Forex Opinion & Analysis

No great surprises yesterday – well, perhaps minor ones – but putting that into the larger picture any weirdness is a mere trifle. The question for today is “will the market have any...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Don’t be mistaken by the mixed performance of Tuesday's U.S. dollar because dollar bulls remain in control. Dips in the...

Daily Market Analysis: 23 November 2016 OverviewUS Dollar The British pound was the worst performing main currency against the US dollar yesterday since it closed the day 0.5% lower than the...

This week has begun with the correction of dollar pairs. Today, financial news from USA and Canada, such as September Retail Sales in Canada, Redbook index, Existing Home Sales and other minor...

We are still waiting on the USD correction, but JPY still getting pressed, while market still gunning for 1.0500. Monday’s GBP ramp partially reversed.Once again, the market is left waiting for...

The 240-minute EUR/USD Forex chart has a sell climax down to a measured move target. It is also just above the December 2015 low. There is a 60% chance of a bear rally soon. It will probably last at...

A sharp turn up on DAX from 10020 area was clearly an impulsive price move, based on personality and structure which confirms a completed correction from August highs. If that's the case then market...

Currently we are 0.7387 after a nice abc correction. We are looking for a continuation move to the 0.7311 area and then possibly the trend bottom at 0.7269. The average daily true range (ATR) for the...

The Canadian dollar is showing limited movement in the Tuesday session, following sharp gains on Monday. Currently, USD/CAD is trading at the 1.34 line. On the release front, Canada will publish key...

Tuesday November 22: Five things the markets are talking aboutHopes that the Trump administration would usher in a pro-business, pro-growth environment continue to drive stocks and yield higher and...

We finally saw some corrections in both major currency pairs at the beginning of this holiday-shortened week as investors took profit on long dollar positions. While the euro rose only moderately to...

NZD/USD Daily The rate has broken the 2016 uptrend and the neckline of the head and shoulders pattern. It is now testing the former neckline support as the new resistance. I already took a small short...

Market Drivers November 22, 2016 Japanese earthquake causes little damage Dollar correction continues Nikkei 0.31% DAX 0.34% Oil $49/bbl Gold $1218/oz. Europe and AsiaGBP: UK PSNB 4.3B vs. 5.9B North...

AUD/USD Recovers On Higher Commodities Prices The Australian dollar edged higher on Tuesday as its U.S. counterpart consolidated after its recent rapid ascent, while gains in key commodity prices...