Forex Opinion & Analysis

EUR/USD - European SessionThe pair moved to the upside yesterday, benefiting from stabilizing above 1.3070 and the ascending support as shown on the graph. The pair has also stabilized above Linear...

Yesterday’s U.K. inflation number did little to clarify the price situation and hopefully, the attitude of the Bank of England’s Monetary Policy Committee towards further loose monetary...

EUR/USDThe June drop in German investor confidence gauge from the Mannheim-based ZEW Center for European Economic Research, which aims to predict economic developments six months in advance, was the...

Asian indices dropped from seven week high ahead of Federal Reserve Chairman Ben Bernanke’s address to the U.S Congress amid speculation over the timing of a possible reduction to monthly bond...

GBP/CHF today broke the Descending Triangle chart pattern identified by Autochartist on the 4-hour charts – as you can see from the following trade opportunity alert for this currency pair....

The U.S. Dollar remained weak against most of the majors as investors await the Federal Reserve Chairman, Ben Bernanke, who is set to testify before Congress on the state of the economy. Analysts...

USD/JPY Open 99.15 High 100.08 Low 98.88 Close 99.07On Tuesday Dollar/Yen decreased with 120 pips. The currency couple depreciated from 100.08 to 98.88 yesterday, matching the negative money flow...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.57; (P) 150.33; (R1) 150.96; The strong rise in GBP/JPY and break of 151.61 minor resistance suggests that the pull back from 153.01 is completed at 148.77...

The dollar declined broadly ahead of Mr. Bernanke’s semi-annual testimony to Congress, which begins today. It was lower against all the G10 currencies and most of the 15 EM currencies that we...