Forex Opinion & Analysis

EUR/USDTrading range: 1.3385 - 1.3285Trend: DownwardSell at 1.3374 SL 1.3406 TP 1.3297USD/JPYTrading range: 89.20 - 88.30Trend: DownwardSell at 89.09 SL 89.41 TP 88.37GBP/USDTrading range: 1.6095 -...

The euro began the week on a high Monday morning as investor confidence in the region seemed to be returning. The common currency traded at 1.3383 after encouraging words from German Finance Minister...

EUR/USD Open 1.3375 High 1.3404 Low 1.3330 Close 1.3376On Monday EUR/USD traded within 70 pip range. The European currency depreciated from 1.3404 to 1.3330 yesterday, not matching the positive money...

Market CommentaryThe US dollar traded mixed wherein it has traded weak against the euro and the aussie; it continued to appreciate against the Japanese yen and traded flat against the aable. The...

The weak Yen trend continued last week as USD/JPY broke the 89.00 handle for the first time since April 2011, whilst the Yen crosses including the EUR/JPY and AUD/JPY also broke out to fresh highs.Yen...

Cable closed the week slightly higher as global sentiment improved somewhat. Domestic activity was a non event as the Bank of England refrained from adding additional stimulus as previous efforts...

EUR/USD broke higher last week on the back of a an upbeat press conference following the ECB opting to hold steady with current monetary policy. ECB leader Mario Draghi cited positive contagion in the...

The Chairman of China Securities Regulatory Commission (similar to the US SEC) said that China can increase by 10-fold the size of the two main channels by which foreign investors buy mainland...

EUR/USD remains in uptrend from 1.2998, and the rise extends to as high as 1.3403. Further rise could be expected and next target would be at 1.3500 area. Support is at 1.3300, as long as this level...

USD: Bernanke Avoids Talking About Ending QEEUR: Risk Of Weaker Data And EUR/CHF RallyEUR/GBP: Highest Level Since December 2011CAD: Business Grow More Optimistic In Q4AUD: Shrugs Off Weaker Housing...

Quiet day in the markets, today, with no real data points to speak of.Main event of the day was Bernanke speaking in the U.S. after the New York close.That said, Bernanke is getting good at not...

USDThe dollar traded mixed on Monday, strengthening at first on increased safety flows following the release of worse-than-expected Industrial Production data from the euro zone, which continued to...

Greenback Mixed Ahead Of BernankeThe U.S. dollar was mixed against major counterparts overnight with losses against the commodity bloc and Euro offset by gains against the Swiss franc, sterling and...