Forex Opinion & Analysis

EUR/USD has formed a cycle top at 1.3711 on the 4-hour chart. Range trading between 1.3430 and 1.3711 would likely be seen in a couple of days. Support is at 1.3430, as long as this level holds, the...

AUD: What To Expect From The RBANZD: Backs Off 11-Month HighUSD/CAD Struggles To RecoverGBP: Recovers Sharply Against The EURBeware Of A Steeper EUR/USD CorrectionUSD: Mixed Day, Quiet WeekJPY: Hits...

The most pronounced moves across currencies overnight came from the Euro, with a series of negative themes halting and reversing its recent ascent. Spanish Prime Minister Mariano Rajoy is back the...

USDThe dollar traded mixed on Monday as it strengthened against its main counterpart the euro but was in general weaker versus most other currencies. Commentary from the Fed was on the whole more...

CFTC Commitment of Traders (COT) Report, published January 29, 2013. Continuing last week's trend, the speculators aggregate position short position in the USD was again reduced. Last week, the...

For the first time in 10 trading days, the euro weakened against the U.S. dollar. While the sell-off in the EUR/USD was caused by political uncertainty in Spain, even without the calls for Spanish...

EUR/USDCurrent level - 1.3595A top has been set at 1.3710 and current intraday bias is negative below 1.3616 resistance. A clear break through 1.3585 support will signal a larger pullback to 1.3480...

Currently we are at 125.63 and in the middle of a corrective more after topping out at 127.00 We are looking for the correction to continue to the 0.214 Fibo and the former trend line top. And then...

Recap: A rough start to the month for us as extreme volatility and false breaks caught us on the wrong side of a couple pairs on Friday. For EU on Friday our short was triggered at 1.36 on the support...

The latest IMM data covers the week from 22 January to 29 January. LTRO repayment supports the euro: The latest IMM data covers the Friday when 278 European banks surprised the market and repaid...

Market Drivers, February 4, 2013:USD/JPY hits fresh highs at 93.00EUR/USD unwinds rally on concern over Spain corruption issueNikkei 0.62% Europe -0.79%Oil $96.90/bblGold $1665/oz.Europe and Asia:AUD:...