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Forex Opinion & Analysis

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GCI Financial
Pair Showing Convergence With MA’s
By GCI Financial - Aug 13, 2013

For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.0315.In the Asian session, at GMT0300, the pair is trading at 1.0307, with the USD trading modestly lower from ...

GCI Financial
Top-Tier UK Data On Tap
By GCI Financial - Aug 13, 2013

For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.5457.In the Asian session, at GMT0300, the pair is trading at 1.5465, with the GBP trading tad higher from ...

GCI Financial
Euro Paring Its Previous Session Losses
By GCI Financial - Aug 13, 2013

For the 24 hours to 23:00 GMT, EUR declined 0.35% against the USD and closed at 1.3292.In France, trade deficit narrowed to €1.4 billion in June from a deficit of €3.5 billion in May. In ...

Steve Miley
EUR/USD: Corrective Setback
By Steve Miley - Aug 13, 2013

EURUSD corrective setback and upside risksWe have recently stressed that “we would look for modest support at 1.3240 to hold on a corrective setback early this week” and having had such a correction, ...

Carol Harmer
GBP/USD: Resistance At 1.5478
By Carol Harmer - Aug 13, 2013

1.5446 has been the low and this is the area we were looking at yesterday as a target if we broke the 1.5478 support.Here we should expect some profit taking and this should hold the price up at these...

Gregor Horvat
EUR/USD: Bearish Reversal Unfolding
By Gregor Horvat - Aug 13, 2013

EUR/USD has been trading higher last week and reached highs around 1.3400 region from where pair reversed impulsively and suggests that highs are in. As such, larger ending diagonal appears complete ...

Jason Sen
EUR/USD Oversold Short-Term
By Jason Sen - Aug 13, 2013

EUR/USD hit our target of 1.3310/00 and continued lower to 1.3277 so we did not make it as far as good support at 1.3250/40 for a buying opportunity. If we do see this level today we can exit shorts ...

Forex Watchers
EUR/USD: Mixed Outlook On USD
By Forex Watchers - Aug 13, 2013

Good start to the week as Monday’s forecast headed in our direction for the most part, in fact all pairs, including the hedged pair behaved close to what was thought possible. Overall Japanese ...

James Chen
USD/JPY’s 87% Record: An August Fall
By James Chen - Aug 13, 2013

August is the month when USD/JPY fell in 13 of the last 15 years (87%), with 2006 and 2008 being the only exceptions since 1998. Repatriation of August coupon payments from US treasury bonds by ...