Forex Opinion & Analysis

The AU CPI figure today poses a strong risk for the AUD market as a negative surprise could drive AUD further into depreciation. Of course if the opposite is true, market will probably remain doubtful...

US FOMC Interest Rate decision today is the main focus of the week. With Fed now in a dilemma with sharp drop in crude prices immediately after a rate hike in December, today’s statement should...

RBNZ Interest Rates decision today is expected keep rates unchanged at the current 2.50%; considering the overwhelming pressure on commodities from recent slump in crude prices, RBNZ is likely to...

UK Prelim GDP is the most important of three GDP releases since it’s the most likely to surprise. With the market and BOE pretty much taken rate hikes off the table for 2016, a strong release...

CA GDP is expected to come in at 0.3%, and considering the recent sharp decline in CAD, I would only recommend a BUY if we get our tradable deviation…Here’s the forecast: 8:30am NY Time...

Because this is the first quarterly release for the forth quarter of 2015, we are likely to see plenty of market reaction especially considering Wednesday’s FOMC rate decision. If we get a...

Key Fundamental Forex Events for the Week of January 18th through January 22nd The following table lists the key economic data and other events that came out during the week of January 18th through...

Key Events This Week: January 25th – 29thTue: USD – Consumer Confidence Wed: AUD – CPI, NZD – RBNZ Rate Decision, USD – FOMC Rate Decision Thu: GBP – GDP 4Q, EUR...

The two Continental Europeans were the stronger performers on Friday as suggested. This looks set to continue but probably with less momentum compared to Friday. I remain with the view that this...

The Australian dollar is trending lower today on the back of lower prices and weak CPI figures due out early tomorrow.At 12.40pm (AEDT) the Aussie dollar was trading at US69.45c down from US69.54c in...

Gold: Having remained weak and continued to trade within its range, gold threatens additional downside pressure on bearishness. On the downside, support comes in at the 1090.00 level where a break...

EUR/USD: With EUR/USD closing lower the past week, bear risk builds up on 1.0710 level. On the downside, support is located at the 1.0710 level and if violated, expect more weakness to happen towards...

Yen Futures Failed at a Breakout Attempt Through the Red Inverse H&S Neckline and have Reentered the Orange Triangle After a Fake Breakout Yen futures failed at an upwards breakout attempt through...

Euro/yen has been ranging since the beginning of January, when looked at from a 4-Hours perspective. Volume-wise though, it has been very active, and understanding this activity is essential to know...