Forex Opinion & Analysis

Not so much a risk-on day, but one which enjoyed some stability before both stocks and oil came off their highs; the US indices opening in the red. Asia and early London saw both WTI and Brent in the...

The EUR/USD has been in an 8-week tight trading range within a 10-month trading range. Although the 60-minute chart has rallied for about 15 hours, the rally is just a leg within the trading range,...

All good things eventually must come to an end, and after last week’s price action, USD/CAD bulls are wondering whether the seemingly never-ending gravy train of higher rates is finally done....

AUD/CHFCurrently we are at 0.7080 at the finish of corrective wave 4. We are looking to continue to the S5 Fibo Support at 0.6926 with a near term overall target near 0.6806. The average daily true...

USD/JPY - dynamic rebound from support after BoJ speechLast Wednesday there was another test of 116.40 level, but supply wasn't stopped and tried attack at 116.00. As a result USD/JPY reached to a...

A Federal Open Market Committee (FOMC) rate announcement would usually be the highlight of any week. But this go around, it’s looking to play second fiddle to the Bank of Japan (BoJ). The Fed is...

Trading Themes: Despite softer than expected December CPI data the US dollar advanced again last week as the policy divergence present between the US and other G10 economies was further endorsed as...

EUR/USDCurrent level - 1.0818 The overall outlook remains neutral above 1.0770 static support, with an intraday resistance at 1.0862. Crucial on the upside is...

The biggest story Friday was the sharp rise in the GBP/USD. After hitting a fresh five-year low at 1.4079 on Thursday, the currency pair rallied towards 1.4365 despite Friday's weaker-than expected...

Market Drivers January 25, 2016 Oil flips and risk currencies sink EZ Ifo misses forecasts Nikkei 0.90% Eurostoxx -0.33% Oil $31/bbl Gold $1103/oz Europe and AsiaAUD: NAB Business Confidence 3 vs....

The dollar rose against the other major currencies on Friday, as expectations for fresh central bank easing bolstered risk appetite, dampening safe haven demand for the yen and the Swiss franc.The...

USD/JPYUSD/JPY has edged lower touching our previous technical target for the recovery at 38.2% Fibonacci as seen on the provided daily chart. Trading between SMA20-green- and SMA50 –red-...

The EUR/USD has completed its first swing within the channel and on the intraday chart we can see a range with bearish bias. POC comes within 1.0850-60 zone (H4, EMA89, EQ channel top, previous...

This week the G10 FX Financial Scorecard recommends buying EUR, SEK and CHF while selling AUD, NZD and GBP.Last week's signals resulted in a 0.8% loss. In particular, the short AUD, NZD and CAD...