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Forex Opinion & Analysis

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Kira Iukhtenko
Double Bottom In AUD/USD
By Kira Iukhtenko - Sep 10, 2013

Despite all the bearish skepticism, the Australian dollar extended its recovery from the 100-month MA at $0.8850. On Tuesday the pair came close to the $0.9300 mark (above 23.6% Fibo). Lowering of the...

Mingze Wu
AUD/USD: Pushing Towards Key 93.0 Resistance
By Mingze Wu - Sep 10, 2013

In the eternal struggle between Fundamentals and Technicals, it seems that Technicals won out once again. AUD/USD traded higher earlier due to stronger NAB Business Confidence and Business Conditions,...

Mingze Wu
USD/JPY: Pushing Above 100.0 Without Just Cause
By Mingze Wu - Sep 10, 2013

Prices suddenly shot up after the close of Tokyo Stock Exchange, sending USD/JPY over the 100.0 line and more importantly crossing the highs of early Monday morning. Unfortunately, price remain below ...

Marc Chandler
Dollar Mixed Amid Risk-On Impulses
By Marc Chandler - Sep 10, 2013

The US dollar is narrowly mixed in response to the potential compromise on Syria and firmer Chinese data. The combination of the election outcome and much higher than expected inflation is altering ...

ZIFX com
Yen Pressured As Syria Concerns Fade
By ZIFX com - Sep 10, 2013

USD/JPY Open 99.66 High 100.18 Low 99.07Close 99.54On Monday USD/JPY increased with 100 pips. The currency couple appreciated from 99.07 to 100.11 yesterday, matching the positive money flow sentiment...

Jeremy Cook
Russian Diplomacy Lengthens US Fuse On Syria
By Jeremy Cook - Sep 10, 2013

More strong Chinese data overnight has allowed equities to move higher so far this Tuesday. A ratcheting down of fears around an immediate attack on Syria by the US has also boosted market confidence,...

AutoChartist
Daily Forex Update: USD/CAD
By AutoChartist - Sep 10, 2013

USD/CAD continues to fall inside the daily Triangle chart pattern identified by Autochartist – as you can see form the following trade opportunity alert for this pair. The price is expected to ...

Forex Million
GBP/USD Forecast: September 10, 2013
By Forex Million - Sep 10, 2013

GBP/USDThe pair is trading along an uptrend. We can expect a downtrend from the resistance levels 1.5705 - 1.5740, which will be followed by moving down to the support level 1.5665 and then 1.5625.An ...