Forex Opinion & Analysis

The euro reversed some of its recent gains throughout yesterday's trading session, as investors eagerly await the outcome of a European Central Bank (ECB) meeting later this week. Additionally, a...

GBP/JPY Yesterday in my weekly FX market commentary, I talked about the pin bar on the 4hr chart off the key role reversal level around 144.75 as being a critical support to look for potential longs....

AUD/USD has been trading in 240 pips range since October 2012 as a stable economy and signs of improvement in China offset the 0.50% rate cuts implemented by the RBA. With inflationary pressures...

A mixed day yesterday, happy with some moves, not so happy with others. The happiest were EUR/USD and USD/CHF. Yesterday provided just what the doctor ordered and towards the more extreme end of...

EUR/USDTrading range: 1.3505 - 1.3405Trend: DownwardSell at 1.3492 SL 1.3524 TP 1.3415USD/JPYTrading range: 92.55 - 91.65Trend: DownwardSell at 92.45 SL 92.77 TP 91.73GBP/USDTrading range: 1.5775 -...

Market CommentaryThe Dollar Index (DX) again finds resistance at 79.00 ranges since April, 2010, resulting in sell off in benchmark equity index of Dow Industrials (DJIA). Next leg of weakness in the...

EUR/USDCurrent level - 1.3513The sell-off from 1.3710 high is already over with today's low at 1.3460, so the intraday bias is bullish, targeting 1.3590 resistance area. While 1.3710 peak is intact,...

EUR/USD Open 1.3511 High 1.3661 Low 1.3480 Close 1.3509On Monday EUR/USD decreased with 160 pips on EU zone worries. The European currency depreciated from 1.3661 to 1.3497 yesterday, matching the...

Another extraordinary month for the USD/JPY, which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle and ending the week at 92.81, having...

With last week’s raft of economic releases now just a dim and distant memory the markets are consolidating and moving on as they await the next tranche of data.Friday’s price action for...

DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update at 5 Feb 2013 01:36 GMT Trend Daily Chart DownDaily Indicators Falling 21 HR EMA 1.5745 55 HR EMA 1.5756 Trend Hourly Chart Sideways Hourly...