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Forex Opinion & Analysis

ZIFX com
Majors Daily Forecast: October 24, 2013
By ZIFX com - Oct 24, 2013

EUR/USDTrading range: 1.3775 - 1.3875Trend: UpwardBuy at 1.3785 SL 1.3753 TP 1.3862 USD/JPYTrading range: 97.75 - 96.80Trend: DownwardSell at 97.62 SL 97.94 TP 96.90 GBP/USDTrading range: 1.6170 - ...

James Chen
AUD/USD Climb Stalls At 50% Recovery
By James Chen - Oct 24, 2013

AUD/USD (daily chart) has stalled and pulled back after rising up to reach and slightly exceed the 50% Fibonacci retracement level of the long and steep plunge from the April high near the 1.0600 ...

Stuart McPhee
EUR/USD: Settles Below Resistance At 1.38
By Stuart McPhee - Oct 24, 2013

EUR/USD for Thursday, October 24, 2013The Euro enjoyed a strong surge higher a couple of days ago to move through to its highest level in nearly two years just shy of 1.38 before settling just below ...

Euro's Strength Makes Some Nervous
By Benzinga  - Oct 24, 2013

However, the currency's recent strength could pose a challenge to the region's fragile recovery.A strong euro means the region's exports are less competitive and could have a negative effect on the ...

Ian Copsey
EUR/JPY Forecast: October 24, 2013
By Ian Copsey - Oct 24, 2013

EUR/JPY BIAS: A high has been seen and this could now get a bit messy…Resistance: 134.46 134.87 135.10 135.50 Support: 133.90 133.60 133.14-30 132.98MAIN ANALYSIS: Failure to move higher and ...

Tiho Brkan
Japanese Yen At Decision Point
By Tiho Brkan - Oct 24, 2013

Chart 1: Japanese yen is triangulating into a decision pointI've already discussed the technical setup of the Japanese yen in early October. Here we are, a few more sessions down the track, and the ...

ZIFX com
EUR/USD Stabilizes Just Below 1.38
By ZIFX com - Oct 24, 2013

EUR/USD Open 1.3774 High 1.3793 Low 1.3740 Close 1.3773On Wednesday EUR/USD traded within narrow 50 pip range. The European currency depreciated from 1.3793 to 1.3740 yesterday, not matching the ...

Franco Shao
AUD/USD Breaks Below Upward Trend Line
By Franco Shao - Oct 24, 2013

The AUD/USD breaks below the upward trend line on 4-hour chart, suggesting that consolidation of the uptrend from 0.9280 is underway. A deeper decline is still possible and the target would be at ...

Kathy Lien
For Currencies, It's All About China
By Kathy Lien - Oct 23, 2013

For Currencies, It's All About ChinaEUR: All Eyes On Euro Zone PMIsGBP: BoE Upgrades GDP Forecasts, Slight OptimismCAD: Bank Of Canada Drops Bias To Raise RatesAUD: Inflation Ticks Up In Q3NZD: ...

The New Case for a (Big) AUD/NZD Rally
By Dailyfx  - Oct 23, 2013

Talking Points RBA's "Wait-and-See" Approach A Big Problem with the RBNZ's Hawkish Plans Triple Bottom on AUD/NZD Chart Key Support and a Lofty Upside Target AUDNZD is odd in that it pits two ...

Euro Sets Yearly High
By Dailyfx  - Oct 23, 2013

Talking Points Prices broke resistance at 1.3743 (50% Fib), exposing 1.3806 (61.8% Fib) A further push above that targets 1.3886 (76.4% Fib) Back below 1.3743 targets 1.3710 (Feb 1 high), 1.3679 ...