Forex Opinion & Analysis

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...

As of this writing (I have to say that, in case the powers that be decide to do something), the markets are down, aided in small part by the euro doing something it hasn't done in eight months:...

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,...

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...

Market Review - 04/02/2013 19:08 GMTEuro tumbles on Monday amid political turmoil The single currency tumbled against dollar and yen on Monday amid political turmoil as Spanish Prime Minister Mariano...

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...