Forex Opinion & Analysis

Previous: After the Brexit vote the euro/dollar fell five figures (-4.51%) to 1.0911. As soon as the official results of the voting were out for all to see, the currency market began a correction...

USD/CAD has been trading quite aggressively lower earlier after a decisive break out of an upward channel connected from May of 2015 lows, which was an important evidence for a change in trend. That...

The markets gapped lower this morning with the sterling in the eye of the storm. With the UK plunging into political uncertainty with many questions and few answers, the markets are bearing the brunt....

A wave of risk aversion eclipsed the financial markets during trading last week following the unanticipated Brexit victory that weighed heavily on global sentiment. Stock markets entered a free fall,...

US ISM Manufacturing PMI is a leading indicator and considering recent turn of events, I would probably be looking to go LONG on the USD even if the only reason is to stay ahead of risk aversion...

UK Manufacturing PMI should be a strong market mover but with UK voting to exit the EU last Thursday, I seriously doubt anyone is going LONG on GBP for an extended period of time. If we get a better...

The following table lists the key economic data and other events that are due out during the week of June 27th – July 1st, with release times displayed for the GMT time zone.The list also...

Selling EUR/USD rallies.Original post

AUD/USD first support at 7435/30 of course and holding here re-targets strong resistance at 7495/7500. Shorts again need stops above 7525. A break above 7525 is a buy signal and targets 7572/75 then...

The USD/JPY had another negative week as the bearish trend remained firmly in place for the pair. In addition, the BREXIT volatility spilled over onto the pair during Friday’s session which saw...

As it was for most pairs, Friday’s Brexit referendum saw the Kiwi Dollar react strongly to the surprise leave vote. Specifically, the outcome erased the pair’s gains which were made...

Monday Morning and the Brexit bloodbath continues on GBP/USD, with the pair gapping down a cool 200 pips before the wild whipsawing began.GBP/USD 15 Minute: The gap looks minuscule next to...

Post-Brexit vote, the debate has centred on whether it will be the catalyst for another Lehman Brothers-style meltdown. While there’s a lot of dust still to settle, central bankers are ready and...