Forex Opinion & Analysis

EUR/USDTrading range: 1.3410 - 1.3310Trend: DownwardSell at 1.3400 SL 1.3432 TP 1.3323USD/JPYTrading range: 89.75 - 88.85Trend: DownwardSell at 89.64 SL 89.96 TP 88.92GBP/USDTrading range: 1.6165 -...

How did the dollar perform this past week? That is a straightforward question, but answers will vary depending on who is analyzing the currency. To many, the greenback tumbled this past week. Indeed,...

EUR/JPY Daily OutlookDaily Pivots: (S1) 117.94; (P) 118.64; (R1) 119.66EUR/JPY's rally accelerated further to as high as 120.10 so far today and intraday bias remains on the upside. Current rally from...

The yen's sell-off continues as the week starts in response to Japanese prime minister Abe's comment. Abe said on Sunday that it's import for the joint statement between the government and BoJ to...

The euro saw bullish movement against most of its main currency rivals on Friday, as investor confidence in the EU economic recovery remained high after the European Central Bank left interest rates...

The British pound is foreseen to weaken opposite the euro today as sluggish industrial performance and shrinking manufacturing output have intensified fears of a triple-dip recession. Seemingly...

EUR/USD Keeping with the general daily uptrend, there is a moment of truth coming up for the euro bulls. After clearing the recent resistance and pin bar high at 1.3300, the pair is heading into two...

The holiday season was quite eventful, with the U.S. avoiding its fiscal cliff with an eleventh-hour agreement. Following months of conflict, Republicans and Democrats finally agreed to delay budget...

Risk-taking was back with a vengeance in the last couple of weeks of 2012 buoyed not just by improving US economic data, but also by the Fed’s decision to expand monetary policy stimulus,...

After posting gains in early January, profit taking exerted downward pressure on markets at the beginning of this week. Fourth quarter results will begin to be released today, with Alcoa scheduled to...