Forex Opinion & Analysis

Daily FX Market Roundup March 11, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Nothing is more important this week than the Brexit votes on Tuesday, Wednesday and possibly...

The FX market thinks tomorrow’s meaningful vote is a big deal and expects volatility sooner rather than later. That said, short positions in GBP are around 40% smaller than they were at the time...

We had a good grip on the development of all major EUR/USD swings over the past few years. Most of that analysis was published publicly during the past 18 months. The latest public post argued that a...

The EUR/USD daily Forex chart broke below the 4 month trading range last week, but had a bull bar closing near its high on Friday. In addition, the bulls have a wedge bear channel. That is a bull...

The euro initially tried to rally during the trading session on Monday but gave back the gains as we reached towards the 1.51 level. This is an area that had seen quite a bit of selling on Friday as...

CAD/JPY Bearish: Currently, we area at 82.69 trying to break out of a bear flag pattern. IF we can break here, we are looking for the continuation to 82.00. The overall target is the 4.236 Fibonacci...

GBPUSD is currently trading around 1.3074 in the US session Monday, jumped almost +0.45% on hopes of delayed smooth Brexit amid lingering political chaos. There was a report that the British PM...

GBP/USD: Wave Analysis And Forecast March 8 - 15, 2019The pair GBP/USD is still likely to grow. The estimated pivot point is at a level of 1.2776. Main scenario: long positions will be relevant from...

EUR/USD: Wave Analysis And Forecast for March 8 - 15, 2019The pair EUR/USD is still likely to fall. The estimated pivot point is at a level of 1.1419. Main scenario: short positions will be relevant...

USD/CHF: Wave Analysis And Forecast March 8 - 15, 2019 0 The pair USD/CHF is still likely to grow. The estimated pivot point is at a level of 0.9923. Main scenario: long positions will be relevant...

USD/CAD: Wave Analysis and Forecast March 8 - 15The pair USD/CAD is still likely to grow. The estimated pivot point is at a level of 1.3298. Main scenario: long positions will be relevant from...

USD The U.S. dollar weakened on Friday amid the jobs report which dented the market sentiment which was already turning sour. Concerns of a global slowdown engulfed the equity markets. This sent the...

EUR/USD unchanged after Friday reboundEUR/USD traded narrowly in light trading in Asia to start the week. The FX pair is currently at 1.1237 after rebounding from channel support on Friday. The U.S....

USD/JPY - EUR/JPY Daily Forecast - March 11, 2019 USD/JPY resistance at 111.35/45 should be key. A break above 111.60 targets 111.80/85 before the high at 112.05/15. Try shorts with stops above...