Forex Opinion & Analysis

Talking PointsThe Australian Dollar gained more than 0.6% versus its US namesake. The country added more jobs than expected, Chinese CPI also released. Government bond yields reflect decreased RBA...

Looking Back: Asian markets woke up to news that as expected, the Reserve Bank of New Zealand has cut its official cash rate by 0.25% to 2.75%.With the cut widely expected and therefore largely priced...

Talking PointsUSD/JPY Technical Strategy: Flat Positioning Favors Weakness as Prices Consolidate Between 121.90 & 118.50. Long-Term Trend Keeps Eyes on Upside Break And Trend Continuation. The...

Talking PointsRBNZ cut its benchmark lending rate to 2.75% as expected. New Zealand Dollar fell more than 1.5% versus the US Dollar. The central bank appeared to strengthen its dovish outlook. The New...

GBP/USD retests support at 1.5355/52 as I write. Buy here, stop 1.5335. Target 1 at 1.5375, T2 at 1.5400. However, the best support of the day is at 1.5325/20. Buy here, stop 1.5290. Target 1 at...

EUR/USD has recovered very strongly late in the session and overnight to strong resistance at 1.1230/35. We wrote: Sell here, stop 1.1265, but we cannot rule out a break higher today, so be ready to...

USD/JPY is holding first support at 120.05/00 as I write allowing a recovery to first resistance at 120.30. If we continue higher, look for 120.65/70 for profit taking on longs, then a selling...

EUR/JPY INTRADAY CHART BIAS: We should now be closer to the final high Resistance: 135.19-38 135.75 135.94 136.23-35Support: 134.70-75 134.30-35 133.76 133.35 MAIN ANALYSIS: Price reached the...

With the GBP/JPY cross seeing weakness following a rejection candle print on Wednesday, a further bearish momentum threat is envisaged. On the upside, resistance resides at 185.00 level with breach...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Next FX Policy Trade RBNZ Cuts and Talks of Doing More USD/CAD Gives Up Post BoC Gains AUD Hangs Tight Ahead of Employment...

A looser yuan peg and subsequent devaluation of other currencies in the emerging world took the trade-weighted USD to levels not seen in a dozen years. The dollar rally, though already extended,...

The dollar failed to break above a key resistance area at the first time of asking a couple of weeks ago, which suggested further downside pressure may follow, but no longer necessarily looks the...

Talking Points USD/CHF breaks through important resistance Key retracement level awaits overhead USD/CHF broke through several key levels of resistance yesterday before stalling out at the not widely...

Weakness in JPY was observed overnight as USD/JPY retook the 120.00 handle and continued in this vein during the European session with the pair breaking through the 200 DMA at 120.83 and seeing the...