Forex Opinion & Analysis

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....

Forming positions in the USD/JPY depending on the results of the FOMC meetingIs the Japanese yen a safe haven or has it already lost this status? The question stirred investors' minds for most of...

WTITarget Zone 2 [70.76 – 70.45] for oil was broken yesterday. For today and for the rest of the week, the growth target is Target Zone 3 [73.86 – 73.55]. Let’s look at the local...

Due to the FED meeting, which begins today, investors will take a cautious position. Calm trading on Monday was interrupted when bulls attacked the euro after ECB head Mario Draghi's public comments....

USD/JPY is showing little movement in the Tuesday session. In North American trade, the pair is trading at 112.86, up 0.05% on the day. In economic news, the BoJ released the minutes of its monetary...

Since 2011, the Canadian dollar has been hit hard, losing nearly a third of its value, while creating a series of lower highs and lower lows. After declining nearly 30% into the lows of 2016, the...

Bearish EUR/GBPCurrently we are @ 0.8951. We are looking for a continuation to the square up @ 0.8875 and then continuing to the 0.618 Fibo @ 0.8850 area. The average daily true range (ATR) for the...

USD/JPY traded higher yesterday, and during the Asian morning Tuesday, it emerged above the resistance (now turned into support) barrier of 112.85, marked by the peak of the 21st of September. The...

GBP/NZD continues to rise inside the extended 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level...

The US Dollar continues to see an upside against other major currencies ahead of the Federal Reserve meeting on Wednesday, where many believe that the interest rates could be increased. This trend...

EUR/USD is drifting in the Tuesday session. Currently, the pair is trading at 1.1761, up 0.12% on the day. On the release front, German Wholesale Price Index jumped 0.3%, edging above the estimate of...