Forex Opinion & Analysis

This morning's nonfarm payrolls report gave the Federal Reserve very little to worry about and while it may be tempting to attribute the rally in the EUR/USD to the market's satisfaction with the NFP...

EUR/USDBoth EUR/USD and GBP/USD failed to benefit from the resolution in the US which avoided the so-called fiscal cliff and settled lower last week after the minutes of the most recent FOMC meeting...

Currently we are at 72.46 after 5 waves to the top. However we have a bull flag that suggests a little more is left to the top. The target area is the R6 at 73.21. The average daily trading range...

The dollar continued to gain ground against all the major currencies in today's Asian and European trade in the wake of the surprisingly hawkish Fed minutes which suggested that the FOMC may curtail...

USD The dollar continued to rise on Friday after the FOMC minutes hinted that the Federal reserve might wind up its asset purchase programme earlier than expected – possibly even as early as...

Fundamental AnalysisEuro has picked more steam since yesterday sell of specially after Fed comments that they may be ending the bond purchase programme sooner than 2013. Fed’s comment has made...

The extreme low volatility of late last year has yielded in the first hours of the New Year to a roller coaster ride in volatility on the fiscal cliff “deal” and FOMC minutes. Cue the...

Fundamental AnalysisEuro has been hit hard agianst the dollar which is becoming stronger against basket of currencies and it has only fallen against the higher yielding currencies. The Euro has...

GBP/USD DetailsToday's open: 1.61051Highs And LowsHigh-1.61082Low-1.60572MACD DetailsValue: -0.003412MACD Signal Line: -0.003274ExpectationsWe get Three stars in Sell side. So the market is good for...

EUR/USD reversed sharply lower this week, and is already breaking through November's channel support line, which is the most important evidence for a temporary change in trend. We always need to...

The post-Fiscal Cliff postponement decline continued yesterday with currency pairs back to trading below levels seen pre-Christmas. EUR/USD has scythed lower towards 1.30 whilst GBP/USD is homing in...

The dollar hit is highest level in 2 ½ years against the Japanese yen to a high of 87.81, with Japan returning to the markets after a long Japanese New Year’s holiday.Gold prices fell and...

Autochartist has determined that the EUR/JPY has broken through the resistance line of a channel up chart pattern on the 240-minute chart. If downside momentum continues over the near-term,...

EquitiesAsian markets traded mixed on Thursday, despite upbeat economic data from China. The ASX 200 advanced .7% to 4741, lifted by miners, extending Wednesday’s 1.2% gain. The Hang Seng edged...