Forex Opinion & Analysis

The 19% y/y slump in China's trade balance was the biggest decline since May 2009 and the seventh decrease over the last 12 months. The plunge in imports was the primary driver behind the new...

Q:Does shorting the yen at the end of October a the USD shifts its seasonal tendencies look like the next best investment? A: The yen's flow of leverage, while bullish since 2013, is aging rapidly....

Each major Forex cross remains in its 3-week trading range, all of which remain in breakout mode. Which means that day traders expect a move of hundreds of pips soon, even as bulls and bears are in...

Currently the AUD/JPY pair is at 85.55 in a well-defined range. We are looking for a continuation to the 0.500 Fibo support (and range top) area at 87.44. The average daily true range (ATR) for the...

Since the opening of the European session, the USD continues strengthening against the euro. The euro, however, is falling against the British pound. Today at 2 pm (GMT+3), the Bank of England is...

With earlier USD/JPY gains taken back and a bull pressure now seen, a move further higher towards the 122.00 level could occur. On the upside, resistance resides at the 122.00 level with a turn above...

The USD/CHF pair has been trading in a consolidation pattern as we can see on the chart, but recent higher low has made another channel inside consolidation pattern. That channel looks like a...

S&P cuts Brazil’s credit rating to junkOnly six weeks after lowering Brazil’s investment grade outlook to negative, Standard & Poor’s cut Brazil’s credit rating to BB+...

The EUR/USD pair is trading below its downward trend line on a 4 hour time frame. This confirms that the trend is towards the downside and as long as the price is unable to break this towards the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 184.29; (P) 185.35; (R1) 186.29; Intraday bias in GBP/JPY remains neutral for consolidation above 180.36 temporary low. Further decline is expected as long as...

USD/CHFUSD/CHF has declined, approaching the 61.8% Fibonacci retracement once again along with some kind of bearish tendencies on technical indicators. Therefore, we will close any opened long...

Market Drivers for September 10, 2015 USD/JPY pops nearly 100 pips on comments of more QE but retraces Commdollars pop as off shore yuan hits daily gain on record Nikkei -2.5% Europe -0.97% Oil...

AUD/NZD: Profit Locked In At 1.1115 (long for 1.1300)The Reserve Bank of New Zealand (RBNZ) cut its official cash rate by 25 basis points to 2.75% as widely expected. RBNZ governor Graeme Wheeler was...