Forex Opinion & Analysis

Following Trump's historic Presidency election win, there was a sudden move for risk-off due to the uncertainties of his polices with safe-haven currencies like Yen, appreciating strongly....

Currently we are 1.5128. We are looking for a continuation move to the possible trend top at 1.5160 area and then the start of the 5th wave down. The initial target is 1.5028. The average daily true...

Market Drivers November 10, 2016 USDJPY takes out 106.00 Aussie runs through 7740 Nikkei 6.72% DAX 1.00% Oil $45/bbl Gold $1281/oz. Europe and AsiaNZD: RBNZ rates at 1.75% – 25bp as expectedAUD:...

EUR/USD Under Pressure, As Market Still Believes Fed Will Hike In DecemberSan Francisco Federal Reserve Bank President John Williams said he still believes gradual U.S interest-rate rises make sense...

Global stocks staged an awe-inspiring rebound during late trading on Wednesday as investors came to terms with the shocking Trump presidential victory. Asian shares rallied in the early sessions of...

The US dollar suffered major losses yesterday facing it's rival Japanese yen as the race for oval office between Trump and Clinton strengthened in the last hours. USD/JPY opened yesterday at 105.15,...

We see little short- and medium-term impact on DKK from the expected political agenda from President Trump, but keep an eye out for longer-term negative effects.Focus for DKK now turns to December's...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0995 2nd Resistance: 1.1060 1st Support: 1.0950 2nd Support: 1.0870 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of the...

In my last post, I wrote about the small solace I took in profits on my short AUD/JPY position as the Japanese yen (via Guggenheim CurrencyShares Japanese Yen (NYSE:FXY)) surged in response to a...

On the EUR/USD we are looking at a nice impulsive decline taking place, with price specifically trading in sub-wave 4) of 1 that could be near completion. As such we expect one more drop to follow...

AUD/USD continues to fall after the earlier breakout of the up channel chart pattern which was earlier identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this chart...

The FX, equity and bond markets were volatile yesterday with a risk off sentiment prevailing on the news of a Trump victory. However, after the initial euphoria faded, the US equity markets in...

Trump being elected the 45th U.S. president was not the only shock yesterday; the markets’ reaction was even more surprising. The immediate response looked like Brexit version 2.0, but as we...