Forex Opinion & Analysis

EUR/USDThe euro trades in a near-term consolidative mode, following Thursday’s repeated rejection above 1.32 and subsequent sharp fall to 1.3100, the next downside target. The pair remains under...

USD/JPYBIAS: While 100.29-69 caps we should see a correction to around 99.20-50Resistance: 100.29 100.45-69 100.86 101.20Support: 99.95 99.80 99.60-65 99.45MAIN ANALYSIS: I can't say the internal...

The Japanese yen gained ground against most rivals through the European session as USD/JPY came off to ¥99.52, EUR/JPY weakened to ¥130.63, GBP/JPY slumped to ¥155.62, and CHF/JPY fell to...

EUR/USDTrading range: 1.3145 - 1.3045Trend: DownwardSell at 1.3135 SL 1.3167 TP 1.3058USD/JPYTrading range: 100.05 - 99.15Trend: DownwardSell at 99.95 SL 100.27 TP 99.23GBP/USDTrading range: 1.5625 -...

Markets did not go far since yesterday’s US close, as speculators are sitting on their hands ahead of the US NFP report today at 12:30GMT. Expectations are 178K; if news will be better than...

The US dollar was stronger against all the major currencies after the ECB’s decision to keep its monetary policy unchanged, leaving key policy rates at their historical lows. The dollar...

The European structures don’t quite look to be in harmony with each other, at least to a certain extent, particularly in terms of EUR/USD versus GBP/USD. They could come right but the drop in...

AUD/USD for Friday, September 6, 2013In the last few days the AUD/USD has been placing upward buying pressure on the key 0.90 level and in the last 48 hours it has surged higher through this level on...

EUR/USD for Friday, September 6, 2013For nearly the last couple of weeks the Euro has fallen strongly away from the resistance level at 1.34 back to below the support level at 1.32 and in doing so...

1) New measures by the RBI stop the bleeding in India – for now at least 2) The market is calling Turkey’s CB Governor Basci’s bluff 3) The Polish government announced its...

Dollar Rally – It All Comes Down to PayrollsEUR – Hit Hard by ECB Pledge to Keep Rates LowEUR/GBP – Seven Straight Days of LossesCAD – Canadian Employment Numbers Due FridayAUD...