Forex Opinion & Analysis

Bull CaseThe USD/JPY pair has broken the symmetrical triangle pattern to the upside on a 30 minute time frame. If this pattern plays out completely, it could easily push the price towards the 99.93...

Markets have had three working days plus a weekend to come to grips with the changes in Fed policy revealed last week. We expect that some calm will be restored now that markets have had an...

It seems clear that the summer markets will be governed by three main strands of fear that have become apparent in the past week or so.The most obvious is the fear that the Federal Reserve will...

EUR/USDEuropean Union leaders will this week attempt to stave off a resurgence of market tremors, after talks on setting up unified banking rules broke down. Negotiations among the 27-member...

Most Asian indices traded lower after Goldman Sachs cut its growth forecast for China, amid concern of a cash crunch in the world’s second-largest economy. The German Ifo Business climate is the...

GBP/USD Open 1.5385 High 1.5532 Low 1.5345 Close 1.5413On Friday, the GBP/USD resumed decreasing with 165 pips. The Cable depreciated from 1.5532 to 1.5367 on Friday, in line with the negative money...

The U.S. Dollar traded significantly stronger against the majors as the chairman of the Federal Reserve, Ben Bernanke, indicated that the central bank may begin scaling back on monthly asset purchases...

EUR/USDTrading range: 1.3125 - 1.3050Trend: NeutralSell at 1.3111 SL 1.3143 TP 1.3061USD/JPYTrading range: 98.20 - 98.90Trend: NeutralBuy at 98.33 SL 98.01 TP 98.78GBP/USDTrading range: 1.5395 -...