Forex Opinion & Analysis

Last week’s currency trading review The USD/JPY opened the week above Y88 with Yen on the backfoot with heavy interference from the newly elected Government is expected in 2013. PM Abe wants the...

The US dollar needs a definable, drive in sentiment to jumpstart its own trend. Otherwise, the safe haven currency will continue to slowly retrace its post-Fiscal Cliff resolution rally. That was the...

Technical Major CurrenciesEUR/USDThe pair rose yesterday stabilizing above 38.2% correction failing with that our previous expectations. Stochastic offers overbought signals, but at the same time we...

GBP/USD Open 1.6119 High 1.6130 Low 1.6020 Close 1.6113On Monday GBP/USD increased with 110 pips. The cable appreciated from 1.6020 to 1.6130 yesterday, in converse with the negative money flow...

GBP/JPY Daily OutlookDaily Pivots: (S1) 140.61; (P) 141.33; (R1) 142.18Intraday bias in GBP/JPY remains neutral for the moment and some more consolidations could be seen. But recent rally should...

The euro rebounded broadly overnight on building expectations that ECB would keep the policy rate unchanged at 0.75% this week. According to a Reuters poll, 67 out of 73 surveyed economists are...

EUR/USDThe euro rose for a second day against the dollar, reversing earlier losses, after failing to drop below its 50-day moving average. The 17-nation currency advanced from almost a three-week low...

Speculations that the European Central Bank (ECB) is considering cutting eurozone interest rates in the near future turned the EUR/USD moderately bearish during mid-day trading yesterday. A lack of...

Last Update At08 January 2013 02:05GMT Trend Daily ChartSideways Daily Indicators Turning up21 HR EMA 0.923155 HR EMA 0.9239 Trend Hourly ChartUpHourly Indicators Falling13 HR RSI 3814 HR DMI -ve...