Forex Opinion & Analysis

Talking PointsUS Dollar Technical Strategy: Long via Mirror Trader USD Basket Prices Correct Lower from 5-Month High, Retest Broken Trend Line. Long-Term Uptrend May Be Resuming, But Event Risk...

Talking PointsUSD/CHF Technical Strategy: Flat US Dollar Digesting Gains After Hitting Monthly High vs. Swiss Franc. Narrow Trading Range Argues Against Trade on Risk/Reward Grounds. The US dollar is...

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...

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...

AUD/USD bears have control again, not a great surprise as we test 6960, so far bottoming at 6950 as I write. Be ready to sell a break below 6950 to target 6933/30. A break below 6920 keeps the...

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...

There was a mixture of outcomes yesterday, some good, some bad and some strange. It ended with some fine lines that cannot be breached when referring to the entire range of currencies – all of...

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...