Forex Opinion & Analysis

EUR/USDThe pair failed to benefit from the outperformance of EUR vs. GBP and trended lower throughout the session, as somewhat mixed EU based PMIs reinforced the growing consensus view that the ECB...

Talking Points GBP/USD Technical Strategy: Pending Long Hammer formation helped signal bounce Daily close above resistance to open further gains GBP/USD continues its ascent following the Hammer...

Talking Points NZD/USD Technical Strategy: Sidelines Preferred Doji suggests hesitation by traders near key support Bullish pattern on four chart may see limited follow-through A change in the tides...

Talking Points USD/JPY rebounds sharply from just above YTD low AUD/USD nearing double top trigger EUR/USD cyclical picture remains negative for at least another week Foreign Exchange Price & Time...

The AUD/USD showed some upward movement on Thursday but was unable to consolidate these gains. Late in the European session, the pair is trading in the mid-0.92 range, unchanged...

The Japanese yen has edged higher on Thursday, as USD/JPY continues to trade in the mid-101 range. In the US, the Federal Reserve minutes were cautious in tone, eliciting...

Forex News and Events: The FX markets are mostly driven by economic data today. The May preliminary PMI readings across the globe triggered price action in Asia and Europe, the US reading is due in...

The EUR/USD is trading below the downward trend line on a 120 minute time frame. The price is also trading in a downward wedge pattern which is a bearish pattern. The volatility for the pair is low as...

Talking Points AUD/USD Technical Strategy: Sidelines Preferred Hammer suggests bears have run out of steam Morning Star in intraday trade hints at recovery to 0.9300 Signs of a potential bounce...

After a slow start to the week for the Pound, it has shot back into favour for investors as the UK has delivered yet again on its economy with strong results.CPI data saw a boost and this was a boost...

The Bank of Japan (BoJ) surprised no one when it held off implementing more stimulus yesterday, but the level of positivity in their comments was interesting. October is now the month traders are...

Market CommentaryThe US Dollar traded mixed bag wherein it traded strong against the Euro, the Swiss France and the Japanese Yen whereas the Dollar traded weak against the Pound; the Aussie ended flat...

Market Drivers May 22, 2014 EZ PMI generally lower with only GE Svc beating the mark HSBC Chinese PMI surprises to the upside; helps AUD to 9260 Nikkei 2.11% Europe .02% Oil $104/bbl Gold...