Forex Opinion & Analysis

Are the days of austerity numbered? Jose Manuel Barroso yesterday remarked that the euro zone could be at the ‘limit’ of its commitment to austerity given the lack of popular support for...

Asian indices fall and Yen gains as China PMI data expanded less than economists estimated. Flash manufacturing purchasing manager’s index fell to a two-month low of 50.5 against forecast of...

GBP/USD recently broke the support trendline of the 4-hour Triangle chart pattern identified by Autochartist – as is shown on the following trade opportunity alert for this currency pair. The...

USD/JPY Open 99.32 High 99.89 Low 98.51 Close 99.20On Monday Dollar/Yen decreased with 95 pips. The currency couple depreciated from 99.89 to 98.96 yesterday, not matching the positive money flow...

The U.S. Dollar retreated against the Yen and traded mixed against the majority of its most traded peers after economic reports showed an unexpected decline in U.S. Existing Home Sales. According to...

Dollar Shies Away from 1.3000 Against Euro, 100 Versus YenThe edge of the market’s angst last week was dulled Monday – helping risk trends stabilize for a mild bounce from US equities and...

EUR/USD - European SessionThe EUR/USD pair dropped yesterday, and is trading below Linear Regression Indicator 34. Stability above 1.2970 levels maintains possible positivity again, as trading above...

The recent risk-off market environment has pushed the AUD/USD down from the top of the long-term range around 1.0600 towards the bottom. Another test of the 1.0200 major psychological level could be...

USDThe dollar still seems to be benefiting from safe-haven flows lately, although its rallies have subsided somewhat. After all, some traders are still wary of weak economic data from the U.S., which...