Forex Opinion & Analysis

With the UK markets back online after the holiday long weekend, playing catch-up is the order of the day. Euro credit markets are trading firmer this morning despite the non-rapturous applause in Asia...

The USD/JPY pair is trading above its upward trend line on a 60 minute time frame. This represents that the trend is towards the upside. The price has bounced from its 100 day (shown in red) moving...

EUR/USD The pair traded in a very tight range yesterday and during the Asian trading session today below 61.8% correction at 1.3230. Based on Fibonacci rules, stabilizing below 61.8% correction favors...

EUR/USD - Gap down.This pair opened this week with a gap, the price hit a support zone. As you can see we have support below 1,3176, the static resistance could be found at 1,3292. The price could...

Forex News and Events: The divergence in monetary policy is now providing FX markets with much needed volatility and direction. Fed Chair Yellen's Jackson Hole address was less dovish than many had...

Market Drivers August 26, 2014New Zealand Trade balance widens as monthly exports fall for first time since July 2013No Data in Europe Putin Poroshenko meeting eyedNikkei -0.59% Europe -0.29%Oil...

The U.S. Dollar sustained a broad increase against a basket of major currencies after Friday's speech by Janet Yellen, the Chairwoman of the Federal Reserve pointed to the likelihood the policy makers...

GBP/JPY Daily Pivots: (S1) 172.29; (P) 172.48; (R1) 172.68; With 171.60 minor support intact, further rise could still be seen. Recent development argues that price actions from 175.36 are developing...

GBP/USD (daily chart shown below) began the new trading week with a slight relief rally after last week’s sustained plummet, but continues to carry significant downside risk.From its multi-year...

It's been an uneventful start to the week, as EUR/USD is trading just below the 1.32 line in Tuesday's European session. On the release front, there are no events out of the...

NZD Trade balance: In deficit for the 1st time this year, and at its lowest level since Sep 13. This resulted in both AUD and NZD selling off across the board with AUDUSD trading to a 3-day low...

EUR/USDRisk reward: 1.84Trend: DownSell at 1.3215 SL 1.3247 TP 1.3156USD/JPYRisk reward: 1.91Trend: DownSell at 103.94 SL 104.26 TP 103.33GBP/USDRisk reward: 2.09Trend: Strong DownSell at 1.6595 SL...

EUR/USD The euro holds overall negative tone and posted marginally lower low at 1.3177, levels last time seen one year ago, with near-term price action trading in consolidative mode, around 1.32...