Forex Opinion & Analysis

The cable has been recovering strongly from its latest tumble but could be set to plummet, given a nascent double top pattern, which is forming on the daily chart. Additionally, as the pair reaches a...

Stock markets surged with ferocity during trading on Tuesday following the incredible US new homes sales report, which reinforced expectations over the Federal Reserve raising US rates in Q2. American...

The inverse correlation between the U.S. dollar and oil seems to have been ignored in recent days. Although the dollar appreciated by more than 2.7% against a basket of currencies since the beginning...

… and it’s most certainly a crime… I’d like to be very happy, but… everything takes a time… (which, for the more youthful, is a song from “A Connecticut...

USD/JPY: With USD/JPY continuing to hold on to its upside pressure, more recovery higher is expected though hesitating. While the 110.58 zone remains unbroken, we may continue to price hesitation. On...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.One of the best-performing currencies this month, this week and even on Wednesday is sterling. The British pound climbed to its...

Another ramp up in GBP, taking out 1.4660/65 in cable and .7600 against the EUR. CAD fighting back as BoC less dovish on wildfires impact.The usual suspects have been providing the volatility in FX...

NZD/USD continues to have a quiet week, as the pair trades at 0.6750 in Wednesday’s North American session. On the release front, New Zealand Trade Surplus surged to NZ$292 million, much higher...

Currently we are 1.6591 in a large channel. We are looking for continuation to the 1.270 Fibo at 2.0541 with a further target at 2.0676 later this week. The average daily true range (ATR) for the pair...

Market Drivers May 25, 2016 EZ IFO bit better NZD Trade surprises to upside Nikkei 1.52% Dax 1.37% Oil $49/bbl Gold $1221/oz. Europe and AsiaNZD: Trade Balance 292M vs. 25MAUD: Construction Work Done...

The Australian dollar continues to have an uneventful week, as the pair trades at the 0.72 line in the Wednesday session. On the release front, Australian Construction Work Done came in at -2.6%,...

USD/JPY is showing little movement on Wednesday, following gains which marked the Tuesday session. The pair is trading slightly above the key 110 line. On the release front, there are no major events...

EUR/USD - looking to sell a rally. EUR/GBP - the head and shoulders pattern is moving along nicely. Original post

USD/CHFAlthough the trading range on USD/CHF remains tight this week, we see how the pair continued to stabilize above 0.9860-0.9850 supports, neglecting the oversold sign on RSI14 over daily...