Forex Opinion & Analysis

EUR/USDTrading range: 1.3075 - 1.3180Trend: UpwardBuy at 1.3089 SL 1.3057 TP 1.3166USD/JPYTrading range: 98.10 - 97.45Trend: NeutralSell at 97.99 SL 98.31 TP 97.54GBP/USDTrading range: 1.5470 -...

The chart below illustrates the entry point, stop, and target profit. The entry candle is highlighted; however, I put in an entry order to go long at 96 -- i.e. near the bottom of that wick -- when we...

And the market decided Dollar bearish…There’s no real rabid hate of the Dollar by the look of things but certainly a weakness that has maintained a modest bearish momentum and no real...

April 29, 2013 – GBP/USD (daily chart) has attempted to continue its upside recovery from late last week, when price broke out cleanly above key resistance in the 1.5400 price region. This...

Market CommentaryThe Dollar Index (DX) is trading at 82.26 ranges, near the support of 81.80 of the medium term trend range bound between 83.40 and 81.80 formed over the last couple of months; bias is...

(from my colleague, Dr. Win Thin)China official manufacturing PMI will be reported Wednesday, and is expected to drop to 50.7 from 50.9. HSBC final manufacturing PMI will be reported Thursday, and is...

Market Review - 29/04/2013 23:04GMT Euro rises on formation of Italian government The single currency rose against the greenback on Monday after Italy finally formed a government over the weekend,...

Today we saw a relatively quiet trading day with the main highlight the Italian Political situation over the weekend being resolved and pushing market slightly higher all day. Some interesting...

The bad news, part of the bad news anyway, is that the iShares MSCI South Korea Capped Index Fund (EWY) is down 12.5 percent year-to-date. That makes EWY, one of the largest country-specific emerging...

EUR/USDThe risk-on sentiment that has been evident across the board was largely driven by the developments in Italy over the weekend, where lawmakers finally agreed on the formation of government. So...

This action-packed week in the forex market may have started off slowly for the EUR/USD and USD/JPY with Chinese and Japanese markets closed overnight but rest assured, volatility should increase as...

Currently we are at 1.0343 and the long awaited breakout has occurred . We are looking for a small retracement at the R3 at 1.0366 then a continuation up to the resistance at 1.0460. The pullback may...