Forex Opinion & Analysis

AUD/USD for Thursday, July 18, 2013The AUD/USD has continued its solid start to the week as it has rallied well from the support level at 0.90, moving up above 0.92 for the first time in nearly a week...

EUR/USD for Thursday, July 18, 2013After enjoying a solid 24 hours which saw the Euro leave its recent trading range and push up through the 1.31 level, the Euro has been to content to maintain the...

FX: Bernanke In No Rush To Raise RatesGBP Soars As BoE Preps For GuidanceCAD: BoC Adjusts GDP Forecast And StatementAUD: More Disappoints In DataNZD: Gold Down, Oil UnchangedEUR: Italy Slashes 2013...

GBP/USD has tentatively backed off and retreated from key resistance around the 1.5250 price region after rising just above this level in early Wednesday trading.Directional Trend BiasThis rise to...

A modest setback, but still holding above the recent setback low and more notably whilst a firm pivot foundation at 1.0285/80 in intact, we see risk of resilient consolidation and upside pressures...

EUR/USDThe pair finished the session in minor positive territory, after prepared comments by Fed’s Bernanke weighed on the USD and prompted broad based risk on trade. Of note, Fed's Bernanke...

Currently we are at 151.89 after the wedge break. We are looking for a bullish continuation to the R6 at 153.24 with the next target the resistance at 155.68. The average daily true range (ATR) for...

In the current environment, Capital markets are being held captive by the smallest of expressions from key central bankers, with ‘helicopter’ Ben Bernanke’s appearance before...

EUR/USD is very quiet in Wednesday trading, in sharp contrast to Tuesday, when the pair jumped over 100 points. In the European session, EUR/USD is trading in the mid-1.31 range in the European...

EUR/USDCurrent level - 1.3132The intraday bias remains positive after yesterday's unsuccessful test of 1.3050 support area, currently targeting a break through 1.3205, en route to 1.3260 area. Initial...

EUR/USD rose steadily overnight as the markets look to be in unwind mode before the Bernanke speech during Wednesday trade in the USA. Euro was mostly shutdown during the Asia session with a late...

Indian Rupee strengthened once again early today after the Government raised FDI cap in key sectors in bid to stabilize Rupee. However, as with all its recent attempts – raising rates of...

It is not just in Quebec that corruption scandals are rocking the political arena. In Spain, there are growing calls for Prime Minister Mariano Rajoy to step down after revelations that he accepted...