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Forex Opinion & Analysis

GBP/USD: 50-day MA providing support
By Forex4you - May 15, 2014

Cable has continued selling off, forming two lower lows and two lower highs on the 4-hour chart. It has broken down below several important support and trend-lines and is now probably in a very ...

Dean Popplewell
A 2-Speed Europe Puts The EUR...Where?
By Dean Popplewell - May 15, 2014

Presently, all news and data is going against the EUR. European growth remains very mixed with the word "contraction" being uttered more often than policy makers would like. Data released this morning...

EUR/USD Under Major Pressure
By Avatrade - May 15, 2014

The EUR/USD is under tremendous selling pressure this morning. The pair is still trading within the downward channel on a 60 minute time frame. The price has broken its minor support zone, but there ...

Kenny Fisher
EUR/USD – Weak GDP Numbers Push Euro Lower
By Kenny Fisher - May 15, 2014

The euro has resumed its downward trend on Thursday. In the European session, the pair is trading in the mid-1.36 range, its lowest level since late February. The slumping euro has surrendered over ...

GBP/USD Gains Support
By Masterforex-V  - May 15, 2014

The currency pair GBP/USD has broken through 1.6820 and has 1.6841 before the report on GDP was released. The pair is currently trading near the mark of 1.6791. After the GDP release, the pair got ...

ZIFX com
USD/JPY Bounces Up On Kudora's Comments
By ZIFX com - May 15, 2014

USD/JPY Open 101.82 High 102.12 Low 101.65 Close 101.87On Wednesday the USD/JPY decreased with 55 pips. The currency couple depreciated from 102.27 to 101.71 yesterday, matching the negative money ...

USD/JPY: Japan GDP Trumps Estimates
By Dailyfx  - May 15, 2014

Talking Points: Japan GDP 1Q P Surpasses Expectations at 1.5% vs 1.0% Expected Yen Rises Versus US Dollar Following Data Release Japanese Yen Remains a Sell Until this Changes Japan’s economy reported...

Technical Currency Report - Majors
By ICN.com  - May 15, 2014

EUR/USD - European Session The attempts to break 1.3700 continued yesterday but the pair failed to stabilize below it which led to halting the downside move. When examening the technical indicators, ...

EUR/USD: bearish continuation
By Forex4you - May 15, 2014

The EUR/USD pair is in a very short-term down-trend and is expected to continue moving lower. It has now broken down below a significant trend-line drawn from the 2012 lows and this morning it ...