Forex Opinion & Analysis

NZD/CAD recently reversed down sharply from the top of the up channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this chart...

The EUR/USD consolidated losses within 1.0736/1.0771 in Asia. Trend and momentum indicators remain comfortably negative for a successful re-test of 1.0710 (Jan 4th low), before extending the downtrend...

Daily Forex Market Preview, 15/11/2016The US dollar continued to chug along higher yesterday with the December futures contracts posting a 52-week high at 100.24. The dollar index is familiar with the...

The financial markets’ reaction to Trump’s victory seems to be abating early Tuesday with the dollar index retreating for the first time in six days after approaching its highest levels in...

Is it time to look at short-term contrarian positions and do the opposite of what feels right? This would involve fading the USD move and buying longer maturity fixed income instruments, which also...

For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3542. In the Asian session, at GMT0400, the pair is trading at 1.3534, with the USD trading 0.06% lower against...

For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CHF and closed at 0.9966. In economic news, Switzerland’s producer and import price index rose by 0.1% on a monthly basis in...

For the 24 hours to 23:00 GMT, the GBP declined 0.52% against the USD and closed at 1.2501. In the Asian session, at GMT0400, the pair is trading at 1.2485, with the GBP trading 0.13% lower against...

GBP/JPY Daily OutlookDaily Pivots: (S1) 134.51; (P) 135.06; (R1) 136.02; With 130.23 minor support intact, further rise is still expected in GBP/JPY. As noted before, bullish convergence condition in...

For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.0744. In economic data, the Euro-zone’s seasonally adjusted industrial production dropped...

Dollar trades mildly lower as recent rally is taking a breath. But the greenback stays generally firm as supported by Fed hike expectations. Fed fund futures are pricing in 85.8% chance of a December...

The primary sentiment driver for USD is the bond markets as selling continues across Global Capital Markets. The yield on 10-Year Treasuries has increased above to 2.20% as pricing for a December FOMC...

The rout in EM’s continued into this week, suggesting that the negative reactions last week may have been more than reflexive recoiling to whatever catalyst. The media is struggling to figure it...