Forex Opinion & Analysis

We'll be getting the U.S. Core Retail Sales (and Retail Sales) figure on Thursday. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic Product); Core...

EUR/USDCurrent level - 1.2905The EUR/USD daily close below 1.29 is a signal of further decline. The downward movement is only corrective in nature, and it is expected to stop at levels between 1.2835...

The EUR/USD pair is trading sideways in a triangle pattern today. It may possibly break to the downside as triangles often precede the final wave in a trend, and a decisive break below 1.2876 would be...

Chinese trade data missed its mark badly printing at $19.63B surplus versus $26.85 expected as both imports and exports collapsed relative to expectations leading some investors to question the...

The dichotomy of fortunes between the Eurozone and the Far East was shown in sharp contrast over the weekend following a slew of strong data from China and the pantomime of Italian politics. Chinese...

News And EventsChinese data showed strength with November industrial output rising 10.1 percent over the same month in 2011 to its best level since March and Japan hit a seven month high trading as...

AUD/USD slid to $1.0480 after low domestic home-loan approvals and negative Chinese trade data.Last Thursday the pair has tested a two-month high at $1.0515, but failed to fix there. Offers clustered...

The U.S. dollar finished the week on a strong note against high-yield currencies following the release of surprising news showing a dropped in the Unemployment Rate from 7.9 to 7.7 percent, which was...

U.S. Dollar Trading (USD) The USD enjoyed solid gains on Friday after the November Nonfarm Payrolls came in much stronger than forecast. November NFP came in at 146k vs. 93k forecast and the...

BIAS: We now need a break below 0.9340-50 and 0.9326 to see losses extend to 0.9280-99 - but then care is required.Resistance: 0.9369 0.9382-86 0.9422 0.9448Support: 0.9340-50 0.9320-26 0.9299...

EUR/USDThe Dow Jones FXCM Dollar managed an impressive three-day rally through the end of this past trading week – the first such run since it peaked on November 16. While this return to 10,000...

GBP/JPY Daily OutlookDaily Pivots: (S1) 131.75; (P) 132.17; (R1) 132.67Intraday bias in GBP/JPY remains neutral for the moment and some consolidations would be seen below 132.93. Further rally would...

EUR/USDThe euro traded 0.2 percent from its lowest level in two weeks after Italy’s prime minister said he intends to resign, rekindling concern that a change in government will upend efforts to...