Forex Opinion & Analysis

Since July 24th the euro has been rising against the US dollar. This in the face of continued concerns about the situation in Spain and Greece, but propped by the dysfunctional environment in...

With general election on Sunday, this pattern will be trumped by politics.The 27-month H&S bottom will be resolved (one way or the other) by the election on Sunday.Disclosure: The information in...

The euro opened Friday morning at 1.3087, a strong start to the day after Thursday's finance ministers' meeting created renewed confidence in the crisis management effort in the region. The meeting...

The US dollar moved lower over the past week against the major currencies, with the notable exception of the Japanese yen. The greenback's technical tone has deteriorated. The euro and sterling appear...

EUR/USDCurrent level - 1.3070The 1.2880 support manages to restrict the bearish movement of the pair for the time being. The trough the resistance zone at 1.3020-40 opened the way for a test of...

While dollar was sold off broadly on Fed's easing extension last week and fiscal cliff deadlock, yen was even weaker ahead of election on Sunday. BoJ is widely expected to expand its easing program...

It is not often that we see the Yen move on Japanese fundamentals because but over the past month, Japan's currency has weakened significantly in anticipation of a major leadership change. In order to...

Currently we are at 0.8409 and have just stalled on the 0.382 Fibonacci level after printing a head and shoulders and then breaking out of the well-established up-trend. The target area is the former...

News & Events Japanese indices took strength and the Yen fell for a fourth day before elections during the weekend that polls showed will see Shinzo Abe lead the oppositions to power, his party...

USDJPY has neared the first critical resistance area, which lies just above 84.00 as Japan goes to the polls and looks to put the LDP back into power. Will the reality of the election justify the...