Forex Opinion & Analysis

EUR/USD - European SessionDespite the slight upside move yesterday, we find the pair stable below 50% correction at 1.2875 indicated on the graph. Stability below this level is negative, and might...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.39; (P) 150.76; (R1) 151.32;There is no change in the GBP/JPY's outlook. We support the case that rebound from 147.10 is complete, and that it was only a...

USD/JPY Open 100.84 High 101.54 Low 100.76 Close 100.94On Monday Dollar/Yen decreased with 75 pips. The currency couple depreciated from 101.54 to 100.76 yesterday, not matching the positive money...

The euro strengthened for a third day against the yen as European Union finance ministers meet in Brussels, a day after agreeing to release 3 billion euros ($3.9 billion) of aid for Greece.The dollar...

Traditionally, Bond Prices move in the opposite direction of Stock Prices. Should stock prices rise, bond prices will decline as market would want to exit lower yielding bonds and enter in higher...

The AUD/USD fell back to the lows on Friday but because of overlapping price action in the latest bearish waves and bullish divergence on the RSI we are still observing an ending diagonal placed in...

GBP/NZD is trading in a downtrend. We would like to ride on this trend.Sell GBP/NZD at 1.9242Stop level at 2.0080Target level at 1.8500

SGD has seen quite substantial weakness recently, with USD/SGD pushing from 1.265 to 1.285 within the span of 5 trading days. Some say that the rally has been brought about due to the intentions by...

Australia’s dollar fell against most of its major peers amid concern faster inflation in China will damp prospects for exports to the South Pacific nation’s biggest trading partner.The...

The Dollar Index rose as traders increased bullish bets on the U.S. currency amid speculation the Federal Reserve will provide further guidance on plans to scale back asset purchases.The gauge...

Dollar Stumble Yet to Reverse Bull Trend, What Would it Take?Having marked a critical, bullish rally just this past Friday; the Dow Jones FXCM Dollar (USDollar) took a concerning break to open this...

Monday’s forecasts went in our direction for the most part, three of the pairs had some steam to break through our blue zones. Overall, as we had anticipated, we had a slow day with the slight...

Last week was once again very volatile on the currency market. The greenback was once again the big winner of the week with gains of 1.39%, 2.03, 0.83% against the EUR, GBP and CAD respectively. Last...

EUR/USDTrading range: 1.2845 - 1.2945Trend: UpwardBuy at 1.2857 SL 1.2825 TP 1.2934USD/JPYTrading range: 100.90 - 101.60Trend: NeutralBuy at 101.01 SL 100.69 TP 101.46GBP/USDTrading range: 1.4920 -...