Forex Opinion & Analysis

Sterling bears went on a rampage during trading on Monday following the fresh political rifts within the Conservative Party, which eroded the outlook for a currency already dogged by concerns over the...

In what is a short trading week due to the Easter festivities, today will be the busiest day regarding market data.Tuesday has started with overnight news from Sydney where the Governor of the Reserve...

AUD/USD INTRADAY CHART BIAS: Losses should develop but slowly… and with some risk of a recycling Resistance: 0.7598-10 0.7626-36 0.7661 0.7680Support: 0.7568 0.7532-46 0.7510-15...

Oil prices remain ebullient, relatively, compared to the dismal start to the year. Everything else, it seems, is driven by that background which means “dollar.” In that respect, we look to...

Atlanta Fed President Denis Lockhart said yesterday “there is sufficient momentum evidenced by the economic data to justify a further step at one of the coming meetings, possibly as early as the...

If you didn’t get on the GBP short-sell bandwagon early last year, now might be a good time to jump on. The embattled currency has been making consistent and relatively significant losses since...

As an eternal bear I am always on the hunt for new and exciting positions that lend themselves towards the short side. Subsequently, the EUR/NZD is now flashing some interesting signals that could be...

GBP/USD: Having the pair weakened on Monday, further bear pressure should follow. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. This is a shortened trading week for currencies with Japanese markets closed overnight and nearly all of the major exchanges...

With markets essentially trapped in near-term stasis as traders wait for higher impact data, it’s a good time to take a step back and look at the longer-term technical picture on AUD/USD. For...

AUD/CHF Since almost two weeks AUD/CHF is moving inside a triangle. Its breakout will show further direction of price movement. It should occur soon because inside the triangle there is only 100 pips...

The Australian dollar has started off the week quietly, as AUD/USD trades just below the 0.76 line in the North American session. On the release front, US Existing Homes was unexpectedly weak, coming...

A fairly quiet session overall, but notable for some USD claw-backs after last week’s FOMC induced sell off. Sharp gains were seen in cable at the time, but since tipping 1.4500, the pair has...

USD/JPY is steady on Monday, as the pair trades at 111.70 early in the North American session. On the release front, it’s a very quiet start to the trading week. The sole US event on the...