Forex Opinion & Analysis

The ECB Will Try To Regain The Trust of the MarketThe European Central Bank (ECB) will announce its minimum bid rate on Thursday, April 21 at 7:45 am EDT. There is no change expected as the central...

Last MeetingThe March ECB meeting was a pivotal affair which saw the central bank initiate a wave of new measures designed to combat low inflation in the Eurozone economy. Expectations were aligned...

It has sure been difficult to generate meaningful forecasts with the market appearing disjointed at times. The follow-through to an estimated target in EUR/USD failed completely, managing just a minor...

EUR/USDRisk reward: 1.87Volatility: AverageSell at 1.1310 SL 1.1342 TP 1.1250USD/JPYRisk reward: 2.16Volatility: HighBuy at 109.52 SL 109.20 TP 110.21 GBP/USDRisk reward: 2.47Volatility: HighSell at...

Oil prices extended their gains on Thursday, driving equities higher in Asian trading. A smaller-than-expected increase in US crude stocks lifted oil prices yesterday. Reports that Russia was prepared...

Yesterday’s Trading: On Wednesday, Tuesday’s maximum was shifted by three points and profit was fixed on long positions. Due to the strengthening of the dollar and a fall in the...

USD/JPYShort term Elliottwave structure suggests that dip to 107.73 ended wave X. Rally from there is unfolding as a double three structure where wave ((w)) flat ended at 109.48, wave ((x)) pullback...

The AUD has been relentlessly gathering momentum over the past few weeks and it doesn’t appear to be slowing. Whilst the EUR/AUD is currently battling with a particularly robust long-term...

Today's ECB meeting just seems to have a different feeling about it. It’s not just the normal expectations for the path of monetary policy from the central bank, but the complete lack of faith...

GBP/USD Open 1.4332 High 1.4410 Low 1.4319 Close 1.4328On Wednesday pound/dollar decreased with 80 pips. The cable depreciated from 1.4410 to 1.4327 yesterday, in converse with the positive money flow...

The Interest Rate Decision will be released in the Eurozone. Following up, The ECB governor Mario Draghi will hold a press conference. The general option of the market is that ECB will not launce new...

What exists in EUR/CHF is the severe misalignment between the current signal price V its noise. The current signal is located at exorbitant levels which means EUR/CHF must move from its present...

As a gauge to determine not only the health of currency markets but risk or non risk contexts. The perfect relationship is found in EUR/JPY, USD/JPY and EUR/USD because all are most widely traded...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors sold euros ahead of the European Central Bank’s monetary policy decision on the fear that Mario Draghi will...