Forex Opinion & Analysis

GBP/USD has extended higher in the last two weeks after its broken trend-line connected from above 1.6300. As such, we labeled its recent big fall as a completed five wave fall in wave I, followed by...

GBP/USD Open 1.5227 High 1.5369 Low 1.5202 Close 1.5228On Friday Pound/Dollar decreased with 145 pips. The Cable depreciated from 1.5369 to 1.5222 on Friday, in line with the negative money flow...

EUR/USDThe euro rose versus the greenback before Giorgio Napolitano is sworn in to a second term as Italian president. In Italy, Napolitano could begin consultations on a new government as soon as...

EUR/USD - Weekly ReportThe pair fluctuated sharply last week pushing the pair to trade again below resistance level 1.3115. But we find the pair stable above 23.6% correction at 1.2970, as Linear...

EUR/USDEUR/USD could stand to benefit this week from the news that the Italian President Napolitano has ended uncertainty by confirming he will stay on in the broadly ceremonial - albeit still...

EUR/USDTrading range: 1.3090 - 1.3015Trend: NeutralSell at 1.3077 SL 1.3109 TP 1.3027USD/JPYTrading range: 99.45 - 100.15Trend: NeutralBuy at 99.58 SL 99.26 TP 100.03GBP/USDTrading range: 1.5250 -...

EUR/AUD is retracing off strong support and testing strong resistance, further supported by 50% fib resulting in Head and Shoulder pattern. Current price action in this price zone provides a High...

USD/JPY weakened in early week trade as investors reacted to the ‘terrorist’ attack on the Boston Marathon and China's disappointing data. The pair briefly tested below the 95.81 key...

Cable saw heightened volatility last week but was unable to trade higher or lower with any real conviction. The Pound ended the week lower as Fitch became the 2nd ratings agency to strip the U.K of...

Last week we said AUD/USD was in an interesting position whereby positive data would propel the pair to the upper resistance of the longer term range, alternatively poor data would see a quick unwind...