Forex Opinion & Analysis

Dollar Returns to 1.3400 Versus Euro, USD/JPY Hits 31-Month HighOnce again, the dollar was advancing at the same time the benchmark S&P 500 equity index was placing a fresh five-year high. This is...

Technical Major CurrenciesEUR/USDThe pair rose yesterday stabilizing above 1.3360 levels failing the suggested bearish correction expectations. Meanwhile, the pair is trading below the last top...

GBP/JPY Daily OutlookDaily Pivots: (S1) 141.64; (P) 142.95; (R1) 145.03At this point, GBP/JPY is still stay in range below 144.80 temporary top and intraday bias remains neutral. In case of another...

Solid housing and employment data from US pushed S&P 500 to another 5 year high to close at 1480 overnight while DOW is heading closing to an important resistance level at 13661. Further fuel was...

EUR/USDTrading range: 1.3350 - 1.3455Trend: UpwardBuy at 1.3364 SL 1.3332 TP 1.3441USD/JPYTrading range: 89.70 - 90.65Trend: UpwardBuy at 89.81 SL 89.49 TP 90.53GBP/USDTrading range: 1.6010 -...

GBP/USD Open 1.5976 High 1.6040 Low 1.5954 Close 1.5989On Thursday GBP/USD continued decreasing with 85 pips. The cable depreciated from 1.6040 to 1.5954 yesterday, in line with the negative money...

EUR/USDThe euro approached a 10-month high against the dollar after Spain’s borrowing costs fell at a 4.5 billion-euro ($6 billion) sale of bonds, underscoring increased confidence in European...

In a EUR/USD update from the chart posted yesterday, entry was tricky (aka choppy) but ended up breaking higher. We need to see some stabilization in the pullback here otherwise we're looking at the...

A better than expected US Unemployment Claims figure gave the USD a temporary boost yesterday afternoon, before a disappointing manufacturing indicator resulted in the greenback reversing some of its...

USD/JPY – First Test or Failed Attempt at 90?Fate of AUD and all FX Hinges on China GDPNZD: Hit by Weak AU Employment NumbersCAD: Demand for C$ Securities SlowUSD: Uneven US Data will keep Fed...

I opened yesterday by observing that the markets seem to be universally strange at the moment. The week has seen the euro do very little and very slowly. The Swissie had a rush of blood to the head....

Barely any pullback thus far; as the chart below illustrates, it looks like the market for AUD/JPY found support at 92.87 after reaching a high of 94.50. Moreover, ATR is sharply increasing; it's now...

EUR/USD Open 1.3373 High 1.3392 Low 1.3269 Close 1.3371On Thursday EUR/USD increased with almost 120 pips. The European currency appreciated from 1.3269 to 1.3388 yesterday, matching the positive...