Forex Opinion & Analysis

Yesterday was partly successful, partly neutral and partly confusing. When looking at the individual pairs, I also note the potential correlation and how these all need to relate to each other, which...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.EUR/USD raced to a high of 1.1493 Thursday, just a few pips shy of 1.15 before falling sharply to end the North American trading...

USD/JPY: USD/JPY lost its downside momentum to close higher on a long-tailed candle on Thursday. This development leaves risk higher with a possible run at the 119.50 level. Above here will clear the...

EUR/CADBest reading of the cycle in the short term suggests decline to 1.454 ended wave ((w)). Wave ((x)) bounce is unfolding as a double three structure where wave (w) ended at 1.476, wave (x) ended...

Time to watch USD vs YEN, as it starts to break down from its Aug.-Oct. sideways (Bear Flag) congestion zone, towards a test of the Aug low at 116.15, which will complete a year-long top formation,...

Although the Australian Bureau of Statistics showed that the number of employed people declined by 5,100 in the previous month (missing expectations for an increase of 5,000), Australia's unemployment...

The USD/JPY continues to break down as the Japanese yen (amazingly enough) strengthens. I think people will be surprised at how strong the yen behaves in the months ahead.

EUR weakens on the back of dovish comments from ECB’s Nowotny while USD is supported by higher core CPI dataFX markets have been dominated by two notable events today, with EUR and USD taking...

US inflation data to come outOn Thursday at 14-30 СЕТ, the important macroeconomic data on inflation will be released in the US. The tentative outlook for dollar is negative. Will...

AUD/USD: Price Stalls Ahead Of 0.7381, VulnerableAUD/USD: The pair turned lower ahead of its overhead resistance at the 0.7381 level during Thursday trading session. This suggests on continued trading...

USD/JPY is falling sharply lower, now trading beneath 118.57 so looks like that a triangle that we were tracking it over the last few weeks was only in wave (b) of an incomplete black wave B/2 that is...

The Canadian dollar is slightly down on Thursday, following strong gains a day earlier. Early in the North American session, the pair is trading at the 1.2940. There are no Canadian releases on...

Currently we are at 1.5418 after breaking the corrective 4th wave. We are looking to continue to the Fibo support area at 1.5317 with an initial overall target at 1.5158. The average daily true range...

Key Points • Risk trends slipped led by the S&P 500, but that underlying theme didn't spur the sharpest moves • A tempered Fed forecast finally pulled the dollar through major support -...