Forex Opinion & Analysis

Overall I am quite satisfied with how things developed yesterday. I mentioned the 4-hour Price Equilibrium Clouds were capping the dollar and this continued to be the case for EUR/USD and GBP/USD but...

Well, this headline just tumbled in……. …..providing more evidence of what a total farce “Abenomics” has been. These clowns have plunged Japan way over one quadrillion...

Key Highlights · New Zealand dollar remained elevated against the US dollar, and traded above 0.6750 area· There is a bullish trend line formed on the hourly chart of the NZD/USD pair,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It has been an interesting start to another busy week in the foreign-exchange market. There were no U.S economic reports...

The currency behind the third largest economy has, for a long time, been considered a safe haven currency. When global investors become more risk adverse, the value of the yen quite regularly tracks...

USD/JPY: side trend after rebound from support and double bottom patternIn the last week, USD/JPY has moved between 113.30 - 114.20. Side trend occurred after dynamic rebound from area 111.00. There...

The euro dropped nearly 0.5% during the European opening due to investors' expectations of easing monetary policy during Thursday's upcoming ECB meeting. Many traders are hoping for an increase in the...

I wrote several times last week that the EUR/USD was likely to have a 200-pip rally. It achieved that goal on Friday and tested near the top of the February 26 sell climax.The February sell off was...

The EUR/USD is focused on the ECB meeting this week on Thursday, where investors will re-assess ECB further policy. Until then, we need to analyze the possible intraday movement of the most traded...

AUD/CHFCurrently we are 0.7424 in a large channel. We are looking to continue to the 1.618 Resistance at 0.7469. Look for the 4th wave to start here back to 0.7310. The average daily true range (ATR)...

USD/JPY is quiet on Monday, as the pair trades at 113.50 in the European session. On the release front, it’s a quiet start to the week in the US, with two minor events – the Labor Market...

We welcome you to a new trading week. Before coming to this week's main risk event - the European Central Bank meeting on Thursday - let us briefly look back at last Friday's Non-Farm Payrolls report....

Monday March 7: Five-things the markets are talking aboutDealers, speculators and investors have been waiting for over seven-weeks to receive monetary policy guidance from top tier Central Banks. The...

EUR/GBP Remains Vulnerable On Corrective PullbackEUR/GBP - The cross took back all of its previous week gains to close lower the past week. This development leaves risk lower in the new week. Support...