Forex Opinion & Analysis

EUR/USD: Short-Term Down-Trend
By Forex4you - Jun 10, 2014

The EUR/USD has fallen to support at the former range lows at 1.3585. It is in a very short-term down-trend, which is extending and it will probably continue lower. The exchange rate has just broken ...

Good News Out Of China Boosts CNY, AUD
By  - Jun 10, 2014

Market Brief The Chinese CPI accelerated at the faster pace of 2.5% y/y in May (vs. 2.4% exp. & 1.8% last), while the PPI y/y showed slower contraction during the same month (-1.4% in May, vs. ...

ZIFX com
Majors Daily Forecast: June 10, 2014
By ZIFX com - Jun 10, 2014

EUR/USDRisk reward: 1.84Trend: DownSell at 1.3601 SL 1.3633 TP 1.3542USD/JPYRisk reward: 1.00Trend: NeutralSell at 102.37 SL 102.69 TP 102.05GBP/USDRisk reward: 1.59Trend: DownSell at 1.6818 SL 1.6850...

Forex Report: Aussie At Highest Rate In 3 Weeks
By iFOREX - Jun 10, 2014

The US Dollar remained strong against the euro and the yen subsequent to the announcement of positive U.S. Non-Farm Payroll metrics issued on Friday, despite the fact that economists were predicting ...

GPB/JPY And EUR/JPY Currency Outlook: June 10, 2014
By ActionForex - Jun 10, 2014

GBP/JPY Daily Pivots: (S1) 171.98; (P) 172.26; (R1) 172.52; Overall outlook in the GBP/JPY remains unchanged. The sideway consolidation pattern from 174.84 is still in progress and could extend ...

Gold Stalls After Bounce; SPX Turns Indecisive
By Dailyfx  - Jun 10, 2014

US Dollar Gains Favored After Period of Consolidation Prices are in consolidation mode after securing a key upside breakout three weeks ago. The first layer of significant resistance remains at ...

Ross Woodfield
EUR/AUD: The New Carry Trade
By Ross Woodfield - Jun 10, 2014

The euro is quickly becoming the funding side of carry trades with its recent interest rate cut and future prospects. The Australian dollar has always been a likely target currency for the carry ...

Alex Gurr
AUD/NZD: Time To Get Bullish?
By Alex Gurr - Jun 10, 2014

AUD/NZD is a cross which is not really heavily traded, but it’s time for a turn and traders should be paying close attention to this pair. The reason for it is the recent break out and the ...

Jason Sen
AUD/USD: Outlook For The Week Is Negative
By Jason Sen - Jun 10, 2014

The AUD/USD unable to beat 2 month trend line resistance at 9370/75. A high for the day was expected in the 9360/70 area and as predicted the pair topped exactly here at 9363. The outlook this week ...

Jason Sen
USD/JPY: No Clear Direction
By Jason Sen - Jun 10, 2014

The USD/JPY levels are working quite well but direction is hard to gauge. In effect the pair has no clear direction. Support at 102.05/95 was expected to be the low for the day on Friday and as ...

Matt Simpson
NZD/USD: Sell The Rumour, Buy The Fact?
By Matt Simpson - Jun 10, 2014

With traders shorting the Kiwi Dollar for the past month prior to Thursday's rate decision, is this a case of 'sell the rumour - buy the fact'? SUMMARY: - I expect sideways trading until the rate ...