Forex Opinion & Analysis

The decline in EUR/USD yesterday was more gradual as compared to the immediate impact after Bernanke’s QE Taper talk on Wednesday. Price did manage to trade below 1.32 round figure support but...

The carnage in the markets triggered by Bernanke’s statements that the Fed’s asset-buying stimulus programme may come to an end mid-2014 should the U.S. data, particularly with regard to...

USD/JPY Open 97.07 High 98.29 Low 96.19 Close 97.15On Thursday Dollar/Yen continued increasing strongly with 210 pip range. The currency couple appreciated from 96.19 to 98.29 yesterday, matching the...

Here is a synopsis of what the Federal Reserve had to say at its much-anticipated meeting Wednesday afternoon:The Fed Is committed to maintaining its bond buyback program of $85 billion per month...

Thursday was characterized by a great deal of volatility, with the VIX Index spiked 24% to reach a new high for 2013 at 20.38. The market selloff continued for most asset classes. The S&P 500 and...

BIAS: It's early stages but I'm seeing evidence of a pullback higher - 0.9312-35 possibleResistance: 0.9226-32 0.9255-60 0.9284 0.9312Support: 0.9189 0.9162 0.9146 0.9114-32MAIN ANALYSIS: Losses...

GBP/USD Open 1.5513 High 1.5532 Low 1.5412 Close 1.5496On Thursday Pound/Dollar traded within 110 pip range. The Cable appreciated from 1.5412 to 1.5524 yesterday, in converse with the negative money...

The JPYs Bulls lost some steam as corrective moves dominated the late U.S. session. The JPYs bounced off support levels, and outlook remained Bullish.The CAD/JPY was in a triangle pattern, indicating...

The C-Dollar is attempting to complete a major chart top patternThe quarterly, monthly and weekly charts all display a possible 42-month H&S top in the Canadian Dollar (futures). It is often...

Thursday’s forecast went through a bit of a turmoil due to the huge moves the previous night. Three pairs behaved as predicted but others were slow to turn around to our blue zone. Looks like...

EUR/USDCurrent level - 1.3218The outlook remained negative after Thursday's low at 1.3160 and the bias is bearish, for a slide towards 1.3130 support before reversal of the downtrend from 1.3414....

Finally, someone is looking to ‘lean on the loonie’. This currency is only now trying to play catch up with its antipodean foes -the Aussie and the Kiwi. Both of those currencies of late...

GBP/USD (daily chart) has fallen further on marked dollar strength since the beginning of the week. This decline has brought the price down to key support around 1.5400, a major price level that has...

Dollar Extends Rally as S&P 500 Breaks Critical 1,600 SupportRisk aversion – which the dollar craves – showed a significant escalation this past session. While we have seen pressure in...