Forex Opinion & Analysis

Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6568, 0.6458, 0.6349 Resistance:0.6783, 0.6885, 0.7049 The New Zealand Dollar is inching higher after rebounding from support at the...

Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7417, 0.7283, 0.7150 Resistance:0.7499, 0.7566, 0.7632 The Australian Dollar found interim support after turning downward against itsUS...

Talking Points:GBP/JPY Technical Strategy: Short at 192.83 Support: 185.37, 182.89, 179.82 Resistance: 187.85, 190.91, 192.80 The British Pound is attempting to correct higher after dropping to the...

Talking Points:EUR/JPY Technical Strategy: Flat Support: 133.10, 131.99, 129.20 Resistance:135.45, 137.97, 141.04 The Euro continues to consolidate above the 133.00 figure against the Japanese Yen,...

Talking Points:USD/CAD Technical Strategy: Long at 1.2649 Support: 1.2618, 1.2524, 1.2449 Resistance: 1.2770, 1.2922, 1.3016 The US Dollarproduced a Bearish Engulfing candlestick pattern, hinting a...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7164, 0.7128, 0.7062 Resistance: 0.7235, 0.7293, 0.7388 The Euro paused to digest gains after recovering to the highest level in a month...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9193, 0.9071, 0.8963 Resistance: 0.9557, 0.9769, 0.9985 The US Dollar continues to tread water against the Swiss Franc as buyers attempt to...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.0968, 1.0818, 1.0661 Resistance:1.1100, 1.1277, 1.1466 The Euro is attempting to overturn the near-term down trend in play since mid-June...

Talking Points: The FX Focus is Currently on Greece USDJPY direction is Important for Global Risk Sentiment JPY is Strengthening Already Forex trader’s eyes have been on the EURUSD...

Good morning. Hope all is well! We seem to have had a good forecast for yesterday, with a 71% accuracy. The US dollar was more on a sidelined status, while Japanese yen has lost a lot of steam....

GBP/NZDDecline from 2.347 is taking the form of impulsive 5 waves, where wave ((i)) ended at 2.314, wave ((ii)) ended at 2.33, wave ((iii)) ended at 2.27, wave ((iv)) ended at 2.295, and wave ((v)) is...

Greece Buckling:In its race to avoid a full scale bankruptcy, Greece has this morning submitted a package of proposed reforms to its Eurozone creditors in hope that a last minute deal can be struck...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Is Greece or China the Bigger Risk for FX? Dollar: Rise in Jobless Claims Not a Worry USD/CAD in Play with Employment on...