Forex Opinion & Analysis

The Japanese yen remains soft in Asian session as BoJ kept monetary policies unchanged as widely expected. Board members voted unanimously to keep the target of monetary base expansion at an annual...

EUR/USD The euro remains under pressure and extends near-term weakness of double-rejection at 1.3809, with extension below Fibonacci 61.8% of 1.3527/1.3809 at 1.3535, being taken out. The pair...

The action in the USD crosses has triggered several short-term signals for major USD crosses in favour of the US dollar, most notably EURUSD. NZDUSD is also shaping up as an interesting long-term sell...

EUR/USD Trends And Major Market Levels AnalysisThe EUR/USD currency pair has been falling slightly in forex market trading today after a sharp decline in trading on Wednesday. The EUR/USD has reached...

Brazil’s volatile currency is back in the spotlight, thanks to the Fed’s announcement that it will soon begin to taper its program of asset purchases known as Q3. The following chart shows...

Our previous forecasts headed in our direction for the most part, especially the GBP/USD and EUR/JPY. The other pairs also behaved close to prediction and turned around leaving only tails as a tell...

The curious case of Bitcoin and the associated rise of electronic currency has rekindled money and wealth discussions. It has also given rise to the re-birth to a libertarian cyberpunk ideology. In...

One of the biggest questions in the forex market was answered this week. It was never a will the Fed taper? As Bernanke assured the markets the Federal Reserve would. The unanswered question was:...

GBP/USD for Friday, December 20, 2013The GBP/USD has continued its slide from the last week and reached a three week low but at the same time it has returned to a likely support level at 1.6250 which...

AUD/USDThe Australian dollar has been able to rest for the last 24 hours or so after falling sharply the previous day down to a three month low near 0.8820. After showing some resilience earlier last...