative geopolitical developments. The ISM non-manufacturing index came in at a near 9-year high, with all of the ...

Steve Miley
EUR/USD: Bear Risk To The 1.3295 Low
By Steve Miley - Aug 06, 2014

EURUSD bearish trend extension biasWe had expected a defensive digestion tone on Tuesday, but a more bearish tone resumed quicker than anticipated.We did state in our last client report that “the ...