Forex Opinion & Analysis

AUD/USD INTRADAY CHART BIAS: Am expecting losses to resumeResistance: 0.7955-68 0.7980-85 0.8006 0.8020-25Support: 0.7915 0.7888 0.7860 0.7840-45MAIN ANALYSIS: The expected correction higher was...

The U.S. economy is in trouble. After expanding at a modest 2.2% in the 4th quarter, economic growth dimmed to a scant 0.2% in Q1 of 2015. Yet privately, many are acknowledging the likelihood that...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. EUR/USD is Rising for the Wrong Reasons What About USD/JPY? AUD Soars 1.3% Post RBA NZD: Dairy Prices Fall 3.5% CAD: Wider...

Did you hear that Greece’s financial woes are in the news again?If there was an award for “Least Surprising Economic Development of the Last Half Decade,” the above question would be...

Talking Points The EUR/USD has bounced off of today’s S4 pivot Price is currently below range resistance at 1.1173 A breakout above R4 would signal a bullish breakout (Created using...

The morning half of the North American trading session has been a bit mixed this morning as US and Canadian data releases weren’t making investors feel too sure of themselves. The Trade Balance...

Yesterday, we received confirmation that the U.S. manufacturing sector is recovering, with growth of 2.1% in Factory Orders for March. The USD/CAD pairing has remained relatively stationary since...

GBP/AUDCurrently we are at 1.9201 after a nice pullback. We are looking for a continuation to the bottom of the box @ 1.9100. The average daily true range (ATR) for the pair currently is 198 pips.

Monday's bullish CHF/JPY set-up on the 4-hr chart went a little higher , but failed to hit the target and then fell back down again. Well, now another bullish set-up has occurred on the 4-hr chart,...

Technicians talk about consolidations and breakouts, patterns and ratios. It seems like they make it up. But quite often there is reason and truth in the art of technical analysis. One example is in...

The very short-term trend on the 4-hr chart has reversed and turned bearish. It has broken below a trend-line and formed two lower lows and two lower highs. It will probably continue down towards...

The USD/CAD pair is in a short-term down-trend after breaking below the neckline of a head-and-shoulders pattern. It has pulled-back temporarily but it will probably break lower extending the trend...