Forex Opinion & Analysis

The latest Survey of Professional Forecasters done quarterly by Central Bank Monetary Authority of Singapore (MAS) showed that analysts expect a growth of only 2.3% for GDP in 2013, slightly lower...

The yen dropped against its 16 major peers as traders speculated yesterday’s advance versus the dollar, the biggest in three years, was too rapid given expectations for further stimulus from the...

Currently we are at 0.9533 at the top of the trend. IF, IF we breakout look for a continuation up to the R5 resistance at 0.96710. A failure to break and look for the 0.786 Fibo at 0.9426. The current...

EUR/USD - European SessionThe pair achieved more gains and moved to the upside. benefiting from stability above 1.3225 as we think the bullish move might extend. Upside targets reside areas around...

The USD/JPY pair bounced from its support zone on a 30 minute frame. The price has broken the upward channel (shown in orange lines), which represents weakness for the price action. The pair is also...

Bull CaseThe GBP/USD pair completed its ascending triangle pattern (shown by orange lines) on a 30 minute. This was mentioned in yesterday's daily analysis. The price is trading well above the 50-and...

EURUSD is well above 1.3300 and AUDUSD may finally be starting a significant correction sequence as we search out explanation for the greenback’s weakness outside of the recent USDJPY...

With the integration of financial markets the world of finance has moved into a state with relatively easy capital flows that are fungible. Monetary stimuli in the form of quantitative easing have...

EUR/USDEuropean government bonds fell, pushing up borrowing costs for all euro-area sovereigns, as the Bank of Japan’s decision to leave monetary policy unchanged damped speculation central...

Asian markets are trading lower after the yen spiked overnight, joining a global selloff in equities and commodities. The German constitutional court ruling and industrial production in Europe are the...

GBP/USD continues to rise after the recent breakout of the daily Triangle chart pattern identified by Autochartist – as you can see from the following trade opportunity alert for this currency...

The U.S. Dollar declined against the majority of its trading peers as investors shied away from the currency amid uncertainty over whether the Federal Reserve will cut back on monthly asset purchases....

Market Movers for June 12, 2013Aussie takes out 9500 on better Westpack numbersUK labor data improvesNikkei -.21% Europe .14%Oil $95.50/bblGold $1376/oz.Europe and AsiaAUD: Westpac Consumer Confidence...