Forex Opinion & Analysis

Jason Sen
GBP/USD: Outlook More Positive
By Jason Sen - Aug 07, 2014

GBP/USD headed lower as expected to bottom just above 1.6810/00 lows. Today's outlook has changed and is more positive. If we can beat 1.6865/70 look for a move towards strong resistance at ...

Jason Sen
EUR/USD: Short Term Buying Opportunity
By Jason Sen - Aug 07, 2014

EURUSD hit our downside target of 1.3355/45 for a short term buying opportunity with stops below 1.3320. Exactly as predicted we saw a recovery to our first target of 1.3380/85 for a 30 pip profit ...
EUR/USD: Waiting For Confirmation Signals
By  - Aug 07, 2014

EUR/USD - European Session The pair failed to remain stable below 1.3375 accompanied by forming a positive candle yesterday that closed above Linear Regression Indicator 34 and above 50% correction ...

Dean Popplewell
Pressure Intensifies For ECB’s Draghi
By Dean Popplewell - Aug 07, 2014

Summer holidays; what summer holidays? It near impossible to take your eyes off the trading screens, in doing so, one may misinterpret the next event or geopolitical risk that has been thrown at ...

AUD Weak, BOE And ECB On Today’s Menu
By Avatrade - Aug 07, 2014

Market Brief The Aussie unwinds dominated the overnight trading session. The Australian economy erased 300 jobs in July (vs. +13.2K exp. & 14.9K a month ago according to revised data), the ...

Kenny Fisher
EUR/USD – Stable As ECB Statement Eyed
By Kenny Fisher - Aug 07, 2014

EUR/USD is steady on Thursday, as the pair continues to trade close to nine-month lows. In the European session, the pair is trading in the mid-1.33 range. Today's highlight is the ECB rate statement,...

EM Suffer Losses, BOE And ECB In Focus
By  - Aug 07, 2014

Forex News and Events: As the greenback remains broadly in demand, the carry unwind weighs heavy on EM assets and currencies. The lira recorded the largest drop versus USD since the week began; more ...

Forex Million
GBP/USD: Downtrend Expected To Continue
By Forex Million - Aug 07, 2014

Main scenario:The GBP/USD pair is trading along an sideways trend.The downtrend may be expected to continue in case the market drops below support level 1.6825, which will be followed by reaching ...

Forex Million
EUR/USD: Sideways Trend
By Forex Million - Aug 07, 2014

Main scenario:The EUR/USD pair is trading along an sideways trend.The downtrend may be expected to continue in case the market drops below support level 1.3345, which will be followed by reaching ...

ZIFX com
Majors Daily Forecast: August 7, 2014
By ZIFX com - Aug 07, 2014

EUR/USDRisk reward: 1.50Trend: DownSell at 1.3390 SL 1.3422 TP 1.3342USD/JPYRisk reward: 1.41Trend: UpBuy at 102.15 SL 101.83 TP 102.60GBP/USDRisk reward: 1.84Trend: DownSell at 1.6860 SL 1.6892 TP ...

US Dollar: Digesting Rally from July Low
By Dailyfx  - Aug 07, 2014

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 10513-27, 10481, 10456 Resistance:10560, 10606, 10663 The Dow Jones FXCM US Dollar Index is digesting ...

GPB/JPY And EUR/JPY Currency Outlook: August 7, 2014
By ActionForex - Aug 07, 2014

EUR/JPY Daily Pivots: (S1) 171.33; (P) 172.29; (R1) 173.03; The GBP/JPY drops sharply and the strong break of 172.36 support confirmed near term reversal. Also, it's taken as the first sign of medium ...

GBP/USD Stays Restricted To A Tight Range
By FinFX - Aug 07, 2014

EUR/USD The EUR/USD started the day in the losing side, down to a fresh year low of 1.3332, with the usual suspects behind it weak European data, US improved one with a shrinking deficit, and stocks ...