Forex Opinion & Analysis

Outside of the excitement in the British pound, which soared then retraced after a solid employment report, it has been a very quiet morning in the foreign exchange market.Currencies, equities and...

TodayAs we mentioned earlier in the week, this week is likely to be a real grind in the markets as we carve out positions ahead of next week's FOMC meeting. Today news of a think tank releasing a...

The US dollar continues to trade above the 100 level and has posted modest gains in Wednesday trading. USD/JPY is trading in the mid-100 level in the European session. The yen remains under pressure,...

AUD/USD has settled down after its recent gains, as the pair trades just under the 0.93 line. The pair has gained about one cent so far this week. Australia released another strong confidence...

EUR/USDThe pair traded in a relatively tight range in what was generally a light traded volume session, which in turn saw the pair settle the session little changed. In terms of Eurozone specific...

Currently we are at 0.9339 and trying to break the bear flag. We are looking for a continuation to the S3 area at 0.9311. The next target for the Fibo is at 0.9280. The average daily true range (ATR)...

Capital markets are back focusing on yields, especially US yields and 10-years at that, especially as the benchmark issue backs ups towards +2.97% and just ahead of the psychological +3% level. With...

EUR/USD finds itself in a very narrow range in Wednesday trading, as the pair continues to trade in the mid-1.32 range in Wednesday’s European session. The US posted another weak employment...

On Tuesday, AUD/USD got to the absolute crucial resistance for this pair in the long-term. This level is 0.9310, and it has been blocking the bullish movements since the 20th of June. Breaking this...

EUR/USDCurrent level - 1.3260Yesterday's corrective slide fulfilled a precise test of 1.3225 support area and currently the pair is testing 1.3300 resistance zone again, ahead of a reversal for a...

Market Drivers September 11, 2013Obama asks Congress to delay voteUK employment beats sending cable through 5800Nikkei 0.1% Europe 0.1%Oil $107/bblGold $1367/oz.Europe and Asia: JPY CGPI 2.4% vs....

Hourly ChartTreasury prices found support from the 124.0 round figure, with price bouncing up higher to 124.3 during US session. As there wasn’t any news released during the period, the strong...

Hourly ChartHas the new Governor Guv Raghuram Rajan done it? Rupee has been steadily increasing without any significant pullback since he took over on 4th September. The latest proof that USD/INR is...