Forex Opinion & Analysis

EUR/USDTrading range: 1.3495 - 1.3595Trend: UpwardBuy at 1.3507 SL 1.3475 TP 1.3584USD/JPYTrading range: 93.30 - 94.25Trend: UpwardBuy at 93.41 SL 93.09 TP 94.13GBP/USDTrading range: 1.5645 -...

Well that didn’t go as planned. The only market that followed its trend was AUD/USD. The rest remained locked in ranges. I’m now in a bit of a quandary or, to be more precise,...

One of the questions asked many times over the past couple of years is whether the AUD/USD spot is due to turn down? Many people have put money on the table on this particular trade over the past...

DAILY USD/KRW OUTLOOK - 1089.807 Feb 2013 02:32GMT... USD's intra-day rebound to 1091.3 signals further consolidation above Tue's 1083.3 low would continue and above 1091.5 would encourage further...

EUR/USD Open 1.3520 High 1.3597 Low 1.3492 Close 1.3519On Wednesday Euro/Dollar decreased with 105 pips. The European currency depreciated from 1.3597 to 1.3492 yesterday, not matching the positive...

USD/JPY remains in uptrend from 88.06 - the fall from 94.05 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the...

The GBP Could Get Pounded On ThursdayWill ECB Draghi Express Concerns About Euro?USD: Stocks Consolidating, Jobless Claims NextNZD: Unemployment Rate Drops But So Does Participation RateAUD: Retail...

Big data day tomorrow, which could definitely set the tone for some of the major pairs.In the morning we have UK Industrial production, Manufacturing and Trade Balance; following this we also have the...

USD The dollar strengthened against most counter-parts on Wednesday as markets became risk averse which stimulated demand for the greenback's safe-haven qualities. Against the euro it strengthened...