Forex Opinion & Analysis

Just as soon as the currencies started to churn sideways, all other assets also entered trendless whipsawing patterns.I expect this to continue for a couple more months, and then everything moves down...

Chris looks at the upcoming session in the EUR/USD pair as we continue to bounce around the 1.10 level. Even with all of the drama unfolding in Greece, it seems that this pair simply cannot continue...

NZD/USD: Short position closed The open position for the NZD/USD has been closed as a precaution. A profit has been made of 72 pips. The pair is still in a downtrend, but is in a strong pullback.The...

Key Highlights · US dollar, after a mild correction against the Swiss franc, traded higher and looks set for more gains in the near term. · There are many major releases lined up in the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. 6 Reasons To Trade Wednesday's FX Euro: Waiting on Greek Parliament CAD: Will Bank of Canada Cut Rates? AUD: Tons of Chinese...

As my colleague Kathleen Brooks noted earlier today, tomorrow is a “D-Day” of sorts for global traders, with major economic events taking place in China, Greece and the US (not to mention...

As mentioned yesterday (EUR/USD – Greek Deal Prompts Bearish Move), the euro appears to have moved back into a bearish phase against the dollar, with the Greek “deal” potentially...

It’s been an action-packed morning for USD/CAD traders, and the excitement is likely to carry over for at least the next 24 hours.In the wee hours of the night, the long-awaited nuclear deal...

At the beginning of 2014, we saw the EUR/TRY reach to high records above 3.20 level.Since then, it went down to 2.60 in January 2015. Closer look at the charts shows us a couple things: The EUR/TRY...

Awaiting escape from the rangeLet us consider the EUR/USD currency pair on the daily chart. Greece achieved a general agreement with international creditors, which lowered the risk that the country...

GBP/AUD:Currently we are at 2.0883 after completing a head and shoulders pattern. We are looking for a continuation DOWN to the Support area @ 2.0745 with an overall target @ 2.0600. The average daily...

The pound rose against the U.S. dollar on Tuesday after BOE Carney said the point of raising interest rates is “is moving closer.”At his testimony to Parliament’s Treasury Committee,...

GBP/USDGBP/USD moves below 61.8% Fibonacci at 1.5475 and trading below it will keep bears in dominant. ADX is negative, while RSI 14 continues to move below 50.00, although the pair is moving above...

GBP/JPY Daily OutlookDaily Pivots: (S1) 189.47; (P) 190.89; (R1) 192.52; Intraday bias in GBP/JPY remains mildly on the upside for the moment. As noted before, the pull back from 195.86 should have...