Forex Opinion & Analysis

Talking Points:AUD/USD Technical Strategy: Flat Price Rise as Expected After Forming a Morning Star Candlestick Pattern Waiting for Corrective Upswing to Yield a New Short Trade Opportunity The...

Talking Points:GBP/USD Technical Strategy: Flat GBP/USD strength after an extended move last week. Short positions could be attractive should resistance show in the 1.5500 zone. British Pound...

Talking Points:GBP/JPY Technical Strategy: Flat British Pound extends four-day relief rally against the Japanese Yen Standing aside until resistance shows more prominently before triggering...

Talking Points:EURJPY Technical Strategy: Flat EURJPY puts in its fourth consecutive day of gains after establishing a new near-term low Resistance below 137 as confirmed by an extended 4-hour (or...

Talking Points:USD/CHF Technical Strategy: Pending Short The Swiss Franc continues to trade within a symmetrical wedge pattern, finding recent lower-high resistance off of the 76.4% Fibonacci...

Talking Points:-USD/CAD Technical Strategy: Favorable Risk: Reward To Establish Long -Time Based Correction Means Sideway Chop Could Continue -Long Bias Invalidated on Break and Daily Close below...

Daily Automate trades with Mirror Trader and see ideas on other USD crosses -“USDCHF cleared the 61.8% retracement and 4/23 high so focus is on the April high at .9862. The 78.6% retracement of...

Daily Automate trades with Mirror Trader and see ideas on other USD crosses -The angle of ascent since the 2014 low is extraordinary and the rate has traded into the 1995 and 1996 lows. The next...

Daily Automate trades with Mirror Trader and see ideas on other USD crosses -“The wedge objective has been reached as has the 2010 low at .6560. The next levels to be aware of are .64 (61.8%...

Daily Automate trades with Mirror Trader and see ideas on other USD crosses -“June’s AUDUSD range (3.4%) was the smallest monthly range since October (3.05%). In fact, the intermonth plots...

Daily Automate trades with Mirror Trader and see ideas on other USD crosses -“EURUSD has broken support from the slope that extends off of the March and May lows. Near term focus is on the line...

Yesterday began well but ended without the dollar rallying. This also required quite a significant adjustment to the structures of several pairs – in particular GBP/USD, EUR/JPY and to a lesser...

Overnight the Bank of England voted 1-0-8 (increase-decrease-hold) as expected and kept interest rates on hold at 0.5%.Taking a wait-and--see approach was the preferred option as the bank lowered its...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Central Banks Step Up Verbal/Physical Intervention GBP: BoE Not as Dovish as we Fear AUD Soars on Rise in Employment CAD Lifted...