Forex Opinion & Analysis

This could turn out to be a wild month with the backlog of US data beginning to line up, coupled with the tentative first glimpse at whether of not the US shutdown had any lasting effect on the health...

A very quiet open this morning, with no news impacting the markets. USD/JPY is the biggest mover, after disappointing Japanese Trade data (with exports growth slowing), added to the challenge to...

The JPY continued to edge weaker against even a struggling US dollar as trade data overnight failed to support the currency. Exports failed to grow as much as expected relative to a year ago, though...

The US data calendar picks up this week after the government shutdown caused reporting delays. On Monday, the market expects a decline in US existing home sales for September. Much of the focus will...

Market Drivers for October 21, 2013 Japanese Trade deficit for 15th month in a row - worse than forecast German inflation but hotter Nikkei 0.91% Europe -0.11% Oil $100/bbl Gold $1314/oz. Europe and...

EUR/USD: Weekly ReportThe pair managed to move to the upside around the previous top at 1.3711, as the overall upside move might extend triggered by stability above Linear Regression Indicators and...

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.3650, which will be followed by reaching resistance level...

EUR/USDCyprus won the 10-billion euro ($13.7 billion) lifeline in March in return for pledging to tighten its budget, force losses on uninsured depositors at the country’s two largest banks and...

XAU/USD Spot Gold trades in the near-term consolidative mode, holding within narrow range, off important 1329 barrier. Near-term studies are positively aligned and favor further extension of recovery...

AUD/NZD The cross returns to strength and attempts above 1.1394 high, after completing 1.1394/1.1358 near-term corrective phase, where 55DMA contained pullback. Positive technicals favor extension...

EUR/USDTrading range: 1.3700 - 1.3625Trend: NeutralSell at 1.3687 SL 1.3719 TP 1.3637USD/JPYTrading range: 97.80 - 98.50Trend: NeutralBuy at 97.94 SL 97.62 TP 98.39 GBP/USDTrading range: 1.6190 -...

AUD/USD The pair remains supported and continues to trend higher, as upside acceleration through psychological 0.9600 barrier, tested near-term target at 0.9664, 14/06 peak and Fibonacci 61.8%...