Forex Opinion & Analysis

Chart Prepared by Jamie Saettele, CMTU.S. DollarThe push above the line that extends off of the April-June high negates anything bearish. Watch for support at 11970. A drop below 11918 (treated as the...

At current levels, Bank of Tokyo Mitsubishi is neutral on USD/JPY, seeing the pair trading at 123-125 range in the near-term. "Next week, USD/JPY will likely stay around 124, though Japanese...

On Tuesday, at the GlobalDairyTrade auction dairy prices grew by 14.8% thus giving hope that prices may have stopped their fall. However, poor macroeconomic data, unemployment growth, falling rates...

Key developments in FX todayThe USD was generally on the defensive, though the only notable moves were in EUR/USD and USD/CHF in a very risk off market that saw the euro and CHF rallying broadly. The...

The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF and NZD/USD. EUR/USD: We recommend playing a cautious long and adding at 1.1075, with an intraday...

USD continued to decline on Thursday, with data unable to bolster sentiment after Wednesday's FOMC minutes showed concerns over China could put a September Fed rate lift-off in jeopardyThe USD...

EUR/USD: With EUR turning higher to reverse part of its four-day losses on Wednesday, further push higher is likely. It was seen at the time of this analysis heading further higher with eyes on the...

Currently the GBP/AUD is at 2.1416. We are looking for one more thrust to the top of the range area at 2.1530 with an overall target at 2.1714. The average daily true range (ATR) for the pair...

EUR/USDCurrent level - 1.1118 The intraday outlook here remains positive with the recent break through 1.1090, for a rise towards 1.1216, en route to...

Market reassess Fed outlook after dovish minutes US data needs to be convincing over coming weeks Forex volatility confined to tight ranges for now Market focus now shifts to August job...

Market Drivers, August 20, 2015 Post FOMC dollar selloff fades as commodity prices drop further UK Retail Sales mixed Nikkei -0.94% Europe -0.66% Oil $40/bbl Gold $1137/oz. Europe and Asia: GBP UK...

The CPI data related to Fed’s decision of interest rate hike as well as the FOMC minutes did not provide clear direction for the market as expected. CPI data is only 0.1% lower than the expected...

AUD/USDMarket Scenario 1: Long positions above 0.7344 with targets at 0.7377 and 0.7407. Market Scenario 2: Short positions below 0.7344 with targets at 0.7314 and 0.7281. Comment: The pair broke the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 193.76; (P) 194.39; (R1) 194.77; No change in GBP/JPY's outlook and intraday bias stays neutral first. Rebound from 184.95 is viewed as the second leg of the...