Forex Opinion & Analysis

The GBP/USD is has briefly broken its upward trend line on a 4 hour time frame. The pair is trading below the 50 day (shown in green) and the 100 day (shown in yellow) moving average which confirms...

The EUR/USD has entered in a major support zone on a 4 hour time frame. The volatility for the price is extremely high, as the price has pierced the Bollinger band and it is trading away from its 20...

EUR/USDCurrent level - 1.3556Yesterday's break through 1.3700 support zone unleashed a severe downtrend, which is still intact, heading towards 1.3450 area. Initial resistance is projected at 1.3575,...

Whither the Australian dollar? After a multi-month rally on improved China sentiment and a sharply declining US dollar, the Aussie has been turned away at weekly resistance levels.Fresh prospects for...

2013.11.01 14:00 8:00AM ET | USD/JPY Currency PairHere are the current Pivot Points Levels with Support (S) and Resistance (R) for the USD/JPY currency pair. Price action is currently trading slightly...

AUD/USD has posted gains in Thursday trading, as the pair trades just above the 0.95 line in the European session. The Aussie got a boost as Australian Buildings Approvals jumped 14.4%, a...

AUD/USD for Friday, November 1, 2013The AUD/USD has shown little signs of recovery over the last few days as the decline continues strongly to see the AUD/USD breaking through the key level at 0.95...

GBP/USDOver the last 24 hours, the GBP/USD finally shows some positive signs as it was able to find some support around 1.60 and arrest the decline for a little while. The last week has seen the...

GBP/USDBIAS: We should now see direct losses to 1.5985 before reversing higher else a break above 1.6077 would reverse higherResistance: 1.6046 1.6068-77 1.6095 1.6115-20Support: 1.6030 1.5998-09...

EUR/USDThe EUR/USD’s downward movement from 1.3832 extends to as low as 1.3539. A deeper decline to test 1.3462 support is possible, as long as this level holds, the fall could be treated as...

Euro Sees Biggest Drop in 16 Months, Will the ECB Ease? Inconsistent Moves in the Dollar Despite Strong Data Steepest Losses in EUR/GBP Since April AUD: Busy Night in Asia CAD: GDP Growth Beats...

EUR/USDHaving weakened after Wednesday's Federal Reserve data, the euro continued to trade sharply lower against the US Dollar Thursday morning after the release of a string of negative eurozone...

USD/INR traded higher today following the gain in strength of USD overnight brought about by the latest "hawkish" FOMC monetary policy statement. However, most major pairs have actually retraced their...

USD/JPY has posted modest losses in Thursday trading. The pair is trading in the low-98 range in Thursday's European session. In economic news, ADP Non-Farm Payrolls slumped to a six-month low, as US...