Forex Opinion & Analysis

NZD/CHF continues to rise after the earlier breakout of the daily Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.69; (P) 131.19; (R1) 131.58; EUR/JPY is losing some upside momentum as seen in 4 hour MACD. But with 130.09 minor support intact, further rise is expected...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6022; (P) 1.6104; (R1) 1.6148; EUR/AUD’s consolidation pattern from 1.6353 extends lower and hit 38.2% retracement of 1.5601 to 1.6353 at 1.6066. At...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2880; (P) 1.2940; (R1) 1.2980; At this point, we’d still expect strong support from 1.2886 to contain downside to complete the decline from 1.3225. On...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3101; (P) 1.3157; (R1) 1.3202; Intraday bias in GBP./USD is turned neutral with a temporary top in place at 1.3214. Rise from 1.2661 could still extend...

USD/JPY Daily OutlookDaily Pivots: (S1) 112.16; (P) 112.30; (R1) 112.45; Intraday bias in USD/JPY is turned neutral with a temporary top in place at 112.44, after hitting 100% projection of 109.76 to...

After rallying nearly 4% since the 83.76 low it’s just the May high which stands in its way to clearer skies. And whilst the daily trend structure has appeared erratic in recent times, we see a...

The US Dollar continues to see a downside compared to other major currencies, as the US Dollar Index (USDX) hovers around its 7-weeks low. Meanwhile the New Zealand Dollar extended its gains and is...

Equity markets do not seem to be concerned over the latest phase of the U.S.-China trade war. Investors have been pricing negative news for months which has led several emerging markets into bear...

EUR/USD: In Consolidation, Bond Yields Negate 1.17+As the picture stands, the pair has firmed up its current range-bound profile, with well-defined edges between 1.17/1720 and 1.1650. The latest price...

OK… GBP/USD has topped out. EUR/USD appears to need a new high – along with AUD/USD. USD/CHF has found its low. USD/JPY, having been the leader of the bull pack, is coming to a high. What...

US stocks closed mostly higher Wednesday as investors continue looking past the US-China trade dispute while focusing on solid US economic fundamentals. Indeed, US investor and equity markets, in...

USD/CHF: The pair remains biased upside on price recovery. This is coming on the back of its second day of strength. On the downside, support lies at the 0.9650 level. A turn below here will open the...