Forex Opinion & Analysis

EUR/USDThe pair moved to the upside yesterday but remained limited below 1.3625 keeping the possibility of bringing back the downside move in light of breaking the key support level of the ascending...

GBP/JPY Daily OutlookDaily Pivots: (S1) 165.52; (P) 166.17; (R1) 167.30; The recovery from the GBP/JPY is still in progress but again, we'd expect upside to be limited by 167.76 support turned...

EUR/USD The euro gained strength after yesterday’s post-ECB strong rally cracked important 1.36 barrier. Basing attempt at 1.35 zone becomes more evident, with positively aligned near-term...

Dollar: Can the NFPs Salvage a Tentative Breakdown?Having loitered at a multi-month level of support, the Dow Jones FXCM Dollar finally made a conspicuous, bearish break this past session. That is a...

Although many market participants were on standby for action from the ECB, citing the increasing inflation problems in key eurozone countries such as Germany as a reason for further stimulus, Draghi...

In the last few days the Australian dollar has enjoyed a strong move higher moving through the previous resistance level at 0.88 and reaching a three week high around 0.8980.  In the last 24...

The AUD/USD remains in an uptrend from 0.8660. A further rise could be expected after a minor consolidation, and the next target would be at 0.9040 area. Key resistance is at 0.9085, as long as this...

Non-Farm Payrolls Will Make or Break the Dollar ECB: What Did Draghi Say to Send EUR to 1.36? CAD: Canada Has Jobs Numbers Too! AUD: RBA Quarterly Statement Due NZD: Oil Up, Gold Unchanged GBP: No...

If you ask any trader or investor what is the most important currency to follow they would probably say the U.S. Dollar. After all, the U.S. Dollar is the world's reserve currency. If someone in Asia,...

CSS Daily FX Update and Outlook for 7th February 2014US Dollar Index – (-0.3%)• Market developments on Thursday were a plenty, with the highlights being the bank of England and ECB monetary...

Talking Points USD/JPY rebounds off key Fibonacci level GBP/USD reverses from key Gann level Next Few days are critical for the S&P 500 Foreign Exchange Price And Time At A Glance: Charts Created...

Talking Points ECB maintains view that deflation is not an issue. Euro jumps across the board as it’s clear it will take further weakness for ECB to act. Further EURUSD gains contingent upon US...

EUR/USDThe pair finished the session sharply higher after the ECB not only did not cut interest rates, but also refrained from introducing any new liquidity boosting measures. Instead, the ECB’s...

The Australian dollar continues to move higher on Thursday. In the European session, AUD/USD is trading in the mid-0.89 range. The Aussie has looked superb this week, jumping over 200 points against...