Forex Opinion & Analysis

"As the findings of trading, the euro fell against the dollar today, February 5, 2014, on the negative statistics from the eurozone," say Forex analysts. According to a senior analyst at Bank of...

The Canadian dollar was under pressure in Wednesday trading, as the USD/CAD was pushed above the 1.11 level early in the North American session. In economic releases, Canadian Building Permits posted...

Wednesday 5th of February 2014 News And Rumours DE Jan Serv PMI 53.1 vs 53.6 prev, 53.6 expDE Jan Comp PMI 55.5 vs 55.9 prevEZ Jan Serv PMI 51.6 vs 51.9 prev, 51.9 expEZ Jan Comp PMI 52.9 vs 53.2...

Stronger than expected service sector activity failed to provide support for U.S. assets. Having initially traded higher on the back of the non-manufacturing ISM index, U.S. stocks and USD/JPY have...

EUR/USDCautious sentiment continues to restrain markets, with the EUR/USD finishing the session little changed. Today saw the release of a plethora of macroeconomic data from the Eurozone in the form...

EUR USDThe euro is still consolidating, the market has broken descending channel. We think, today price may continue moving upwards to reach level of 1.3580 and then fall down to return to level of...

Currently we are at 0.8314 and testing a reversal breakout. We are looking for a bullish continuation to the.0214 Fibonacci area at 0.8368. This pair pays 63% more on average then EU, a good reason to...

Today we have an interesting opportunity for the EUR/NZD.I think the pair is coming closer to a major support level. There is also an up-move trend line, as can be seen in the 4 hour chart shown...

The EUR/USD, after breaking the trendline on Friday, is now consolidating under the 1.3535 resistance. This is the minor resistance that helps the sellers along with the upper line of the pennant...

The AUDNZD pair bounced from its support on a weekly time frame as predicted. The support zone was given in our analysis on the 27th January. The price has literally left in a V pattern after touching...

The EUR/USD continues to have an uneventful week, showing little activity on Wednesday. In the European session, the pair is trading in the low-1.35 range. Eurozone releases were a mix on Wednesday....

Risky assets hardly saw much of a bounce yesterday and overnight while USDJPY bounced to ideal local resistance at 101.75 before fading back lower. Meanwhile, the commodity dollars remain well...

The recent emerging market turmoil actually helped SGD strengthen against SGD as regional funds escape their respective beleaguered economies and get into the only Triple A rated country in Asia with...