Forex Opinion & Analysis

Markets opened rather steady this week with mild strength in Kiwi and Aussie. The New Zealand dollar is lifted by PPI data. PPI outputs rose 1.0% qoq in Q2 versus expectation of 0.7% qoq. That's a...

EUR/USDTrading range: 1.3340 - 1.3265Trend: NeutralSell at 1.3329 SL 1.3361 TP 1.3279USD/JPYTrading range: 97.40 - 98.05Trend: NeutralBuy at 97.50 SL 97.18 TP 97.95GBP/USDTrading range: 1.5640 -...

NZDUSD aims for 200-DMA, .8210 and aboveA better rally to end the week to probe above the latter July peak at .8105 and switch the near term outlook to more positive after the erratic range theme of...

Friday’s forecast had a bit a of a turmoil. The pairs did not have the strength to reach our blue zones. The US Dollar has been weak for sometime but has been gaining some steam against a few...

The month of August has always been associated with the “summer doldrums” from when I first stepped into the world of Forex over 30 years ago. As regular as clockwork each year market...

The kiwi dollar continued the uptrend that started from 14th August, pushing to as high as 0.8125 during early Asian hours. Price was expected to be bullish due to last Friday’s last ditch...

The GBP/USD reversed well to finish out last week to surge higher through the resistance level at 1.56 to a new two month high around 1.5650. It moved back to the 1.5450 level, after having spent the...

EUR/USD for Monday, August 19, 2013The Euro finished last week just easing away from the long term resistance level at 1.34 which has seen it start the new week trading around 1.3330. It spent about a...

EUR/USD Open 1.3322 High 1.3380 Low 1.3310 Close 1.3324On Friday EUR/USD traded within narrow 70 pip range. The European currency depreciated from 1.3380 to 1.3310 on Friday, not matching the positive...

The AUD/USD rallied well to finish last week moving from below 0.91 back towards the short term resistance level at 0.92. Towards the end of last week, it moved wildly within a 24 hour period from...