Forex Opinion & Analysis

The USD/JPY broke above 100.00 resistance and reached as high as 100.48, suggesting that the downward movement from 101.53 has completed. Further rise to test 101.53 resistance could be expected in a...

Market Review - 15/07/2013 22:24GMT Dollar retreats on weak U.S. retail sales The greenback pared its gains against other currencies on Monday as the weaker-than-expected U.S. retail sales implied...

FX: Will Traders Cut Dollar Positions Ahead Of Bernanke?EUR: Shrugs Off Fitch EFSF DowngradeGBP: Summer Discounts Expected To Drive CPI LowerAUD: RBA Minutes Pose A Threat To AussieNZD: Softer PMI...

The surprise slowdown in U.S. retail sales forced the dollar to give up part of its gains this morning. Overnight the greenback enjoyed a nice rally but with consumer spending rising by half of what...

The USD/JPY is reversing nicely, lower from the latest high which could already be start of a new larger impulsive price-action back to 98.20. Further intra-day weakness through today's U.S. session...

EUR/USDThe release of weaker than expected retail sales report from the US, which showed that Retail Sales Ex. Auto & Gas for the month of June have fallen to lowest level since June 2012 and in...

The USD/CAD has been uptrending for the past 10 months, maintaining a strong rising trendline support. During the last four days of the previous week however we saw a substaintial decline in this pair...

The US dollar continues to chip away at the yen at the start of the new trading week. USD/JPY has pushed above the critical 100 level in the Monday’s European session. Taking a look at...

EUR/USDCurrent level - 1.3068The intraday outlook is rather negative, for a possible slide towards 1.2950 major support area, before another upswing towards 1.3260 resistance.USD/JPYCurrent level -...

The latest IMM data covers the week from 2 July to 9 July. Speculators turned USD bullish ahead of last week's FOMC minutes and Bernanke's dovish comments . While still somewhat below the peak seen...

The gap in which forward guidance leaves monetary policy in the U.S. versus the U.K. and the euro area, we have pencilled in further downside in EUR and GBP versus USD. We expect the ECB and the Bank...

This week, the scorecard recommends buying AUD, NZD and USD while selling NOK, SEK and GBP.Australian interest rates continue to underperform (declining rates) on the G10. However, last week's...

Our last EUR/CHF analysis was quite optimistic, but recent movements have altered this view. On Tuesday, everything looked nice as the price was pushing upwards and heading towards the 1.2485...

The past week was definitely exciting for Forex traders. The EUR/USD moved from local bottoms to the tops from June 21. The chart shows the power of words: Ben Bernanke’s words. In a few...