Forex Opinion & Analysis

GBP/USD Open 1.4260 High 1.4321 Low 1.4189 Close 1.4257On Monday pound/dollar increased with 130 pips. The cable appreciated from 1.4189 to 1.4321 yesterday, in line with the positive money flow...

The eyes of the forex world shift across to the local scene here in Australia today, with the latest RBA rates decision the highlight on the economic calendar.While today’s decision isn’t...

In general the market tends to move en masse in the same direction – either dollar bullish or dollar bearish. Of course there are plenty of instances when currency pairs diverge but, following...

Key Highlights · Aussie dollar tumbled against the Japanese yen, and it looks like it may continue to face offers. · There was a bullish trend line formed on the 4-hour chart of the...

USD/JPY: The pair extended its weakness on Monday leaving lower towards its key support located at the 111.66 level. On the downside, support comes in at the 111.00 level where a break if seen will...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We have a very busy economic calendar this week filled with market-moving events that range from tier-1 economic reports, a...

We take a look at a potential technical entry for a sell on SGD/JPY (weekly chart) and discuss how trend-traders would typically take advantage of selling the retracement in this down-treding...

A mixed session for the USD, though one where we have seen the greenback eventually winning out. Aggressive cable buying from sub 1.4200 levels turnaround a steady rise in the ($) index, led by the...

With the monthly brouhaha of nonfarm payrolls now consigned to history, and as we start a new trading month, it’s time to revisit the dollar index chart, starting with the slower time frames to...

NZD/USD has posted slight losses on Monday, following excellent gains last week. In the North American session, the pair is trading at 0.6860. On the release front, it’s a quiet start to the...

New York Forex Report: The new week kicked off with a quiet session over the European morning as markets digest the moves seen into the back end of the week and now await the release of the March FOMC...

Instead of a gap between the pullback from the breakout and the old high, there was a little overlap. This is a Negative Gap, but it still can lead to a measured move up. The EUR/USD daily chart had a...

USD/CHF Open 0.9587 High 0.9616 Low 0.9563 Close 0.9577On Friday dollar/franc increased with 50 pips. The European currency appreciated from 0.9563 to 0.9616 last Friday, matching the positive money...

The Australian dollar has kicked off the week with sharp losses on Monday, as AUD/USD trades at 0.7630. In Australia, Building Approvals posted a gain of 3.1%, but Retail Sales disappointed with a...