Forex Opinion & Analysis

These markets are strange at the moment. While there are some correlated moments, the overall impression I get is a bag of mixed nuts. Some are big, some are small and others just lie around because...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are finally beginning to see some two-way action in currencies. Investors are no longer buying dollars against everything...

The U.S. dollar has climbed 3.3% vs. the yen since last Tuesday's multi-month low at 105.50 -- off of the June 2015 multi-year high at 125.85.While the USD's up-move (down-move in yen) appears...

A largely uneventful day in FX, but with the risk tide on the positive side.The JPY was on the back foot across the board, though USD/JPY topped out well ahead of 110.00 despite a heavy Wall Street...

USD/JPY is still in the uptrend from recent lows. Because of five visible sub-waves in the blue wave three, we believe that price will make a minimum three wave setback in blue wave four position,...

The DX has Retraced to its Price Channel Top After Its Critical Decision Wave — That Confirms It’s Bottoming The Dollar Index has retraced to its price channel top after its critical...

The 60 minute has measured move projections not far below. There might be buyers there. The weekly chart of the EUR/USD has a wedge top, which will probably be followed by a could legs down. Last week...

GBP/USDCurrently we are at 1.4447 and attempting a break out of the down channel. We are looking to continue to the 0.382 Fibo at 1.4524 and with a further target this week to the 1.4617 area. The...

Yesterday's price development has proved to be unsuccessful for breakout traders as both major currency pairs traded sideways without any sign of a clear trend. The euro marked a short-term support at...

Market BriefPolitical risk rise in EM Risk appetite came solidly back in the Asian session after a choppy US equity session. The positive sentiment was supported by Chicago Fed President Evans whose...

The Australian dollar has posted gains on Tuesday, after losing ground in the Monday session. AUD/USD is trading at 0.7340 in the European session. On the release front, we’ll get another look...

EUR/USD: With EUR/USD continuing to weaken extending its downside pressure on Monday, further decline is envisaged. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level...

Yet another test to EUR/USD symmetrical triangle resistance Inverse head and shoulders pattern break on GBP/NZD Head and shoulders within head and shoulders on EUR/GBP Original Post

GoldGold price confirmed to break 1268.70 level after it closed the daily candlestick below this level, to activate the negative effect of the double top pattern that appears in the image. As we...