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Forex Opinion & Analysis

Market Outlook: Euro Maintains Positive Tone
By FinFX - Jan 27, 2014

EUR/USD The euro maintains positive tone and consolidates under 1.37 barrier, previous peak and daily Kijun-sen which was dented on Friday’s spike to 1.3738, level last time traded on 02 Jan. ...

ZIFX com
Majors Daily Forecast: January 27, 2013
By ZIFX com - Jan 27, 2014

EUR/USDTrading range: 1.3660 - 1.3740Trend: UpBuy at 1.3674 SL 1.3642 TP 1.3727 USD/JPYTrading range: 102.90 - 102.10Trend: DownSell at 102.77 SL 103.09 TP 102.2 GBP/USDTrading range: 1.6475 - ...

Carol Harmer
GBP/USD: Needs A Break Above 1.6535
By Carol Harmer - Jan 27, 2014

It was a case of buy the rumour sell the fact last week, and up we went on Wednesday and Thursday finally getting the market back to where it should have been Friday. As we said, support was lower at ...

Trend Recognition
GBP/USD: Weak Uptrend
By Trend Recognition - Jan 27, 2014

Short-Term Trend: weak uptrend Outlook: GBP rallied to 1.6667 (just abv the 1.6648 Fibonacci level) and pulled back sharply. So, we now have a key reversal day from last Friday. And that means that...

Franco Shao
GBP/USD Pulled Back To 1.6474
By Franco Shao - Jan 27, 2014

Being contained by the upper line of the price channel on 4-hour chart, the GBP/USD pulled back to 1.6474, suggesting that the upward movement from 1.6309 had completed at 1.6668 already, and ...

Steve Miley
AUD/USD Aims For Long Term Target At .8545
By Steve Miley - Jan 26, 2014

The significant erosion Thursday/Friday through the .8755 cycle low has reinforced the failed recovery effort after a prod above initial resistance at .8865, faltering way ahead of a better .8950 ...

Alex Gurr
Why I Am Watching The USDX
By Alex Gurr - Jan 26, 2014

The US dollar is the cornerstone currency on this planet and as such, 80% of global trading activity done in the currency market involves the USD. One of the most interesting and most commonly traded ...

Jameel Ahmad
Will GBP/JPY Retrace?
By Jameel Ahmad - Jan 26, 2014

I have been a big fan of trading against the JPY since the autumn period. There are signs ahead for future JPY weakness, such as the inevitability for future QE, a deflation problem alongside a wider...