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Forex Opinion & Analysis

USD/JPY Outlook: Pair Remains Under Pressure
By FinFX - Oct 02, 2013

USD/JPY The pair remains under pressure as fresh weakness off yesterday’s upside rejection at 98.71, threatens full retracement of near-term recovery rally from 97.48, 30/09 low. Negative ...

EUR/JPY Outlook: Pair Extends Pullback Off 133.47
By FinFX - Oct 02, 2013

EUR/JPY The pair remains under pressure and extends pullback off 133.47, 01/10 recovery rejection. The price tests 132 zone, double- Fibonacci support of 76.4% of 131.63/133.47, and 50% of ...

EUR/USD Outlook: Price Hit Fresh High At 1.3587
By FinFX - Oct 02, 2013

EUR/USD The euro remains unchanged and holds within one-week range as brief attempt above previous high at 1.3567 was short-lived. The price hit fresh high at 1.3587, before sliding to strong support ...

GBP/USD- Broken Upward Channel- What Now
By Avatrade - Oct 02, 2013

Focus: the resistance at 1.6297 remain in focus as a major obstacle and the pair needs to break this resistance to confirm further upward trend. The immediate support is near the 1.6085 zone.The ...

Saxo Bank
FX Thoughts Ahead Of ECB Press Conference
By Saxo Bank - Oct 02, 2013

A brief update as we await European Central Bank president Mario Draghi’s press conference today in the wake of the ECB meeting. US government shutdown to drag onThe US government shutdown ...

Kenny Fisher
USD/JPY :Yen Improves As Shutdown Grips US
By Kenny Fisher - Oct 02, 2013

The yen continues to post gains against the US dollar on Wednesday. In the European session, the pair is trading in the mid-97 range. The US government shutdown is now its second day, as Republicans ...

GBP/USD: continues pushing higher
By Forex4you - Oct 02, 2013

Cable continues rising and the short term trend remains up. It is expected to continue given there are no signs of reversal. A decisive break above the 1.6259 highs would probably give confirmation of...

Admiral Markets
USD/JPY: Trouble For Buyers
By Admiral Markets - Oct 02, 2013

Yen strengthens again, and the USD/JPY is in big trouble. Buy signal triggered in the beginning of September, when buyers managed to break from the symmetric triangle formation, had been denied. Bulls...

Boris Schlossberg
All Eyes On The ECB
By Boris Schlossberg - Oct 02, 2013

Market Drivers October 2, 2013 Euro listless as Letta waits for confidence vote and ECB Aussie hurt by weak trade data Nikkei -2.17% Europe -.67% Oil $101/bbl Gold $1293/oz. Europe and AsiaAUD: ...