Forex Opinion & Analysis

Range bound currency trading controlled the Asian session today as markets preferred to remain on the sidelines ahead of FOMC and BoJ meetings on Wednesday and Thursday. Currencies continued to take...

Stock markets gradually relinquished previous gains during trading last week following the noticeable exhaustion in rising oil prices and lingering concerns over the state of the global economy that...

Major currencies were steady in today’s Asian session as trading turned cautious ahead of the FOMC meeting on Wednesday and the Bank of Japan meeting on Thursday. The US dollar was mostly flat...

EUR/USDRisk reward: 1.59Volatility: AverageBuy at 1.1259 SL 1.1227 TP 1.1310USD/JPYRisk reward: 1.69Volatility: AverageSell at 111.08 SL 111.40 TP 110.54 GBP/USDRisk reward: 2.09Volatility: HighBuy at...

Yesterday’s Trading: On Monday the euro/dollar restored to 1.1279 (45th degree) due to a general weakening of the dollar. The euro strengthened against the USD despite it weakening against the...

Long GBP/USD, short USD/JPY and other trade ideas.

… which so far hasn’t got us very far… Sometimes I wonder how the market can utilize empty space with such maddening, meaningless meandering, yet maintaining an underlying...

The Federal Reserve (Fed) will hold the two-day FOMC monetary policy meeting on April 26-27. The Interest Rate Decision will be released then. So far the market generally agree that they will keep the...

Key Highlights · British pound climbed higher vs the US dollar during the past few days and looks set for more strength. · There is a bullish trend line formed on the hourly chart of...

New Zealand GDP in Q4 was up 0.9% but in monthly average terms, GDP trades under each accurately predictable and specially designed averages dating to Q1 1990. The big number to cross is the 3 year...

GBP/USD: Having GBP/USD lost upside momentum on Monday, we envisage a move lower in the days ahead. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The primary focus this week is FOMC and its impact on the U.S. dollar. But with no major U.S. economic reports released on...

Is the US dollar in a new bull market or is it about to crash? Opinions seem divided on this issue and mine is a mixture of both depending which time frame is used.Let’s begin with the...

AUD/USD. The pair continues to hold on to its corrective pullback bias despite its present price hesitation. Except it returns above the 0.7834 level, we see further correction occurring. On the...