Forex Opinion & Analysis

The latest CFTC Commitment of Traders report covers the five sessions through January 26, the day before the FOMC concluded its two-day meeting and three days before the BOJ's announcement....

NZD/USD: The pair closed flat the past week leaving risk of a move lower on the cards. As long as the 0.6542/58 zone continues to hold as resistance, the pair looks to weaken. This is consistent wit...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.0827 and ranging. I have posted the inset of the USDX which is potentially close to topping out so we are setting up for an...

DEM/USD exchange rate on January 1999 was 0.5583 while USD/DEM was 1.7910. Today EUR/USD closed 1.0828 while USD/EUR closed at 0.9235. Pre Euro, DEM/USD traded below USD while EUR/USD trades above...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Thanks to the Bank of Japan, we’ve had a very exciting end to the first trading month of the year. 2016 started and ended...

USD/CAD - ABC correction may be already finished Since January 20 USD/CAD corrects its earlier long uptrend. Declines are already 700 pips and price reached important level. Support at 1.3970 is...

EUR/USD has reversed directions on Friday and posted slight losses. In the European session, the pair is trading at the 1.09 line. On the release front, it’s an unusually busy day, so we could...

The Japanese yen is down sharply on Friday, dropping close to 200 points against the US dollar. In the European session, the pair is trading slightly below the 121 line. On the release front, the BOJ...

USD/JPYUSD/JPY has soared with the BOJ decision, trading around 61.8% Fibonacci at 120.65 of the last downside wave from 123.55 to 116.00 as seen on the provided daily chart. A break above SMA50 at...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.12; (P) 170.13; (R1) 171.60; The rebound from 163.96 extends higher today and breached 38.2% retracement of 188.79 to 163.96 at 173.44. The rebound is...

USD/JPY - sharply up, due to Bank of Japan interest rates cutPrevious analysis, in which I indicated possibility of further BoJ policy easing and USD/JPY gains, was very profitable. I wrote: "USD/JPY...

London Forex Report: BoJ Surprise Markets With Negative RatesLondon Forex Report: BoJ surprises markets overnight, by introducing further easing measures, adopting negative interest rates, IOER -0.1%,...

Yesterday the pair strengthened amid poor macroeconomic data from the US. Durable Goods Orders fell by 5.1% that was significantly worse than predictions by economists who expected a decline by 0.6%....

The Bank Of Japan has surprised the markets again by pushing the interest rates in the negative territory for the very first time. It was widely expected that we will get some sort of stimulus package...