Forex Opinion & Analysis

GBP/USD Open 1.5128 High 1.5143 Low 1.5063 Close 1.5116On Friday, the GBP/USD increased by 80 pips. The Cable appreciated from 1.5063 to 1.5143 on Friday, in line with the positive money flow...

Market CommentaryAfter an eventful week resulting from speculation that the Fed may ease bond buying in future, volatile trading was witnessed across the asset classes resulting in the Dollar Index...

Friday’s forecasts was in the right direction for the most part, AUD/USD and NZD/USD did struggle with some anti correlation. Today I’m expecting the US Dollar to strengthen together with...

EUR/USDThe euro ended the day little changed against the dollar, as safe haven demand was bolstered by uncertainty whether the Federal Reserve will scale back its easing program this year. The euro...

The week is kicking off with some fresh Yen buying. It seems that the Japanese currency is currently correcting some of the huge losses it has experienced over the past months. The USD/JPY is...

CAD/JPY has been steadily falling in the last few days – in accordance with the following trade opportunity alert which I received last Wednesday for this currency pair. At the time this alert...

EUR/USDTrading range: 1.2905 - 1.2980Trend: NeutralBuy at 1.2918 SL 1.2886 TP 1.2968USD/JPYTrading range: 101.20 - 100.55Trend: NeutralSell at 101.08 SL 101.40 TP 100.6 GBP/USDTrading range: 1.5105 -...

The AUD/USD is facing an uphill battle trying to rally higher after it finished last week under 97 cents and appears to be placing a lot of selling pressure on the 96 cents level. Last week it enjoyed...

The Euro did well to finish last week by moving back up through the 1.29 level after experiencing a wild ride in that time by surging higher to the resistance level at 1.30 before falling sharply back...

The GBP/USD did well at the end of last week, reversing and recovering a little back above 1.51 after having fallen strongly to a new two month low close to 1.50 during the days prior. About a week...

EUR/USD Open 1.2937 High 1.2994 Low 1.2903 Close 1.2927On Friday, the EUR?USD increased by 90 pips. The European currency appreciated from 1.2903 to 1.2994 on Friday, matching the positive money flow...

Market Review - 25/05/2013 01:06GMT Yen gains broadly on risk aversion The greenback resumed its recent decline against the Japanese yen as Bank of Japan Governor Haruhiko Kuroda failed to calm...

The GBP/USD remains in downtrend from 1.5605. The rise from 1.5014 is treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart. As long as the...