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Forex Opinion & Analysis

Jason Sen
GBP/USD Breaks Higher
By Jason Sen - Apr 17, 2014

GBP/USD hit last week's high at 1.6815/25 and topped exactly here as expected but we have broken higher this morning. Despite being severely overbought the outlook remains positive and we should ...

Jason Sen
EUR/USD: Strong Resistance Once Again
By Jason Sen - Apr 17, 2014

EUR/USD hit resistance at 1.3850/60 seeing a high for the day as predicted. This is strong resistance again today but don't rule out a break higher to fill the gap at 1.3880 for a selling ...

Carol Harmer
USD/JPY: Dips Should Be Bought
By Carol Harmer - Apr 17, 2014

JPY is being quiet at the moment, however we are still of the opinion that dips should be bought. As long as we can remain trading above 10135/30 there is scope for the market to have quite a large ...

GFM Research
FX Daily Report : April 17, 2014
By GFM Research - Apr 17, 2014

Market CommentaryThe Dollar Index (DX) trading at 79.80 ranges with medium term support is seen at 79.00 ranges; Dollar weakness may extend on weekly close below 78.70 ranges else the medium term ...

ZIFX com
Major FX: Risk, Trend, Buy/Sell
By ZIFX com - Apr 17, 2014

EUR/USDRisk reward: 1.62Trend: UpBuy at 1.3837 SL 1.3805 TP 1.3889USD/JPYRisk reward: 1.72Trend: DownSell at 102.03 SL 102.35 TP 101.48GBP/USDRisk reward: 2.31Trend: Strong UpBuy at 1.6829 SL 1.6797 ...

Thursday's FX: Support And Resistance
By FinFX - Apr 17, 2014

EUR/USD The Euro holds positive near-term tone off fresh low at strong 1.3789 support, as the price stabilizes above 1.38 higher base, supported by daily 20SMA / Tenkan-sen line. Recovery attempts ...

ZIFX com
Cable Renews Uptrend, Lifting Over 1.68
By ZIFX com - Apr 17, 2014

GBP/USD Open 1.6796 High 1.6838 Low 1.6718 Close 1.6793On Wednesday Pound/Dollar increased with 105 pips. The Cable appreciated from 1.6718 to 1.6823 yesterday, in line with the positive money flow ...

Matt Simpson
GBP/JPY: Aligning Up For Run To 179
By Matt Simpson - Apr 17, 2014

I suspect we are nearing the end of the sideways correction on GBP/JPY which means the bullish run will resume. We can see the bullish channel continues to hold and have come to respecting the lower ...

TFI Markets
Yen Stronger
By TFI Markets - Apr 17, 2014

Yen stronger with remarks by the Bank of Japan governor repeated that aggressive easy policy launched last April will continue and will take Japan out of years of deflation. Dollar currently trading ...

Daily Forex Update: GBP/USD
By AutoChartist - Apr 17, 2014

GBP/USD continues to rise after the recent breakout of the daily key resistance level 1.6680 that was previously identified by Autochartist – as you can see from the following trade opportunity ...

Graham Blackmore
Looking To Buy Into AUD/USD Uptrend
By Graham Blackmore - Apr 17, 2014

The AUD/USD is a market that I've been watching closely the last few months, because it is currently displaying beautiful, stable trending conditions. I am definitely only looking for buying ...