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Forex Opinion & Analysis

IFC Markets
USD/CAD: Bearish Sentiment Strengthening
By IFC Markets - Jun 23, 2014

USD/CAD The price moved within the daily and weekly downtrend channel: scales consistency has been observed. However, within 24 hours of the market functioning, there was the acceleration of the ...

Scott Barkley
GBP/AUD In A Wedge
By Scott Barkley - Jun 23, 2014

EUR/AUD Currently we are at 0.8028 in a wedge. We are looking for a continuation to the Day chart trend area at 1.7990 with a possible break of the wedge down to 1.7933. The average daily true range ...

Kenny Fisher
Yen Slightly Higher On BOJ Comments
By Kenny Fisher - Jun 23, 2014

USD/JPY The Japanese yen is firm on Monday, as the pair trades in the low-101 range. On the weekend, BOJ Governor Haruhiko Kuroda said that that the central bank's monetary stance had led to economic ...

Loonie Extends Gains, Yen And Euro Seek Direction
By  - Jun 23, 2014

Forex News and Events: The week starts with limited risk appetite due to Iraqi situation. The low volatilities and higher energy prices sustain the bearish breakout in the USD/CAD this Monday. The ...

USD/JPY: down-trend continuing
By Forex4you - Jun 23, 2014

The pair has confirmed expectations of more down-side, which were triggered by the break below the lower border of the major consolidation which began in late January and completed in May. It keeps ...

USD/JPY See-Saw Around 102 Continues
By Dailyfx  - Jun 23, 2014

Talking Points USD/JPY Technical Strategy: Sidelines Preferred Doji highlights indecision near 102.00 handle Range between 101.20 and 102.77 remains in play The USD/JPY continues to search for ...

NZD/USD At A Crossroad Near 2014 High
By Dailyfx  - Jun 23, 2014

Talking Points NZD/USD Technical Strategy: Sidelines Preferred Harami pattern finds little follow-through Intraday dip may be limited by nearby support The Kiwi is once again teasing at a break of its...

EUR/USD Shooting Star Opens Further Declines
By Dailyfx  - Jun 23, 2014

Talking Points EUR/USDTechnical Strategy: Sidelines Preferred Shooting Star suggests potential for a pullback Daily close below 1.3600 to open 1.3500 handle The EUR/USD has been quick to give back its...

Dean Popplewell
Polar Flashes Dents EUR’s Chances
By Dean Popplewell - Jun 23, 2014

It should be no surprise that it's a rather anticlimactic start to a new forex week. It was always going to be hard to follow last week, where the Fed's surprisingly dovish stance had the dollar under...

Kenny Fisher
EUR/USD: Euro Steady As PMIs Disappoint
By Kenny Fisher - Jun 23, 2014

The EUR/USD is stable on Monday, as the pair trades slightly below the 1.36 line in the European session. On the release front, the week started off on a sour note as Eurozone, German and French PMIs ...

AUD/USD: Hesitation Near 2014 Highs
By Dailyfx  - Jun 23, 2014

{{5|AUD/USD}} Technical Strategy: Sidelines Preferred Hesitation is evident at 0.9440, near 2014 high, and a range between 0.9210 and 0.9440 remains in force. The AUD/USD traders remain hesitant to ...

Boris Schlossberg
U.S. Data Could Drive The Euro Lower
By Boris Schlossberg - Jun 23, 2014

Market Drivers June 23, 2014 CNY PMI - expands for first time in 6 months AUD lifted to near 9450 EZ Flash PMI miss with France weakest sending EUR below 3600 Nikkei .13%, Europe -.56% Oil ...

EUR/USD: short-term down-trend extending
By Forex4you - Jun 23, 2014

The very short-term trend remains up. The pair has just completed an a-b-c correction on the 4-hour chart and has started to rise again. It has already broken out above the trend-line drawn down from ...

Banc De Binary
Markets Eye US Homes Sales Figures  
By Banc De Binary - Jun 23, 2014

Starting with Monday the 23rd June. We start the trading week in the U.S. with the release of May’s Existing Home Sales figures. Sales of previously owned U.S. homes rose in April for the first ...