Forex Opinion & Analysis

The last few days were rather lazy on the main pair on the Forex market. It is mainly due to the Thanksgiving and Black Friday at the end of the previous week. Technically, we should currently be...

AUD/USD The Aussie dollar fell over the past week,as strong US data and talk of FED tapering helped push down the Australian dollar. This decline was also further accentuated by the Reserve Bank of...

The euro has lost ground in Monday trading, following the release of a weak Spanish Manufacturing PMI. In the European session, the pair has dropped to the mid-1.35 range. In other Eurozone releases,...

Market Drivers for December 2, 2013 Cable over 1.6400 as UK Manufacturing PMI beats USD/JPY hits 6 month highs Nikkei -0.04% Europe -0.22% Oil $92/bbl Gold $1238/oz. Europe and AsiaAUD: Co Operating...

Monday saw the BOJ Governor Kuroda on the wires, although the sense is that the market is already fully updated on Japanese monetary policy at the moment regardless of how doveish his comments are, so...

NZD got off to a good start for December after an impressive rise in New Zealand terms of trade, which climbed to 7.5 percent in the third quarter from 4.7 percent in the second quarter (2.9 percent...

EUR/USD Today’s support: - 1.3585, 1.3561 and 1.3545(main),where correction is possible. Break would give 1.3532, where correction also may be. Then follows 1.3512. Break of the latter would...

GBP/USD eyes 1.6500 on the way to target 1.6617 and 1.6745 into year-endAnother new recovery high to end the week and month (and to start this week) to push above the 2013 high at 1.6382 for a new...

Dollar Slips Against Euro And YenThe U.S. Dollar traded mixed during subdued market activity and slipped against a number of majors including the Euro and the British Pound. The greenback received...

EUR/USDTrading range: 1.3570 - 1.3645Trend: NeutralBuy at 1.3584 SL 1.3552 TP 1.3634USD/JPYTrading range: 102.20 - 102.90Trend: NeutralBuy at 102.34 SL 102.02 TP 102.79 GBP/USDTrading range: 1.6385 -...

XAU/USD Spot Gold trades in consolidative sideways mode, with near-term price action being entrenched within 1234/1254 range and near-term studies holding neutral tone. The price is for now capped by...

AUD/NZD The cross lost traction, with near-term price action coming under pressure as recovery rally failed to sustain gains above strong 1.1200 barrier, previous critical support. Fresh weakness to...