Forex Opinion & Analysis

Market Review - 10/06/2013 22:27GMT Dollar rises against yen after S&P upgraded U.S. credit outlook The greenback strengthened against the Japanese yen on Monday after ratings agency S&P...

The GBP/USD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.5683 could be treated as consolidation of the uptrend from 1.5008,...

Does S&P Upgrade Matter To The Dollar?JPY: What To Expect From The BoJEUR Extends Gains, Encouraging Comments From DraghiAUD Hits Fresh Lows -- Still No Bottom In SightCAD: Housing Starts See...

Very quiet markets today, very much consolidated after last week's moves and the spike at open in some pairs due to the poor Chinese data.Some weaker than expected Italian figures didn't seem to play...

If you go back in time and read comments from two-to-three weeks ago, I called for deprecation in the dollar and the market delivered. I bring this up because the move happened a lot quicker than I...

AUD/USD on the daily chart has tentatively paused in its free fall of the past month around major support in the 0.9400 price region.19-Month LowThis swift decline to key support has just established...

After a week of some truly violent moves in the Japanese Yen, forex markets seem likely to slow down in the week ahead. How might we trade such a slowdown? DailyFX PLUS System Trading...

EUR/USDEUR/USD traded steady for much of the session, as did its major counterpart GBP/USD, as market participants chose to sit on the sidelines ahead of the German Federal Constitutional Court (FCC)...

Currently we are at 0.9447. We are looking to fill the gap but AUD/USD only fills them 72.9% of the time by day 2 especially for a bearish gap. If it fills or does not we are looking for a...

We are closing down our 1M AUD/USD seagull ahead of expiry for a 3.02% loss (spot reference 0.9435). Downside momentum in the cross has proved stronger than we envisaged. Australian data deteriorated...

The US dollar has rebounded after sustaining sharp losses last week against the yen. USD/JPY is trading in the high-98 range in Monday’s European session. The dollar has managed to post gains...

This week, the scorecard recommends buying EUR, SEK and USD while selling JPY, AUD and NOK.All input factors besides FX currently favour a long EUR position, and the scorecard recommends buying EUR...

Chinese Inflation and Industrial Production figures for May were announced Monday night, and proved slightly disappointing. In contrast, Japan saw a leap of 4.1% in its annualized GDP for the first...