Forex Opinion & Analysis

Euros held the 200 day M/A yesterday at 1.3139 but could not break back above the recent trendline resistance at 1.3183 and this will prove a problem today. Although it was quiet overnight, we have...

Monday’s forecast went in our direction for the most part, except for two pairs that did not have the strength to reach our blue zones, all others behaved close to what was thought possible. We...

The day after the long Labour Day weekend marks many things: back to school, the resurgence of traffic on the roads, increased business activities and, more action on the markets! The shorter work...

EUR/JPYBIAS: While 130.85-95 supports we should see gains through to 132.16-47 and a later higherResistance: 131.27-38 131.85-90 132.16-47 132.73Support: 130.85-95 130.50-55 129.95-05 129.60-65MAIN...

GBP/USD for Wednesday, September 4, 2013Throughout the last couple of weeks the GBP/USD has slowly but surely drifted lower away from the resistance level 1.57 and back down below 1.55. Earlier last...

AUD/USD for Wednesday, September 4, 2013In the last few days the AUD/USD has been placing upward buying pressure on the key 0.90 level and in the last 24 hours has surged higher through this level on...

GBP/USD has been fairly quiet in Tuesday trading. In the North American session, the pair is trading in the mid-1.55 range. Both the US and UK posted strong numbers earlier in the day. In the UK,...

The greenback pared its early gains versus the yen and the euro on Tuesday after U.S. Congressional leaders voiced their support for President Obama's recent call for a limited military intervention...

USD/JPY has broken above major price resistanceWe think the price breakout along with our forex positioning data favors strengthKey risk is sharp equity market turn lowerWe have been calling for US...

US and Canadian markets are back in action on Tuesday after the Labor Day holiday. USD/CAD is trading in the low-1.05 range in the North American session. In economic news, today’s highlight, US...

AUD was stronger against all major currencies after the Reserve Bank of Australia held its cash rate unchanged at 2.5% and signaled in its accompanying statement that it was not likely to ease...

The euro continued its slide against the dollar on Tuesday after weak unemployment data from the 17 nation bloc and worries about US military intervention in Syria put pressure on the currency. The...

Investors are waking up from their summer slumber to an exceptionally busy week in the financial markets. Currencies are in focus as they will be particularly sensitive to the central bank meetings,...

EUR/USDThe pair finished the session lower, falling below the 50 DMA line at 1.3186 in the process, with the next key technical support level noted at the 200 DMA line of 1.3144. Going forward, much...