Forex Opinion & Analysis

EUR/USD headed lower to the 1.3571 level and bottomed almost exactly here at 1.3573. Resistance at 1.3605/10 then held the bounce exactly as predicted but above here look for a selling opportunity at...

GBP/USD is at quite a crucial trend line support area at 1.7125/20 as you can see in the chart above. Yesterday we held above Thursday's low at 1.7097/92 but below here is a negative signal today...

Monday for CanadaMonday is often a risk-off day, perhaps because investors read worrisome articles in the weekend press, such as hints from IMF Managing Director Christine Lagarde that the IMF may cut...

The NZD/USD pair has reached the heady heights close to the 0.88c mark and the market has made it clear it does not belong there. As a result, the Kiwi dollar is now following a bearish channel which...

EUR/USDCurrent level - 1.3599 Yesterday's failure at 1.3575 signals a reversal of the slide from 1.3700 and the current rebound is expected to be limited below 1.3640 resistance, which should provoke...

Talking PointsUSD/JPY Technical Strategy: Sidelines Preferred Doji suggested hesitation near key support Range between 101.20 and 102.77 remains in play The USD/JPY’s long-held range...

Talking PointsUSD/CAD Technical Strategy: Sidelines Preferred Morning Star pattern awaiting confirmation 1.0700 continues to hold as key resistance The USD/CAD is set for a make-or-break session...

ASIA ROUNDUP: AUD Business Confidence came in above expectations, at 8 vs 7 forecast to diverge from consumer confidence in face of a 'tough budget'. The AUD/USD rallied to test 0.940 resistance but...

USD/JPYOpen 101.82 High 102.20 Low 101.67 Close 101.84On Monday the USD/JPY decreased with 40 pips. The currency couple depreciated from 102.20 to 101.78 yesterday, matching the negative money flow...

EUR/USD The pair inched higher but is still limited below Linear Regression Indicator 34, and the resistance 1.3625 is stable in front of the bullish attempts. Therefore, the bearish possibility is...

Currencies The euro (EUR) recovered part of its loses yesterday against the US dollar (USD). The single currency climbed from its weekly low at 1.3575 towards 1.3604 awaiting for more news to come...