Forex Opinion & Analysis

GBP/USD Open 1.6012 High 1.6076 Low 1.5991 Close 1.6019On Wednesday GBP/USD decreased with 85 pips. The cable depreciated from 1.6076 to 1.5991 yesterday, in line with the negative money flow...

EUR/USDThe euro may advance versus the yen to the strongest level in almost 21 months even as it approaches a key level of resistance, A move past that resistance level may result in appreciation to...

Yesterday's market went as per our forecasts including our hedged pairs. Today, I'm expecting the US dollar to swing and have mixed sentiments towards it. I'm adding several pairs as hedged currency...

Higher-yielding assets took losses throughout the European session yesterday, following a disappointing German Industrial Production figure that led to fresh concerns regarding the pace of the...

Here are a few more observations from yesterday's developments. The charts display the day's support and resistance from the daily report. Comments provide examples of integrating technical indicators...

Expectations that the European Central Bank would refrain from cutting borrowing rates from record lows today are deemed to buoy the euro alongside the Japanese yen today. Recent signs of...

Some points about the EUR/USDWeeklyLower lows and lower highs up until November where we had a technical higher low and just barely a higher high, but not higher than a more significant pivot (1.35)....

Precious metal prices have rallied over the last 24 hours, encouraged perhaps by talk of trillion-dollar platinum coins and various other ways of circumventing the US federal government’s...

The euro held steadily above $1.30 on Thursday morning as the European Central Bank began its first monthly meeting of the year. This meeting will focus on pulling the struggling region out of crisis...

The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most recent occurring on 2nd January this year. The two...

EUR: Draghi Comments Could Save or Sink the EuroGBP: No Action Expected from BoEAUD: Shrugs Off Weaker Retail, Waiting for Chinese TradeNZD: Trade Deficit Narrows on Stronger Exports and ImportsCAD:...

Last Update At 10 January 2013 00:08GMT Trend Daily Chart SidewaysDaily Indicators Turning down21 HR EMA 1.602955 HR EMA 1.6050 Trend Hourly Chart Near-term downHourly Indicators Oversold13 HR RSI...

The Japanese yen fell sharply against the dollar and euro on Wednesday as Japanese Prime Minister Shinzo Abe wanted the Bank of Japan to take sufficient monetary policy action to achieve a 2%...