Forex Opinion & Analysis

Downtrend in AUD/USD is strong with prices gaping lower this morning, continuing the decline that started last Friday following the failure to break 0.893 resistance. What is even more impressive is...

EUR/USD rallied suddenly last Friday during European hours, only to see a sharp pullback during the US trading session to end just under 1.375 - the levels where teh EUR/USD was just before the...

The holiday-thinned activity may have distorted the price action, but the general theme that has emerged in recent weeks remains very much intact. The US dollar's weakness, which many observers and...

EUR/USD What Forex Target Traders See: We are currently sitting at 1.3732. The pair has bounced on the trend support but it appears a top has been put in place although another move is possible to...

2013 was a tough year for the Australian dollar. It lost 15% to 20% of its value against most major currencies and the only currency it managed to outperform was the Japanese Yen. Slower growth, 50bp...

GBP/USD continues to impress with a late-week rally and has gained around 140 points on Friday, as the pair trades in the mid-1.65 range in the European session. It's another light schedule for...

The Market• EUR/USD moved significantly higher violating the 1.3710 barrier (yesterday’s resistance). The pair seems to follow a new support trend line and we might see the rate challenging...

EUR/USD The euro resumes rally from 1.3620, correction low, after leaving higher base at 1.3655, following two-day consolidation and retracing over 76.4% of 1.3809/1.3624 pullback. Near-term focus...

After a quiet week during the Christmas holiday, the euro burst out of the starting gates on Friday. EUR/USD has gained over one cent on the day, as the pair trades around the 1.38 line in the...

The U.S. Dollar traded mixed against the majority of its forex counterparts, and it remained at a five-year high against the Yen. A light economic calendar, together with the market’s closure...

EUR/USD Daily Analysis: The markets appear to be heading into the New Year with risk-appetite stuck in the ON position, with equities and the Euro (a risk barometer) carving out respective new highs....

EUR/USD - European SessionThe EURUSD pair has inclined during the Asian session trading above the middle line of Bollinger bands-valued at 1.3698- once again. This incline is gradually taking RSI 14...

EUR/USDTrading range: 1.3725 - 1.3825Trend: UpwardBuy at 1.3735 SL 1.3703 TP 1.3812USD/JPYTrading range: 105.00 - 104.35Trend: NeutralSell at 104.86 SL 105.18 TP 104.4 GBP/USDTrading range: 1.6425 -...