Forex Opinion & Analysis

The pair is trading along a sideways trading pattern.An uptrend will start from support level 1.2975, which will be followed by moving up to resistance level 1.3070 - 1.3105.An downtrend will start as...

Dollar Eases Off Multi-Year High as S&P 500 Marches HigherThe dollar opened with some pep Monday – enough to post a fresh, intraday two-and-a-half year high – but the threshold for...

The yen is under renewed pressure in today's Asian session, and drops to new low against the dollar on the BoJ's easing expectations. BoJ deputy governor nominee Iwata said that it can achieve the 2%...

GBP/USD Open 1.4902 High 1.4945 Low 1.4864 Close 1.4914On Monday, the GBP/USD traded within 80 pip range. The Cable depreciated from 1.4945 to 1.4864 yesterday, in line with the negative money flow...

EUR/USDEuropean shares paused early on Monday as Italy's credit rating downgrade hit domestic banks, taking the shine off an equity rally which remains supported by unprecedented stimulus from...

EUR/USDTrading range: 1.3045 - 1.2970Trend: NeutralSell at 1.3033 SL 1.3065 TP 1.2983USD/JPYTrading range: 96.65 - 96.00Trend: NeutralSell at 96.55 SL 96.87 TP 96.10GBP/USDTrading range: 1.4915 -...

Market CommentaryAfter finding support at 81.90, the Dollar Index (DX) continued appreciating to trade at 82.90 ranges. Until it sustains above 81.90, DX is poised to test 83.40 and next 84.10 ranges,...

The Yen pairs have been behaving erratic to say the least!! Here is what we think about it:JPY outlookLong term trend remains Bullish for YEN pairs. Currently corrective moves are expectedwhich will...

EUR/USD - European SessionThe EUR/USD pair’s attempt to the upside yesterday was affected by key resistance level of the descending channel, as the pair remained below. We also find Linear...