Forex Opinion & Analysis

EUR/USDThe Euro came under increased pressure, following release of dollar supportive FOMC minutes. The pair extended pullback from Tuesday’s fresh high at 1.3450, retracing 50% of 1.3205/1.3450...

USD/CHF hit a new low in this week, but is now again reversing into what could be the start of some larger, important turning point. Notice that we are tracking a corrective decline from 0.9750 which...

GBP/USD Open 1.5625 High 1.5719 Low 1.5586 Close 1.5651On Wednesday GBP/USD decreased with 100 pips. The Cable depreciated from 1.5719 to 1.5616 yesterday, in line with the negative money flow...

EUR/USDTrading range: 1.3365 - 1.3290Trend: NeutralSell at 1.3354 SL 1.3386 TP 1.3304USD/JPYTrading range: 98.00 - 98.65Trend: NeutralBuy at 98.10 SL 97.78 TP 98.55GBP/USDTrading range: 1.5635 -...

EURUSD still aims higher for 1.3505/02 targetsAn inside pattern pause Wednesday, above minor support at 1.3315/10 maintains the threat for a more positive tone this week after the bullish outside...

Overall, the moves in the Europeans were satisfactor; EUR/USD was almost perfect, and from what I can see we have probably avoided the longer sideways consolidation. Therefore, the outlook resumes to...

Dollar Climbs after FOMC Minutes Confirms September TaperThough some may lament the level of volatility and trend developments that followed this past session’s top fundamental release –...

The battered Aussie dollar received further blows yesterday thanks to the latest FOMC minutes which strengthened the USD. According to the minutes, most Fed members would like to see some form of...

GBP/USD for Thursday, August 22, 2013The GBP/USD has done well throughout this week to maintain its level above the key 1.56 level and in the process has moved to a new two month high above 1.57 in...

EUR/USD for Thursday, August 22, 2013In the last 24 hours the Euro has retreated heavily from above 1.34 after having reached a six month high in the last couple of days. It finished last week just...

The British pound continues to post gains against the retreating dollar. GBP/USD is trading slightly below the 1.57 line in North American trading on Wednesday. In economic releases, UK Public Sector...

The Canadian dollar continues to lose ground against its US counterpart, continuing the trend we’ve seen all week. USD/CAD was trading in the mid-1.04 range in the North American session. The...

EUR/USD Open 1.3344 High 1.3428 Low 1.3330 Close 1.3350On Wednesday EUR/USD decreased with almost 90 pips. The european currency depreciated from 1.3428 to 1.3340 yesterday, matching the negative...