Forex Opinion & Analysis

EUR/USDTrading range: 1.2890 - 1.2790Trend: DownwardSell at 1.2880 SL 1.2912 TP 1.2803USD/JPYTrading range: 102.00 - 103.00Trend: UpwardBuy at 102.14 SL 101.82 TP 102.86GBP/USDTrading range: 1.5245 -...

The euro’s fall to six-week lows is likely to be welcomed by the European Central Bank (ECB), which has been trying to talk down the currency. Yet to really take the shine off the euro,...

Over the last 24 hours the GBP/USD has fallen lower again down below 1.52 and to levels not seen since early April. It appears to be consolidating a little around the support level at 1.52, which has...

The euro slid toward a six-week low before a report that will probably confirm inflation in the 17-nation region was the slowest in three years.The common currency completed a five-day drop yesterday,...

The Canadian dollar gained for the first time in five days versus its U.S. counterpart after American industrial production dropped in April by the most in eight months.The currency advanced against...

The AUD/USD has experienced its worst week in a long time which has seen it continue to move to new lows below 0.99, from highs above 1.0250, although in the last 24 hours it has settled a little and...

EUR/USDCurrent level - 1.2902The bias here remains negative, as the pair is heading towards 1.2850-60 support area. An eventual reversal around 1.2850 should initiate a rebound for 1.2940 resistance...

EUR/USD Open 1.2872 High 1.2943 Low 1.2842 Close 1.2878On Wednesday, the EUR/USD continued decreasing with 100 pips. The European currency depreciated from 1.2943 to 1.2842 yesterday, matching the...

This Great Graphic is a weekly bar chart of the euro on Bloomberg. It appears to be carving out a large head and shoulders pattern since last September. The neckline is being approached near $1.2750,...

Market Review - 15/05/2013 23:00GMT Euro tumbles on weak eurozone GDP data The single currency tumbled against the dollar on Wednesday after GDP data from Germany and eurozone came in...

Trading today was a little mixed.Poor Euro area GDP figures this morning resulted in a push lower in the Euro and in most risk on style currency pairs.The Pound suffered at the hands of King and...

Dollar Rally: What The Skeptics Are SayingEUR Extends Losses As GDP Data Confirms RecessionUSD/JPY Rally Hinges On Japanese DataGBP: BoE Upgrades GDP Forecasts, Cuts Inflation ForecastCAD Rebounds,...

There is plenty going on to impact sterling today, following a further overnight battering by the U.S. dollar that leaves GBP/USD below 1.5200. Given recent data, we expect the employment numbers to...

EUR/USDThe single currency fell against the greenback today after growth concerns sent sentiment toward the monetary union diving as the French economy re-entered recession and the German economy grew...