Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9892. In economic news, Switzerland’s total sight deposits inched up to a level of CHF493.6 billion for the...

For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 109.25. In economic news, Japan’s final leading index advanced to a level of 99.3 in March, from a...

For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4480. In the Asian session, at GMT0300, the pair is trading at 1.4491, with the GBP trading 0.08% higher from...

For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1214, as the Euro-zone’s latest PMI readings signalled few signs of improvement in the region. Data...

USD/JPY first resistance at 109.38/43 should be a tough challenge. However if we continue higher look for 109.65/68. Gains are expected to be very limited but a break above 110.85 targets a selling...

The USD/CHF has steadily trended lower over the past few months after forming a high around the 1.03 handle. The decline has largely been exhibited in the form of a wave pattern with prices making...

I had hoped, so much, that we’d begin to see a break of the mini-range trading. It almost looked as if it would happen but then collapsed in what looks to be a recycling. The 4-hour Price...

The euro surged higher against the US dollar on Friday, bouncing back from seven-week lows reached in the earlier session as market players took profits after considerable gains in the greenback....

Key Highlights British pound started this week on a bearish sentiment vs the US dollar, and may continue to move down. There is a bearish trend line formed on the hourly chart of the GBP/USD pair,...

The US dollar vs yen (USD/JPY) has garnered most of the attention in the currency markets. However, another forex pair that has intrigued me is the euro vs yen (EUR/JPY).The weekly chart I have...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.There was very little consistency in the performance of the U.S. dollar Monday leaving the Japanese yen as the currency that set...

New York Forex ReportIn the wake of a raft of market-moving Fed speak last week, compounded by the release of Hawkish April FOMC minutes, attention now turns once again to members of the Fed who are...

After some early weakness, the bullish USD tone was back on track, but we are seeing some notable resistance which can prompt a short-term squeeze.This has been threatening over recent sessions, but...

GBP/JPY is reversing significantly down from upper trendline resistance and from 61.8% Fib. level where wave E might completed a triangle in wave 4), especially if we consider an overlap with wave...