Forex Opinion & Analysis

It was just last week we were discussing the moral dilemma that profiting from natural disasters presents to some traders when we brought up the opportunity to possibly fade the New Zealand earthquake...

Today is the 1st pullback in an 8 day bear micro channel. While there is a parabolic wedge selloff, the odds are this the 1st reversal up will become a bear flag. The daily chart has consecutive sell...

GBP/USD: The pair closed higher on Monday leaving risk higher in the days ahead. On the downside, support lies at the 1.2450 level where a break will turn attention to the 1.2400 level. Further down,...

Key Highlights · The New Zealand Dollar traded lower recently below 0.7100 against the US dollar, and remained under a bearish pressure. · There is a bearish trend line on the 4-hours...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The euro rebounded against the U.S. dollar on Monday for the first time in 11 trading days, ending the longest stretch of...

As we know, the dollar has spiked higher in reaction to the Trump election victory, but more specifically, it has been allowed by the Chinese Government to spike higher against the yuan.Put another...

GBP/USD has started the trading week with strong gains. In the North American session, the pair is trading at the 1.25 line. On the release front, there are no indicators out of the UK or the US. On...

NZD/USD has been steadily declining since November 8th, when it reached 0.7402. Currently trading near 0.7020, the bears seem unstoppable and after a selloff of over 400 pips, it looks like the pair...

The confidence in Japanese yen currency seems to be favored and restored as USD/JPY reversed last weak's bullish trend to bearish in Monday's opening trading session. Japanese industrial activity...

The weekend focus has generally been one of a political nature, with traders, perhaps predictably, gaining confirmation that Angela Merkel will run for chancellor in the German elections in 2017. Many...

Forex News and EventsFocus on USD rally This week markets will further focus on President-elect Trump's picks for high ranking positions. Despite the glaring lack of platform details, investors have...

USD/JPY has posted small losses on Monday. Currently, the pair is trading at 110.70. On the release front, there are no US events on the schedule. In Japan, the trade surplus jumped to JPY 0.47...

Market Drivers November 21, 2016 Profit taking in US yields sends dollar lower Oil remains bid Nikkei 0.77% DAX -0.20% Oil $46/bbl Gold $1215/oz. Europe and AsiaJPY: Trade 47T vs. 41TNZD: Credit Card...

In our last analysis we focused on the NZD/USD. We were not disappointed by the price movement as the NZD/USD went down, which was in line with our expectations. Today we focus on another currency...