Forex Opinion & Analysis

USD/JPY Open 102.84 High 103.43 Low 102.68 Close 102.96On Tuesday the USD/JPY decreased with 75 pips. The currency couple depreciated from 103.43 to 102.77 yesterday, not matching the positive money...

EUR/USD Perhaps the most interesting technical event, albeit minor in magnitude was the fact that the weekly pivot rejected the price in an attempt to dip lower. As announced yesterday this level...

Market Drivers for March 12 2014 Drop in Nikkei sends USD/JPY below 103.00 Aussie pressured by Dr. Copper Nikkei -2.59% Europe -0.79% Oil $99/bbl Gold $1355/oz. Europe and AsiaAUD: Westpac Sentiment...

Kiwi dollar has been trading higher since Asian session, rebounding off the 0.845 support level and as since climbed above the 0.847 resistance and perhaps more importantly last Friday's closing level...

European SessionEUR/USD The downside attempts for the pair remained limited above the medium term ascending channel support as shown over daily basis. Stability above 1.3810 will keep the upside...

Another quiet day in the currency markets today with most majors trading close to their opening levels. UK’s manufacturing production came in at 0.4% from 0.3% expected but sterling’s...

EUR/AUD continues to rise after the recent breakout of the 4-hour Triangle chart pattern that was earlier identified by Autochartist. The price is expected to rise to the target level 1.5768 in...

EUR/USD Daily Analysis: EU continued to slowly fall yesterday but never jumped up enough for us to get an entry – not that we wanted one at this pace. That lack of bearish momentum has confirm a...

The U.S. dollar inched higher against several of its most traded counterparts as demand for risk assets remained subdued. Risk aversion seemed to reign in the Forex as Russia continued to make its...

EUR/USDRisk reward: 1.69Trend: DownSell at 1.3862 SL 1.3894 TP 1.3808USD/JPYRisk reward: 1.44Trend: DownSell at 103.01 SL 103.33 TP 102.55 GBP/USDRisk reward: 2.09Trend: Strong DownSell at 1.6636 SL...

For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.8964, on concerns that the economic growth prospects of China, its biggest trading partner is dwindling after the...

For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.1110.In the Asian session, at GMT0400, the pair is trading at 1.1114, with the USD trading slightly higher from...

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8776.In economic news, Swiss industrial production rose 0.4% (QoQ) in the fourth quarter, failing to meet...