Forex Opinion & Analysis

EUR/USD Open 1.3385 High 1.3417 Low 1.3325 Close 1.3381On Tuesday, the EUR/USD increased by 90 pips. The European currency appreciated from 1.3325 to 1.3417 yesterday, matching the positive money flow...

EUR/USD – 4hr Engulfing Bar Post FOMC Meeting After signals from the Fed that it will probably start tapering soon, the USD gained massively, hammering the euro, Pound, and Aussie. The pair...

Contained by the resistance of the upper line of the price channel on 4-hour chart, the USD/CHF is pulling back from 0.9271, suggesting that the pair remains in downtrend from 0.9838. The rise from...

Market Review - 18/06/2013 22:24GMT Dollar rises against yen ahead of Fed rate decision The greenback strengthened against the Japanese yen on Tuesday ahead of the Federal Reserve's policy...

USD: FOMC Scenarios, Changes In U.S. EconomyEUR: Lifted By Stronger Investor ConfidenceGBP: Hit By EURGBP DemandAUD: Extends Losses On RBA MinutesCAD: Oil Prices Continue To RiseNZD: Current Account...

As the old saying goes, currencies make the world go around. Well, many gold traders and investor should take note that spot gold is trading inversely to the USD/JPY. When the USD/JPY chart declines,...

The price action in the FX market, today, is similar to what we saw at the beginning of last week. The U.S. dollar is trading strongly against high-beta currencies such as the GBP, AUD, NZD and CAD...

Currently we are at 0.6464 after breaking back into the old trend. Looking to continue down to the 0.786 Fibo (S7) at 0.9398. A break of that look for a double bottom at 0.9326. The average daily true...

The Aussie is back to its old losing ways, shedding more than a cent against the US dollar in Tuesday trading. AUD/USD is trading in the mid-94 level in the European session. The pair took a hit after...

The US dollar has taken it on the chin from the Japanese yen since late May, as USD/JPY has dropped sharply. However, this week the US dollar has recovered, and put together a modest rally. The pair...

As expected, we did not see any major moves yesterday as the market is on hold for Wednesday's FOMC report. The only action happened late in the evening, when the price suddenly jumped almost 40 pips...

For almost four weeks, the EUR/CHF has stayed in a channel-down formation restricted by the blue lines. For the past three days, buyers have been looking for an opportunity for a bullish breakout and...