Forex Opinion & Analysis

Key Points: Approaching strong historical zone of resistance. The pair has moved into overbought territory. 100 EMA making its influence patent. For those looking to sidestep some of the turmoil of...

Recent history has once again repeated itself, and by this I mean that investors were caught completely off guard by not pricing in the reasonable possibility that Donald Trump could become the...

Trading recommendationsSell ​​in the market. Stop-Loss 0.7340. Take-Profit 0.7275, 0.7240, 0.7100, 0.7075, 0.6975, 0.6930, 0.6900 Buy Stop 0.7340. Stop-Loss 0.7290. Take-Profit 0.7380,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It’s Election Day here in the U.S. and in a few hours we’ll know who becomes the 45th President of the United...

Last week, the euro strengthened against the US dollar to a new high since October 11. The instrument has been growing amid USD weakness, demand for which has been decreasing into the US presidential...

Let’s take a look back at AUD/USD and the current state of play in the pair.Now if you’re a reader of this blog, you’d know our long-term bias toward Aussie longs into the still...

The EUR/USD 60-minute chart pulled back yesterday after testing the September trading range low. Because the 9 day rally was strong enough to remain in a micro channel, the odds are that the bulls...

A largely rangebound session, but one where we some of the risk related pairings pushing higher in the anticipation of a Clinton victory. Since the FBI vindicated Mrs Clinton in the email scandal,...

USD/CNY and US elections The US and China are the two major powers in today's world. Without any exaggeration, we might say that nothing gets done without close cooperation between the two nations...

The US Dollar Index started a run higher in July 2014. After peaking just over 100 in March 2015, it settled into a holding pattern 8 months later. Since then it has bounced between 93 and 100 for...

This week will be an interesting week in the markets and probably one of the most volatile weeks of the year. Gold has risen over 20 percent in the run up to the US Presidential elections which is...

GBP/USD fell sharply to the downside a few weeks back, which we see it as wave V that touched lower trendline of a wedge pattern, known also as a diagonal triangle. If we are correct, then market may...

Currently we are 80.73. If we can break this resistance, we are looking for an move to the day top at 81.53. USA election will most likely curtail all moves today. The average daily true range (ATR)...

It's Election Day in the U.S. and no other event matters financial markets more than this historical presidential election. The U.S. dollar slightly strengthened amid speculation that a Clinton win is...