Forex Opinion & Analysis

Donald Trump’s protectionism became one of the reasons for the pause in the Fed’s monetary normalizationThe derivatives market has increased the probability of the Fed’s rate cut in...

AUD/USD Bearish: Currently we are at 0.7149 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonacci at 0.7110. The overall target is the range...

The Canadian dollar is slightly lower in the Tuesday session. Currently, the pair is trading at 1.3220, up 0.24% on the day. On the release front, Canada releases corporate profits. It’s a busy...

GBP/CAD continues to rise inside the daily Ascending Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 4-bar...

GBP/CHF traded higher yesterday, breaking January’s high, which is slightly above the 1.3110 hurdle. Today, the rate accelerated to the upside, overcoming the 1.3170 zone, defined by the highest...

EUR/USD is showing little movement in the Tuesday session. Currently, the pair is trading at 1.1360, up 0.04% on the day. In economic news, German GfK Consumer Confidence remained steady, with a...

AUD/USD feels relatively comfortable in the familiar range, with the immediate resistance comes at last week’s highs around the 0.72 figure, while on the downside, the selling pressure is capped...

GBPUSD is currently trading around 1.3275 in the US session Tuesday, jumped almost +1.37% on hopes of 2nd Brexit referendum and “delayed” or even “no” Brexit. GBPUSD made...

Two weeks ago, we highlighted 3 reasons USD/JPY was hitting its highest levels of the year, including positive U.S.-China trade talk and a continuation after a big technical breakout. Those two...

Key Highlights The British pound started a solid upward move above the 1.2920 resistance against the US dollar. There was a break above a significant bearish trend line with resistance at 1.2930 on...

Daily FX Market Roundup February 25, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are starting this busy trading week with solid gains in equities and currencies. Thanks...

I am spotting a potential opportunity to go long on AUD/USD on M30, according to the system I am trading. (This is not my system) This is a trend trading strategy based on 3 SMA (30, 50, 100). These...

The EUR/USD daily Forex chart has bounced for 2 weeks from the bottom of a 4-month trading range. The rally has stalled at the 20-day EMA. It is a bear flag. If there is a break above last...

Pushing back Chinese tariffs brings a bit of a “risk-on-Asia” feel to the market and this almost always means that the Japanese yen is going to get sold.The New Zealand dollar has been...