Forex Opinion & Analysis

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1721; (P) 1.1762; (R1) 1.1792; Intraday bias in EUR/USD remains neutral at this point. We we maintain our view that 38.2% retracement of 1.2555 to 1.1300 at...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9551; (P) 0.9575; (R1) 0.9609; A temporary low is in place at 0.9541 with today’s recovery. Intraday bias is turned neutral first. In case of another...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7266; (P) 0.7285; (R1) 0.7307; Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.7303 will extend the corrective rise from...

The past week was rather rough, mostly in EUR/USD and GBP/USD and should now be looking towards the Dollar upside. However, the entire range of pairs are still rather haphazard. Both USD/JPY and...

Japan's economy was revitalizing in the 2nd quarter on the back of the stronger consumer spending and received an optimistic projection for the 3rd quarter. The yen rebounded from a ~105.000 low in...

Fundamentals:GBP/USD sold off driven by signals that Brexit talks stalled.UK PM May said: No deal is better than a bad deal.May also said that the UK will continue preparations for scenario on no-deal...

The USD/CAD fell 0.92 percent in the last five days. The currency pair is trading at 1.2921 after various phases of NAFTA jitters have helped and pressured the loonie. The Canadian currency gained on...

This is a repost of the recent Palisade Weekly Letter –Earlier this week – news went by relatively unnoticed by the ‘mainstream’ financial media (CNCB and such) that...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In one day, sterling lost all of the gains that it had built up during the week and this shows just how sensitive the currency...

The greenback is mixed on Friday and remains unsettled in general despite a rise in the US Treasury yields. The EUR/USD pair has briefly probed the 1.18 figure a break of which could open the way to...

In the global markets continues a massive attack on the US dollar, which gives in currency pairs one position after another. However, technical signals indicate an increasing probability of strong...

The EUR/USD daily Forex chart achieved the initial goal of the bulls by breaking above the July 9 high. Since the rally is a parabolic wedge, a 2 legged pullback is likely over the next week. The...

The pair EUR/USD is still likely to grow. Estimated pivot point is at a level of 1.1649.Main scenario: long positions will be relevant from corrections above the level of 1.1649 with a target of...

The pair USD/JPY is still likely to grow. Estimated pivot point is at a level of 112.01.Main scenario: long positions will be relevant above the level of 112.01 with a target of 113.22 –...