Forex Opinion & Analysis

EUR/USD DailyAn inverted head and shoulders pattern projects a target near the March lows. Consolidating above the 1.1710/33 highs, a viable zone of support above the neckline. The bearing engulfing...

EUR/JPY Daily OutlookDaily Pivots: (S1) 132.50; (P) 132.80; (R1) 133.24; Intraday bias in EUR/JPY remains neutral for consolidation below 113.12 temporary top. Another fall could be seen. But in that...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6189; (P) 1.6224; (R1) 1.6264; EUR/AU’s sharp fall indicates temporary topping at 1.6252 and intraday bias is turned neutral. On the downside, break of...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1734; (P) 1.1763; (R1) 1.1796; EUR/USD is bounded in tight range of 1.1723/1814 and intraday bias remains neutral. On the downside, break of 1.1723 minor...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9629; (P) 0.9651; (R1) 0.9672; USD/CHF’s rebound from 0.9541 short term bottom is still in progress and intraday bias remains on the upside for 0.9757...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2935; (P) 1.2954; (R1) 1.2973; Intraday bias in USD/CAD remains neutral as it’s staying in range of 1.2883/2975. At this point, we’re staying...

Daily Forex Market Preview, 26/09/2018The U.S. dollar was seen trading subdued on Tuesday. Economic data was sparse. From the Eurozone, the German WPI was seen rising 0.3% on the month. The data beat...

Although a variety of headlines are circulating following President Trump’s speech at the United Nations, financial market movements are slightly muted as investors around the globe prepare for...

There’s not a lot to say to be honest. Overall, there is risk of minor dollar losses, perhaps consolidation especially in the Asian session. However, over the day we should just see Dollar gains...

MID-WEEK UPDATE 9/25/18 So far this week in the world of Forex, we have the GBP as the number one performer up just over ¾ of a percentage. The CHF followed by the NZD are the bottom performers...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The market is pricing in a 100% chance of a quarter-point interest-rate hike by the Federal Reserve Wednesday, which would be...

The EUR/USD daily Forex chart today has an inside day after yesterday’s outside day. This is an ioi (inside-outside-inside) bull flag. There is also a potential measuring gap below...

The greenback is under pressure against it European counterpart on Tuesday, with EUR/USD is back on the way to 1.18, though the impetus looks rather limited for the time being. Traders have already...

GBP/JPYThe British pound has been the center of the Forex world as of late, and of course we discussed all things Brexit, and this has put a spotlight on the negotiations between the EU and the UK....