Forex Opinion & Analysis

Progress in trade negotiations between the United States and China contributed to the growth of world stock indices and the weakening of the U.S. dollar.U.S. President Donald Trump tweeted last Sunday...

USD/CHF continues to fall inside the 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level –...

EUR/USD has edged higher in the Monday session. Currently, the pair is trading at 1.1362, up 0.25% on the day. It’s a very quiet start to the week, with no eurozone or German events. There are...

Market Drivers for February 25, 2019 Trump extends China tariffs deadline EU mulls Brexit extension to 2021 Nikkei 0.48% DAX 0.35% Oil $57/bbl Gold $1328/oz. Europe and Asia NZD: Retail Sales 1.7% vs....

The common currency appreciated last week and has settled above the 1.13 threshold after a short-lived jump to a high of 1.1370 earlier in the week. The recent rally seems to have stalled, while the...

EUR/USD: Options and Futures Analysis for February 25, 2019. Total cash investments among the major participants in the CME Group (NASDAQ:CME) of derivatives trading for the euro fell by 1%. The total...

The U.S. dollar could extend declines to high-beta currencies if we see continued progress with China and U.S. reaching a broad trade deal that prevents the U.S. from raising tariffs on Chinese goods...

Last week was rather up and down, but the dollar outlook was largely bullish. This should now see some stronger development. GBP/USD has managed to provide a decent Wave i and Wave ii that should...

EUR/USD outlook remains higher on more strength as it eyes price extension. Support comes in at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level....

Trade Ideas EUR/USD: long at 1.1320, take profit at 1.1470, stop-loss 1.1255 USD/CAD: short at 1.3350, take profit at 1.3010, stop-loss 1.3485 XAG/USD: long at 15.50, take profit at 16.50, stop-loss...

U.S. Dollar Index Speculator Positions Large currency speculators continued to slightly cut back on their bullish net positions in the U.S. dollar index futures markets into February, according to the...

EUR/USD Forex Market Trading Strategies The EUR/USD daily Forex chart rallied for two weeks in a micro wedge bull channel to the 20-day EMA. The bears see a higher high double top bear flag. But, it...

Daily FX Market Roundup February 22, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Before the end of this week, US President Trump will decide if the March 1 China tariff...

Hi traders,In the bigger picture we can see how nicely USD/JPY dropping from the 110.9 level below channel support line, giving us an idea that a wave ii) correction with its three-wave move found...