Forex Opinion & Analysis

GBP/USD Open 1.5637 High 1.5653 Low 1.5503 Close 1.5634On Thursday Pound/Dollar continued increasing with 150 pips. The Cable appreciated from 1.5503 to 1.5653 yesterday, in line with the positive...

Thursday’s forecast headed in our direction for the most part, in fact all the pairs behaved very very close to what was thought possible. US Dollar has been weak for sometime but has been...

GBP/USD for Friday, August 16, 2013The GBP/USD has reversed well over the last couple of days to surge higher through the resistance level at 1.56 to a new two month higher around 1.5650. It moved...

EUR/USD for Friday, August 16, 2013The Euro has reversed and surged higher in the last 24 hours pushing through the resistance at 1.33 again and in recent hours, consolidating right around 1.3350....

Dollar: Why is the Greenback Quiet on a Huge S&P 500 Break?This past session was incredible for both the US dollar and broader financial markets. Indisputably, the most remarkable development was...

EUR/USD Open 1.3346 High 1.3364 Low 1.3204 Close 1.3344On Thursday Euro/Dollar traded within wider 160 pip range. The European currency appreciated from 1.3204 to 1.3364 yesterday, matching the...

The chart below shows the AUD/USD 4H Chart, painted with the Ichimoku MT4 Indicator and candlestick patterns. We shade the two “Hammer” patterns in green. Chart from Bloomberg What is a...

Dollar: How Volatility Reflects UncertaintyEUR: More Range Trading ExpectedGBP: More Good News From The UKNZD: Manufacturing PMI Hits 9-Year HighAUD: Lower Inflation ExpectationsCAD: Existing Home...

The U.S. Dollar was hammered across the board during the North American session as EUR/USD reached US$ 1.3353, USD/JPY sank to ¥97.23, GBP/USD raced to US$ 1.5650, and USD/CHF tumbled to CHF...