Forex Opinion & Analysis

Talking PointsNZD/USD is Current Range Bound R3 Support Sits at .8295 Market Breakouts Signaled Under .8274 (Created using FXCM’s Marketscope 2.0 charts) The NZD/USD starts the week supported...

AUD/USD has edged lower on Monday, as the pair trades in the mid-0.93 range late in the European session. Australian events started off the week on a promising note as ANZ Job...

GBP/USDGBP stole all the headlines during today’s session following the latest YouGov survey for the Scottish Independence vote which had the ‘Yes’ campaign on 51%, with the...

Trade ideas On Monday EUR/USD has been trading flat. Data from the euro area was mixed. The single currency is supported by higher EUR/GBP. Releases due tomorrow aren’t very important, and the...

Currently the GBP/CHF is at 1.5042. We have a gap and bearish gaps are filled only 78% of the time on this cross on day 1. We are looking for a continuation to the Support area at 1.4978with an...

The Pound started the week with a 150-pip gap to the downside to open at a 10-month low of 1.6181, before recording another 10-month low at 1.6102! The reason behind this gap as reported, is fresh...

Breaking 1.3101 was the big technical event seen last week, and it was no surprise to see this break resulting in a drop to a 14-month low at 1.2919 on Thursday. As said in previous reports, breaking...

The GBP/USD is trading near the support zone on a 60 minute time frame. The price is trading below the downward trend line and it has also pierced the Bollinger band which means that the volatility...

The yen has started the week above the 105 line, as USD/JPY trades around 105.20 in Monday's European session. In Japan, GDP came in at -1.8% in Q2, matching the forecast. On...

US DOLLAR TECHNICAL ANALYSIS – Prices are trying to push higher anew after spiking to set a year-to-date high last week.Near-term resistance is in the 10749-56 area, marked by the January...

IMM data released last Friday revealed that investors for the third consecutive week added bearish EUR builds. The move in the EUR has sent non-commercial positioning in the single currency to the 4th...

Bullish US dollar sentiment has reached levels that have consistently marked intermediate tops:

EUR/USDCurrent level - 1.2945 The outlook here remains bearish below 1.2995 minor resistance, for a break through 1.2917 low, en route to 1.2750 major hurdle. USD/JPYCurrent level - 105.12 The...