Forex Opinion & Analysis

The Swissie has been rallying strongly recently but the pair could be running out of momentum as it edges closer to the 0.9966 resistance level. Furthermore, a combination of stochastics, chart...

Inside the Minds of the RBA: Ex Reserve Bank of Australia governor Ian Macfarlane was in the Australian media overnight speaking about the direction global growth is headed and what effect that is...

I worked through several of the currency pairs yesterday – particularly EUR/USD and USD/CHF. Both suffered losses against the strong dollar. The EUR/USD support that I felt important broke but...

GBP/CHFOn May 3, 2016 we alerted traders to an opportunity on the GBP/CHF that we call “Pay Your Mortgage” for the month of May. The idea is to give traders a heads up on a big play that...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.At the start of Thursday's North American trading session, the U.S. dollar hit new highs against many of the major currencies....

EUR/GBP- With the cross selling off on Wednesday and following through on Thursday, further decline is expected. Resistance resides at the 0.7700 level where a violation if seen will turn risk towards...

EUR/USD continues falling. The US dollar was significantly supported by the FOMC minutes that were published yesterday. The minutes showed that at the last meeting the majority of the committee...

The Australian dollar remains under pressure, as the pair trades close to the 0.72 line in the North American session. On the release front, Australian Employment Change came in at 10.8 thousand,...

On USD/CHF we have seen a very strong turning point this month from 0.9442 where we see a low in place, which means pair completed wave 5) of an ending diagonal placed in wave C-circled which is fully...

When the US dollar index strengthened from a base level around 80 up to 100 it wreaked havoc on the earnings power or many companies. It quickly became the crutch as to why any company did not meet...

Fears of Brexit have diminished at least for the time being, as latest polls suggest that pro EU option leads by 10 % (55 % vs 45 %).Additionally, very good data for Average Earnings Index and...

Yesterday’s FOMC minutes indicate that the bank was in “if” mode, as in, if data supports a rate hike, U.S policy makers ‘could’ increase rates at the next meeting on...

Explosive levels of volatility rattled the financial markets during trading on Wednesday following the shockingly hawkish FOMC meeting minutes which renewed expectations over the Federal Reserve...

It is interesting to see how fast markets shift expectations from close to a zero percent chance of a rate hike in June, to above thirty percent in matter of days. Interest rates speculators have been...