Forex Opinion & Analysis

Yesterday the EUR/USD made new mid-term highs but the main pair is dangerously getting closer to create a bearish reversal pattern. The price is currently trying to create a head and shoulders...

Daily Forex Market Preview, 25/09/2018The markets were seen trading quietly on Monday. Following the new tariffs on China coming into effect since 24th the markets were seen to be a little spooked....

USD/JPYRemains in a bullish up trend making higher highs and higher lows. As long as price is above 112.50-112.40 trend will remain bullish. Price is also breaking above a long-term trend line...

AUD’s 2018 bearish channel continues to hold and is likely to tempt bears with a test of its upper trendline. Yet, with bullish technicals appearing on the weekly chart whilst major commodity FX...

Not all was going to plan yesterday. We saw a final blip higher in EUR/USD and a break higher in USD/CHF. USD/JPY appears to have seen a relatively shallow pullback and in GBP/USD an adjustment in the...

The U.S. dollar has enjoyed a robust rally over the past seven months. An economy growing above potential rate, fiscal stimulus, low unemployment, above target inflation, diverging monetary policies,...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7240; (P) 0.7261; (R1) 0.7272; At this point, AUD/USD is staying above 0.7228 resistance turned support and intraday bias remains neutral first. Above 0.7303...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3064; (P) 1.3116; (R1) 1.3168; Intraday bias in GBP/USD remains neutral for the moment. Risk stays on the downside as long as 1.3297 resistance holds. The...

President Trump's tariffs on China have taken effect on the week when the Fed meets to raise rates for the 3rd time this year and speculation mounts on whether UK voters may be called up again as talk...

Global stock markets had a tough day yesterday as global trade concerns increased after China pulled out of the next round of talks with the US and domestic political tensions in the US hit their...

Key Themes At Play In Forex Market The Sterling found enough buying interest to revert some of its recent sizeable. The currency has transitioned from being the worst performer last Friday to...

AUD/USD. The With the pair backing off higher prices to close lower on Tuesday, more downside pressure is likely in the days ahead. Support resides at the 0.7200 level where a breach will aim at the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This is a very busy week for the foreign-exchange market and while we’re off to a slow start, trading ranges will widen...

Political news has dominated Mondday’s headlines on both sides of the Atlantic.In the UK, Brexit Secretary Raab reiterated that he was confident that a trade deal with the European Union will...