Forex Opinion & Analysis

The foreign exchange market is quiet. The euro remains within yesterday's ranges. The dollar initially extended yesterday's gains against the yen, but was turned back when it approached JPY102. The...

Rupee has been strengthening steadily since the start of February, sending USD/INR from a high of 63.5 to a low of 60.5 last week. This steady increase against Greenback is impressive considering that...

Not much movement in EUR/USD with prices trading within 1.392 - 1.394 in the past 12 hours. This is in stark contrast to what we've seen in the previous day where EUR/USD traded lower initially but...

The markets have responded to the sanctions against Russian officials with the view that near term tensions are unlikely to escalate, with gold and oil lower and the Swiss franc and Japanese yen...

The main thing of Monday and today’s Asian is the surprisingly good risk appetite following the Crimea vote and posterior Putin's decision to sign order recognizing Crimea as a sovereign state....

EUR/USDTheeuro holds positive sentiment and bounced off 1.3840 higher base, to test levels close to fresh high at 1.3965, posted on 13 Mar. Near-term price action moves in triangular consolidation,...

Cable is trading sideways at the moment. However, we are seeing that the mid term stochastics are looking to change direction from bearish to bullish, and we'll have to see how this unfolds over the...

EUR/USD aims through 1.3965 cycle peak for key 1.40 handle (and above)A prod higher on Monday to build on the resilient Friday digestion above 1.3830, rejecting the threat of a top.Whilst holding...

Market CommentaryMost of the FX majors are traded flat especially the Common Currency and the Cable. The Dollar Index (DX) approaching medium term support of 79.00 ranges, daily close below 78.80...

The Yen has clawed back some serious ground in the last few days as risk aversion has been the name of the game, given the spate of events in Russia and minor worries over China and its ability to...

EUR/USDRisk reward: 1.69Trend: DownSell at 1.3932 SL 1.3964 TP 1.3878USD/JPYRisk reward: 1.84Trend: DownSell at 101.86 SL 102.18 TP 101.27 GBP/USDRisk reward: 1.81Trend: DownSell at 1.6648 SL 1.6680...

EUR/USD has been rising steadily in the last few trading sessions – following the earlier breakout of the daily key resistance level 1.3830 (that was previously identified by Autochartist)...