Forex Opinion & Analysis

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The sharp reversal in the British pound and Australian dollar were the two biggest stories in Tuesday's foreign-exchange market....

And so it happened, round level triggered a correction. In the last week, there has been a test of level 2.9000. This provoked a rebound, which can bring price to 2.9900. Minimum range for correction...

Today, price indices, reflecting the inflation rate, were published in the UK. Earlier. Retail sales statistics indicated growth, but the GBP/USD pair declined. Nevertheless, since the opening of the...

Risk off sentiment currently dominates all asset classes. The overnight mixed China trade report has done little to support more substantial equity gains. The mighty buck and yen are again the favored...

Despite initial strength, GBP weakened throughout European session as UK CPI reached deflationary territory, while lower than expected Chinese imports weigh on commodity currenciesThe notable mover...

In recent days, the USD Index has been trading around the level of 95, which resulted in the consolidation in GBP/USD. Will the proximity to important resistance levels encourage currency bears to act...

EUR/GBPCurrently we are at 0.7488 after breaking the ascending wedge. We are looking to continue to the Fibo resistance area at 0.7560 with an overall target at 0.7586-0.7600. The average daily true...

USD/CAD: USD/CAD remains on the offensive on the back of its long-tailed candle print triggering corrective recovery on Monday. This price action development leaves risk higher in the days ahead. On...

GROWTHACES.COM Forex Trading Strategies Taken Positions GBP/USD: long at 1.5275, target 1.5440, stop-loss 1.5190, risk factor *GBP/USD: Negative British CPI Is An Opportunity To Get Long (long at...

EUR/USDCurrent level - 1.1377 The uptrend has reached a new high at 1.1412, but there is a minor reversal at that peak, revealing a risk of a dip towards 1.1230.crucial support is projected at...

GBP is showing some fluctuation on Tuesday, as the pair trades just below the 1.53 line early in the European session. Taking a look at economic releases, British CPI slipped into negative territory...

European Central Bank Governor Draghi addressed that a bond-buying program involving thousands of billions Euro would be adjusted on its scale, content and deadline. Analysts from the world’s...