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Forex Opinion & Analysis

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ZIFX.com
EUR/USD Renews Downtrend, Reaching 1.28 By ZIFX.com - May 20, 2013

EUR/USD Open 1.2827 High 1.2889 Low 1.2795 Close 1.2836On Friday Euro/Dollar decreased with 90 pips. The European currency appreciated from 1.2889 to 1.2795 on Friday, matching the negative money flow...

Stuart McPhee
AUD/USD Finds Some Comfort At 0.97 By Stuart McPhee - May 20, 2013

The AUD/USD is presently trying to rally a little and move back towards 0.98, after having recently bounced off the short term support level at 97 cents late last week. It has experienced its worst...

Tim Knight
Kiwi Flashback To 2008 By Tim Knight - May 20, 2013

I’ll just leave this simple chart here for your consideration – - the NZD/USD recently broken a long-lived ascending trendline. It did exactly the same thing in early July 2008, a few...

Franco Shao
USD/CAD Broke Above Channel Resistance By Franco Shao - May 19, 2013

USD/CAD broke above the upper line of the price channel on 4-hour chart, suggesting that the downward movement from 1.0341 (March 1 high) had completed at 1.0013 already. Further rise to test 1.0341...

All Things Forex
Top 10 Forex Events Outlook: May 20-24 By All Things Forex - May 19, 2013

May 19, 2013 (Allthingsforex.com) – With the Bank of Japan’s announcement and the minutes of the Fed’s May meeting on the agenda, the week ahead will offer further insight into the...

Marc Chandler
Strong Finish To Week For US Dollar By Marc Chandler - May 19, 2013

The US dollar is capping this week's strong performance with new gains and the Dollar Index is at new highs for the year. It was the dollar-bloc currencies that had the dubious honor of being the...

Marc Chandler
Currency Outlook: Dollar Bull Run By Marc Chandler - May 19, 2013 1

The US dollar posted strong across-the-board gains this past week. It is being driven by the anticipation of favorable developments in the US, in the form of a possible slowing of the Fed's asset...

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