Forex Opinion & Analysis

Bearish:  We are currently @ 1.9341 in a channel in a range.  We are looking for a continuation to the ATR target @ 1.9280 with the further target  the 0.786 Fibo @ 1.9242 area. Watch...

Ahead of the inflation data tomorrow, the US dollar is trading sideways and hovering near three-month highs. The greenback is currently approaching a key resistance level and could break higher if CPI...

CPI reports in the US and the UK will be in focus this week. We see a greater risk for a lower-than-expected number in the US even though our estimates match consensus, while UK services inflation and...

All eyes on US CPI on Tuesday after run of strong dataRetail sales on the agenda too for the US dollarPound on standby for UK data flurry, including CPI and GDPJapanese GDP and Australian employment...

USDCAD gets repeatedly repelled by 1.3543Latest rejection triggers decline below 200-day SMAMomentum indicators ease but remain positiveUSDCAD had been staging a solid recovery from its December low...

Today sees one of the key event risks of the week – the annual US CPI benchmarks revisions. The Fed’s current position is that it is looking for confidence in the disinflation process....

US jobless claims no longer trending lower Canadian unemployment expected to rise again USD/CAD running low on momentum near key resistance The US dollar has performed well recently, buoyed by some...

EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%.German inflation expected at 0.2%Germany’s CPI is expected at 0.2% m/m on Friday,...

OANDA Senior Market Analyst Craig Erlam discusses the breakout seen in GBP/USD after last week’s US jobs report and gives his updated analysis of the chart. Original Post

The Australian dollar has edged lower after China posted a soft inflation report. In the European session, AUD/USD is trading at 0.6509, down 0.18%.The new year hasn’t brought much cheer to the...

AUDUSD hits its lowest level since mid-NovemberAlthough decline halts, rebound looks unconvincingMomentum indicators remain tilted to the downsideAUDUSD has been in a constant decline after peaking at...

US equity benchmarks continue to push higher as most of the big tech stocks close in on bullish target prices. Chinese equities, however, continue to languish as Chinese authorities institute an array...

Fed policymakers sticking to the script US data continues to point to a strong economy Fib rebound may suggest we’ve seen a correction in GBP/USD It isn’t the busiest week as far as UK and...

Bullish:  We are currently @ 1.6502 in a channel.  We are looking for a continuation to the ATR target @ 1.6567 with the further target  the 0.618 Fibo @ 1.6578 area. Watch the USDX for...