Forex Opinion & Analysis

The fact that, historically, April is the most bullish month out of all twelve for equities has been widely reported. I’d say the two charts most supportive of continued strength for the bulls...

Dollar losses in the Europeans was my favoured outcome although there was a slight shimmy in the early development but one that hasn’t altered the basic outlook. That EUR/USD and GBP/USD...

The EUR/USD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.3966 had completed at 1.3705...

Big Moment for AUD and NZD AUD: All Eyes on RBA and Chinese PMIs CAD: GDP Growth Accelerates in January Dollar Gives Up Gains after Chicago PMI EUR: Bounces on Surprisingly Strong German Retail...

USD/JPY The USD/JPY's rebound from the 101.20 extended higher last week but is kept well below 103.40 so far. For next week 103.40 is major resistance point and daily closing above it will confirm...

The lowest euro area CPI print in four years has not spurred investors to reconsider the outlook for this week's ECB meeting. Most recognize the ECB is likely to shrug off today's preliminary report....

Talking Points- Euro-Zone CPI at lowest in over four years (0.5% y/y). - Euro rallies regardless - EUR/AUD and EUR/USD still bearish? - Economic calendar is stuffed on Monday across the globe. The...

This is a very busy week for the foreign exchange market and currencies are on the move. For the past 2 months, USD/JPY has been trading in a tight range and is prime for a breakout. Between the...

EUR/USD The euro is forming consolidation channel with ascending impulse. We think, today the price may leave this channel upwards and continue growing up towards level of 1.3990. The first target is...

Capital markets are about to sign off on Q1, a quarter really not worth remembering, and embrace Q2, a quarter jammed packed with fundamental and event risk that should be capable of stirring up a few...

EUR/USDCurrent level - 1.3773 There is a confirmed reversal of the slide from 1.3877 and the intraday bias is bullish above 1.3704 low. Initial minor resistance is projected at 1.3780, followed by the...

The GBP/USD held support at 1.6600/1.6595 as expected, hitting our target of 1.6655/65 and topped exactly here as predicted. Today we have trend line resistance at 1.6640 holding us back but above...

EUR/USD tested support at 1.3725/15 but ran over to 1.3703 before bouncing to resistance at 1.3770/80 which did hold a move higher as expected. This could hold if tested again today, but shorts need...