Forex Opinion & Analysis

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...

I have been bearish on NZD/USD for quite some time now as I think the pair might start a drop down sooner or later. There is a bearish divergence on the daily chart as shown below, which adds value to...

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 1.6130, 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...

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%...

USD/JPY The pair trades in near-term consolidative mode, off fresh low at 97.54, with upside being capped at 98.14 for now. Prevailing negative tone on 4-hour chart, keeps the downside at risk, with...

GBP/USD Cable consolidates fresh gains on Friday, when the price peaked at 1.6223 and corrective pullback being established above 1.6140, consolidative floor. However, downside risk persists, as...

EUR/JPY The pair continues to trend higher after last Friday’s corrective pullback found footstep at 133.59. Regain of 134 handle and break above previous peak at 134.17, would open way towards...

EUR/USD The euro ended week in the positive tone, closing just below psychological 1.37 barrier that was cracked last Friday. Annual high at 1.3710 remain in immediate focus, with break here to...