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Forex Opinion & Analysis

Admiral Markets
EUR/USD: Waiting For FOMC
By Admiral Markets - Sep 16, 2013

Two weeks ago, the price drew a hammer candle on a weekly chart. This forced traders to buy, which helped the price to create a long bullish candle last week. For all five trading days, EUR/USD ...

Admiral Markets
AUD/USD Bounced From Crucial Resistance
By Admiral Markets - Sep 16, 2013

The second part of the previous week was crucial for the situation on the AUD/USD. The price got to the important mid-term resistance, just above 0.9330, which was holding the bulls since the end of ...

James Chen
Summers Withdraws, Dollar Falls
By James Chen - Sep 16, 2013

Summers withdraws from the consideration for the FED chairmanship, having seemed like he was the favourite to replace Ben Bernanke last week, this has sent the USD falling and risk on trades up in ...

Elizaveta Belugina
GBP/USD To Correct To 1.587
By Elizaveta Belugina - Sep 16, 2013

GBP/USD is consolidating in the $1.5960/30 area. The pair has started this week with a gap.As the market still expects the Fed to taper bond purchases this week and the GBP is overbought in the short ...

Jason Sen
USD/JPY: Recovered Above Support At 98.76/70
By Jason Sen - Sep 16, 2013

USD/JPY has sold off over night to 98.43 but we have recovered above support at 98.76/70. The outlook is quite negative with resistance at 99.15 but above here we could stretch to 99.45/50 for a ...

Carol Harmer
GBP/USD: Cable Makes A Move Higher
By Carol Harmer - Sep 16, 2013

Cable has followed Friday's action and has made a substantial move higher. Asia is holding above the Daily Pivot of 1.5845 and has propelled this to 1.5960. Now we have resistance at 1.5980 but the ...

Steve Miley
GBPUSD Aims Through 1.6000/45
By Steve Miley - Sep 16, 2013

GBP/USD aims through 1.6000/45A bull gap open (1.5885) after a bullish outside Friday to overcome target peaks at 1.5844/79 and reinforce the prior push through the August peak at 1.5710 and surge ...

GFM Research
FX Daily Report : September 16, 2013
By GFM Research - Sep 16, 2013

Market CommentaryAmidst stronger equities across the Globe the Dollar Index (DX) is trading weak at 81.13 ranges. Though the medium-term trend is still range bound between 80.80 and 82.50, the bias is...

Littlefish FX
US Dollar Down Down On Syria, FOMC
By Littlefish FX - Sep 16, 2013

A definite down week for the US dollar with Syria and the impending FOMC at the forefront of news, here are the US Dollar positives and negatives for the 9th of September until the 13th of ...

Daily Technical Report: September 16, 2013
By ICN.com  - Sep 16, 2013

EUR/USDThe pair kick-started trading this week with a strong bullish price gap, carrying the pair above Linear Regression Indicator 34 and 55 signaled by more bullishness ahead. A slight drop is ...

XAU/USD Outlook: September, 16 2013
By FinFX - Sep 16, 2013

XAU/USDSpot Gold remains under pressure as fresh extension lower approached the psychological 1300 support. Brief corrective action is expected to precede fresh weakness, as technicals remain negative...

AUD/NZD Outlook: September, 16 2013
By FinFX - Sep 16, 2013

AUD/NZDThe cross remains in a sideways mode, with near-term price action trading within 1.1332/1.1415 consolidation range. Hourly studies are neutral, while larger picture bears remain intact and see ...