Forex Opinion & Analysis

EUR/USD Daily forecast Main scenario:The pair is trading along a sideways trend between support 1.0890 and resistance 1.0940.An uptrend will start as soon, as the pair rises above resistance level...

Daily forecastMain scenario:The pair is trading along an sideways trend between support 1.4345 and resistance 1.4465.The uptrend may be expected to continue in case the market rises above resistance...

Even though the ADP employment data released yesterday was better than expectation, but expectation on Fed interest rate hike has collapsed as chief economist from Goldman Sachs (N:GS) believed it may...

US Dollar Dumped:A big night for Forex markets overnight, with some HUGE moves across the board in US Dollar pairs. The USD was dumped left, right and centre with most of the majors posting close to...

The origin of this move came from the 1.0539 low. From there we have seen a long, long… err… long sideways move over 3 weeks. After the break of 1.0960 on the 28th of January, I penned 2...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday saw a crushing day of losses for the U.S. dollar. The greenback shed more 1.7% -- and in many cases close to 2% -- of...

It was a disastrous day for the world’s reserve currency: the US Dollar Index is trading down by over 1.5% to a new 3-month low near 97.00 and the greenback is falling against every one of her...

According to Wikipedia, Hydrogen-7 is the radioactive isotope with the shortest half-life at about 21 yoctoseconds (10-24 seconds). Of course, nothing in financial markets moves quite that fast...

The turn in Fed sentiment really gathered pace today, highlighted by heavy USD losses vs JPY and EUR, but GBP also gaining on its own merits. M&A news saw CAD through 1.3900, but oil weakening...

The EUR/USD tested the top of the 2-month trading range in the European session in the past hour. It has pulled back with 30 minutes to go before the open of the NYSE. I have been writing every day...

Nice push up on EUR/USD, which is now already above 1.0960 swing high from Jan 28. This was wave D point that is now out so it's very important confirmation for even higher prices ahead. We are...

NZD/CAD - rebound after uptrend line testNZD/CAD looks very interesting. From September to December 2015, price moved in an uptrend. In the end of December, correction occurred which continues till...

GBP/CHFCurrently we are at 14.4758 in a rising wedge which is bearish for the pair. We are looking to continue to the R5 top at 1.4805 and then reverse to 1.4640. The average daily true range (ATR)...