Forex Opinion & Analysis

Wednesday was another relatively quiet day for the markets. Despite poor German IFO numbers, the euro remained well supported, rejecting the 1.2970 level and closing again above the 1.3000...

GBP: Will GDP Data Show Triple-Dip Recession?USD: Shrugs Off Weaker Durable GoodsEUR: Remarkably Resilient Despite Weak IFOAUD: CPI Growth Misses, Leaves RBA Room To EaseNZD: Best PerformerCAD:...

AUD/USD has been trading in the 1.01-1.06 range for close to 10 months. A break either way has to come eventually. Here we look at a few factors that could swing the currency pair to the downside in...

Here's a trade I put on yesterday that is currently in the money. Incidentally there are a couple trades I put on recently that I didn't get to post -- I will try to get them charted up and shared...

EUR/USD: The pair fluctuated around the 1.3000 level for the entire trading session in Europe on Wednesday. As we have been suggesting over the past few days, any poor European economic data will...

1.30 in EUR/USD and 100 in USD/JPY are proving to be rock solid support and resistance levels. While the euro is currently trading below 1.30, the sell-off has been unconvincing and the pair has...

EUR/USD EUR/USD tested the 50% retracement of this month's recovery at 1.2974, where a break below would indicate that there is scope for the pair to extend to move lower towards 1.2920, which is the...

Currently we are at 84.00 in an ascending wedge, which is bullish. We are looking for a break and then a continuation up to the resistance at 85.26 and then the R6 Resistance later at 86.64. We are...

Yesterday, our short CHF/NOK position was stopped out at 6.29 with a total loss of 1.78%.We utilise the recent EUR gain and take an early profit of 0.51% on our sold 3M 1.2400/1.2000 EUR/CHF put...

Economic indicators posted overnight reveal a slight downturn in growth for the two largest exporting economies, Germany and China. According to PMI figures, economic activity slowed for the first...

A false post on the Twitter account of the Associated Press that said that there had been explosions at the White House and that President Barak Obama had been injured caused the S&P 500 to plunge...

USD/JPY has been trying for some time now to break above the 100 level but with no luck. The first time it reached near 100, it pulled back below 96. The second time was yesterday as prices from 99.80...

On 9 Apr 13 we had bought EUR/CHF at 1.2197. EUR/CHF had a good rally and we decided to close this trade. Closed EUR/CHF at 1.2310, profit is 113 pips.

Market Drivers for April 24, 2013German IFO misses but euro recovers after initial diveAU CPI shows scope for rate cutsEurope up 0.52% Nikkei 1.05%Oil $89.75/bblGold $1424/oz.Europe and AsiaAUD: CPI...