Forex Opinion & Analysis

It continues to be an uneventful week for EUR/USD. The pair is unchanged on Wednesday, trading at 1.1353, up 0.02% on the day. On the release front, German PPI declined by 0.1%, shy of the estimate of...

EUR/USD has been oscillating within a bearish channel for the best part of this year. But having rebounded around 1.5% from its low (an area which saw euro reverse previously) we're looking out for...

The dollar outperforms its major rivals on Wednesday as investors await the outcome of the FOMC meeting. The muted upside momentum reflects some corrective flows after the recent drawdown amid...

The US dollar, which was trading subdued the past few days held steady ahead of the FOMC meeting today. The Fed will be releasing its economic projections and dot plot summary alongside the press...

Trading on the market recently is pretty tough. The price is not moving in trends, often changes direction and creates many false breakouts. Well, false breakouts can be great occasions too and...

AUD/USD - NZD/USD Daily Forecast - March 20, 2019 AUD/USD minor support at 7088/85 but below 7080 targets 7060/50. A break below 7040 tests 2 month trend line support at 7010/05. Stop below 6995 for a...

Done and dusted. Well, I have some doubts over EUR/USD but the 1.1385-93 area is possible and the 1.1404 is the limit. USD/JPY has already begun the upside along with USD/CHF. It looks most likely...

Job vacancies fallAustralia’s Westpac leading index came in flat in February, falling from an upwardly-revised +0.1% reading in January, despite firmer commodity prices. In addition, skilled...

Daily FX Market Roundup March 19, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementWednesday’s Federal Reserve monetary policy announcement is the most important event...

Currency-market participants look cautious ahead of Wednesday's big day of the Fed pronouncements. Such an outlook seems reasonable but even guarded moves can give telling signs – of where the...

The US dollar fell during a surge lower on Tuesday, reaching toward the vital 1.3250 level. However, by the time the Americans got to work and started to take the markets under their control, the pair...

The EUR/USD daily Forex chart has rallied for 3 weeks. Today’s high so far is withing a few pips of the bear trend line that began with the January 10 high. More importantly, it is only 58 pips...

Hi traders,EUR/USD is recovering nicely from the 1.117 level, giving us an idea that sub-wave v of C had found a low, and that a new three-wave recovery is now in play. We labelled wave a/i unfolding,...

EUR/USD has reached the resistance of the downward channel before the important Fed meeting, which is able to determine the further trendThe single currency is growing against the dollar for seven...