Forex Opinion & Analysis

EUR: Improvement in German Trade Masks Underlying WeaknessGBP: Hit by Weaker Christmas SpendingAUD: Worst Trade Deficit in Nearly 5 YearsCAD: Gold Prices Up Nearly 1%NZD: Building Permits Fall...

Last Update At 09 January 2013 01:21GMT Trend Daily Chart SidewaysDaily Indicators Turning down21 HR EMA 1.606455 HR EMA 1.6078 Trend Hourly Chart DownHourly Indicators Falling13 HR RSI 4214 HR DMI...

After touching the lower line of the price channel on 4-hour chart, USD/JPY rebounds from 86.82, suggesting that a cycle bottom is being formed. Further rise could be expected, and next target would...

The Japanese yen is foreseen to weaken opposite the Australian dollar today as the freshly-elected Japanese government is expected to announce a fresh stimulus package as part of its efforts to boost...

The greenback dropped sharply against the yen on Tuesday as investors closed their long positions amid speculation that the Bank of Japan will ease its monetary policy in January. The single currency...

Another quiet day today.So much so that rumours of a French downgrade circulated before being squashed.Euro and the Pound took a tumble today on the rumour and on the slurry of poor economic data,...

As per the Theory of Universal Vibration, weekly trading range is 1.3140 - 1.29.

EUR/USDEven though the pair was supported overnight by the comments from Japanese finance minister Aso who said that Japan are to buy ESM bonds using foreign exchange reserves, the pair settled the...

Currently we are at 1.2904 and still in a bear flag which is bearish for the pair. We could still be early and see one more bounce to the upside before the breakdown. The target area down is the...

Aussie Trade Balance missesEU data mixedNikkei -0.86% Europe 0.04%Oil $93.41/bblGold $1653/oz.Europe and Asia:AUD: AiG Performance of Construction Index 38.8 vs. 37.0AUD: Trade Balance -2.64B vs....

The relative firmness of the Japanese yen is the main feature in the otherwise consolidative foreign exchange market. The larger capital markets are mostly calm. Asian equity markets were mostly...

The market has been selectively quiet in Europe, as investors wait for Q4 US earnings results to shepherd them, though to where is yet unknown. Investors continue to have concerns over the health of...

Time of analysis 9:00am CETThe first day of trading for EURUSD was quite successful. Although bulls didn’t manage to take advantage of the inverted head and shoulders formation, they managed to...

Time of analysis: 9:30 am CETUSDCAD, after creating a huge bearish gap and covering it again last Friday, has been staying in the side trend for the past two days. After investors managed to close the...