Forex Opinion & Analysis

EUR/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.3645, which will be followed by reaching support...

Market Drivers For May 29, 2014 Australian Capex lower but details better than headline as AUD soars to 9300 Japan Retail Sales drop post tax increase Nikkei -.07% Europe .15% Oil $102/bbl Gold...

EUR/USD - European Session The pair is trading slightly to the downside triggered by the Linear Regression Indicator 34 and 55 below the 23.6% correction at 1.3705. Trading below the referred to level...

GBP/JPYDaily Pivots: (S1) 169.53; (P) 170.51; (R1) 171.14; Intraday bias in the GBP/JPY remains neutral for the moment. Near term outlook is a bit mixed. But still, price actions from 174.84 are...

EUR/USD Daily Analysis: EU continued to fall yesterday, in line with our bearish trend analysis, dropping below 1.36 for the first time since February. Short-term trend analysis remains bearish...

EUR/USDRisk reward: 1.53Trend: DownSell at 1.3607 SL 1.3639 TP 1.3558USD/JPYRisk reward: 1.25Trend: DownSell at 101.75 SL 102.07 TP 101.35GBP/USDRisk reward: 2.09Trend: Strong DownSell at 1.6729 SL...

For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9233.LME Copper prices edged up 0.2% or $15.0/MT to $7035.0/MT. Aluminium prices rose 1.4% or $24.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984.In economic releases, Switzerland’s GDP rose 0.5% (QoQ) in the first quarter of 2004, faster than a 0.2%...

For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 101.76.In the Asian session, at GMT0300, the pair is trading at 101.70, with the USD trading 0.06% lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.6714.In an interview with the Financial Times, a BoE policymaker, Martin Weale opined that the BoE should not delay in...

For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3594, as data showed that unemployment in Germany, the largest economy in the Euro-zone, unexpectedly rose for the...

The EUR/USD has broken below 1.3590 and although extremely oversold, from the charts, the market does look weaker now. There is scope for us to trade lower to 1.3560/40.We should look to cover shorts...

EUR/USD tumbled today to exchange at 1.3623 after German occupations information missed the business sector and French purchaser using tumbled. While brokers are expecting a play by the ECB one week...