Forex Opinion & Analysis

Australia 200 for Tuesday, May 13, 2015The Australia 200 index has been meeting resistance at the 5650 level to start this week. The last few days to finish last week saw significant declines in the...

AUD/USD for Wednesday, May 13, 2015To start this new week, the Australian dollar has done well and made a push back to the key 0.80 level where it is presently running into resistance. The last couple...

AUD/USDMarket Scenario 1: Long positions above 0.7955 with target @ 0.7978. Market Scenario 2: Short positions below 0.7922 with target @ 0.7899. Comment: The pair extended beyond 0.7900 and trades...

Over the last week or so, both our Morning View reports and Twitter profiles have been been talking about a possible USD/CAD buy setup.USD/CAD Daily:Click on chart to see a larger view.Long term,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Why EUR is Still a Better Sell than Buy Dollar Sells Off Ahead of Retail Sales Sterling Soars on Strong IP Data NZD: RBNZ...

EUR/USD daily chart still shows a corrective mode, although the downside potential in the short-term uptrend is limited, notes ING."We are still expecting a test of the horizontal support area...

For the second straight day, the North American economic calendar has been bone dry with very little data being made available about the US or Canadian economies. The lone sliver of potential...

Will the USD continue to bounce and produce another daily cycle before it finds a bottom?

The US dollar has started out today’s North American session on the back foot, hurt by comments from William Dudley, the influential President of the New York Federal Reserve. In comments during...

IndicesAny optimism that global indices could be set to continue what was appearing to be a positive start to the week has been erased following a sharp sell-off in bonds, dragging equity markets...

EUR/AUDCurrently we are at 1.4076 after a break of the wedge. We are looking for a continuation to the Support area @ 1.3940 with an overall target @ 1.3850. The average daily true range (ATR) for the...

The British pound has been strengthening lately, as seen against several different currencies. In fact, one of the first things that we noticed was as soon as the British pound broke above the 1.55...

USD/JPY Open 120.17 High 120.28 Low 119.33 Close 120.05 On Monday USD/JPY increased slightly with 45 pips. The currency couple appreciated from 119.71 to 120.16 yesterday, matching the positive money...