Forex Opinion & Analysis

USD/CAD: USD/CAD took a nose dive after failing to follow through higher on its Thursday strength. This development leaves risk lower. Resistance resides at the 1.3100 level where a break will target...

The week kicked off in a tame manner with a lack of data points as well as the Jewish New Year on Monday and Tuesday before the rest of the week saw the majority of focus fall on the highly...

The EUR/AUD pair is at 1.5738 in a well-defined wedge, which is bearish. We are looking for this to continue to the support area at 1.5627 with an overall target at 1.3215678. The average daily true...

On Friday during European trade the dollar’s fall continued. Demand for the American currency started falling on Thursday after the US Fed declined to put the base rate for the country up and...

The big day has come and gone and markets are still left carrying the burden of uncertainty regarding the timing of a a Fed lift-off and the chance now that perhaps there will be no lift-off at...

EUR/USDCurrent level - 1.1410 Yesterday's rise from 1.1292 peaked at 1.1440 and current pullback should be considered corrective, preceding another leg upwards, to 1.1565 area. Initial intraday...

Hourly On Thursday following the FOMC meeting, the pound/dollar rose to 1.5627. The Fed left the base rates unchanged. Janet Yellen’s speech was reserved. The GBP/USD growth slowed just above...

USD/JPYUSDJPY has moved sharply to the downside after being resisted in the downtrend line areas as seen on the provided daily chart. Moving below SMA20 would bring further downside actions alongside...

Talking Points:AUD/USD Technical Strategy: Flat Prices Try to Secure Hold Above 0.72 Figure, Confirmation Absent for Now Upswing Exhaustion to Yield Short Trade Signal in Line With Long-Trend The...

Talking Points:EUR/USD Technical Strategy: Flat Euro Resumes Two-Month Upswing, Rises to Highest Level in 3 Weeks Waiting for an Actionable Bearish Signal to Establish Short Position The Euro...

Talking Points:Australian, NZ Dollars Rebound as Euro Falls Amid Post-FOMC Correction S&P 500 Futures Hint Risk-On Mood Likely into the End of the Trading Week See Economic Releases Directly on...

Focus of the day:"The left-hand chart shows EUR/USD against the 10-year rate differential that it has been tracking. That’s a change from the long-term correlations, which show that 2-year...

The following are the intraday outlooks for USD Index, EUR/USD, and USD/JPY as provided by the technical strategy team at SEB Group.USD Index: Should start recovering. The decline triggered by the...