Forex Opinion & Analysis

Talking Points 1.3570 a key level for the euro AUD/USD fails at key Gann level USD/JPY entering into critical cyclical period Foreign Exchange Price & Time at a Glance: Charts Created using...

Trading plan for July 11The market will be once again very light on economic data. The main events will be: USD: FOMC Member Fischer Speaks (20:30 GMT, July 10) – Fisher is a hawk and his...

EUR/USD - Euro continues forming ascending wave with target at level of 1.3655. After reaching it, instrument may start descending correction towards level of 1.3620 and then start moving upwards to...

EUR/USDThe pair started the session on the backfoot amid a broadly stronger USD as it recouped some of its post-FOMC losses. The move to the downside was extended following some particularly...

Currently the GBP/NZD is at 1.9424 attempting a break of the descending wedge. We are looking for a continuation to the day chart bottom area at 1.9360 AFTER the break of the descending wedge. The...

Forex News and Events: The dovish FOMC minutes hit US yields and USD in New York yesterday, as the FX markets adjusted positions. Although the recent improvement in the US labor market boosted the...

EUR/USD’s recovery appears to be gaining traction as the market appears not quite ready to test the much more important 1.3503 recent low and the 1.3496 2012 -2014 uptrend, notes...

Talking Point:UK Total Trade Balance (GBP/Mn): -£2418 Actual Vs -£1600 Estimated; -£2052 Prior. UK Visible Trade Balance (GBP/Mn): -£9204 Actual Vs -£8750 Estimated;...

FOMC MinutesThe market was only looking for hawkish surprises as it is virtually impossible to surprise on the dovish side of things in FOMC-land. There was mention in the minutes of finishing the...

The EUR/USD has edged lower on Thursday, as the pair trades in the mid-1.36 range in the European session. On the release front, French and Italian Industrial Production both posted...

EUR/USDCurrent level - 1.3634 Although the intraday bias is still positive, my outlook here is counter-trend, for a break through the crucial 1.3601, en route to 1.3502. USD/JPYCurrent level -...

Market BriefThe FOMC minutes from June 17-18th meeting have been more dovish than expected. Minutes showed that participants were worried about the excessive risk appetite (isn’ Fed injecting...

Market Drivers for July 10, 2014 AU unemployment jumps to 6.0% from 5.9% eyed Chinese Trade softer at 31B vs, 35B eyed. Nikkei -0.55% Europe -0.31% Oil $101/bbl Gold $1330/oz. Europe and AsiaAUD:...