Forex Opinion & Analysis

Australian 200 for Tuesday, March 3, 2015The Australia 200 index just continues on its merry way steadily moving higher above the key 5800 level to reach yet another multi-year high near 6000. In the...

AUD/USD for Tuesday, March 3, 2015After finally springing to life in the middle of last week, the Australian dollar dropped sharply to close out the week and fall back down below 0.7800 again to more...

Chris looks at the upcoming Tuesday session in the EUR/USD pair…Below you may find the video

US data released last night all missed market expectations. The ISD February manufacturing PMI fell for the fourth consecutive month to 53, showing the US manufacturing expansion is slowing. Also,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Will RBA Cut 25bp, Driving AUD to 5 Yr Lows? NZD: Watch Out for Dairy Auction Dollar Bulls March on Despite Weaker Data Euro...

It’s been an interesting start to what promises to be a interesting week in the FX market. The biggest story of Monday’s trade was the continued strength of the dollar despite...

This week the scorecard recommends buying NOK, EUR and CHF while selling NZD, EUR and CHF (see suggested weights in portfolio in table below).Last week’s signals resulted in a 0.2% gain....

Yen futures have been working on a megaphone (bright blue on chart) since late November. In mid-December, the yen starting forming a series of megaphones within megaphones at VWAP of the bright blue...

Overview Antipodean currencies started off the week on the back foot, despite the PBoC rate cut over the weekend. AUD/USD initially opened the week 40 pips higher as a result of the aforementioned...

The greenback came under pressure across the broad, after Jan US PCE came to show rising by only 0.2% year on year, which is the weakest rising pace since October 2009, Due to the falling of the...

“With the new day comes new strength and new thoughts.” - Former US First Lady Eleanor Roosevelt Beyond providing a hopeful note at the start of the trading week, the above quote...

The sideways consolidation in USD/CAD could very well be over as there are 5 waves (a-b-c-d-e) in the sideways move we are witnessing for the last month. The triangle pattern is a typical corrective...

Currently we are at 1.2499 in a large range. We are looking for a move again to the bottom to the Range at 1.2374. The average daily true range (ATR) for the pair currently is 151 pips.

Cable is rising in a short-term up-trend within a wedge-shaped formation. Normally I'd expect it to simply continue higher, however, it has temporarily broken down below the lower border of the wedge,...