Forex Opinion & Analysis

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7019; (P) 0.7075; (R1) 0.7106; AUD/USD fell notably after rejection by 4 hour 55 EMA. But downside is held above 0.7040 low so far. Intraday bias remains...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1483; (P) 1.1515; (R1) 1.1550; EUR/USD’s break of 1.1549 minor resistance indicates short term bottoming at 1.1431. Intraday bias is back on the upside...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9886; (P) 0.9911; (R1) 0.9925; USD/CHF drops to as low as 0.9855 so far as correction from 0.9954 extends. Deeper fall could still be seen. But downside...

NZD/JPY continues to rise inside the clear 4-hour Falling Wedge chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Falling Wedge at the 6-bar level...

The significant decline in stock prices, which began on Wednesday around the time US markets opened also led to decline of the dollar against other major currencies. While most emerging market...

EUR/USD has edged higher in the Thursday session. Currently, the pair is trading at 1.1546, up 0.23% on the day. On the release front, French Final CPI declined 0.2%, matching the forecast. The ECB...

Daily Forex Market Preview, 11/10/2018The headline moves yesterday were seen in equity markets which plummeted (S&P down 3%) under pressure from an uptick in US yields and USD. Consequently, we...

There must be something with October that triggers historically sharp reactions in the stock market. And this October is no different: MSCI’s all-country world stocks index falls to lowest since...

A unique setup has occurred in the UUP (Invesco DB US Dollar Index) that resembles an Engulfing Bearish type of pattern (even though it is not technically an Engulfing Bearish pattern). Technically,...

There’s an old saying.“You can’t fight the dollar.” And what this means is: because the world’s chained to the U.S. dollar (thanks to its reserve status) –...

US stock markets experienced their worst day in nearly eight months as global trade concerns continue to affect investor sentiment. The Nasdaq led the way finishing just over 4% down but the S&P...

Yes, we have seen some solid dollar losses but, my, what a long and winding road that was required. I almost thought we’d have to go through a roundabout several times to get to where we are...

GBPUSD is the pair of the week, as it appreciated 4th day out of the last five. The market is full of rumors and hopes. On Wednesday, the British newspapers reported that there were chances to see...

My 4-Bullet Summary Of Key Considerations Behind 7 CurrenciesUSD Rising US rates in absolute terms and relative to other countries, coupled with the policy-mix and US tax reform are the main...