Forex Opinion & Analysis

Markets are off to a bit of a groggy start to the month of February, with most global equity markets trading lower and the US dollar seeing mixed performance its major rivals. oil, the world’s...

Fragile risk sentiment weighing on stocks and commodities again; USD/JPY giving up 121.00 and AUD weighed. Oil-FX hit tame as yet. GBP gaining favour as dovish Thursday factored in.Although a steady...

I am always amused to hear experts on TV confidently say that the dollar is strong and the EUR/USD will fall when the charts are not saying that at all. Price is truth, and the truth is that the...

GBP/AUD is trading south for the last 5 months or so, but bearish price action is overlapping, thus a corrective with a wedge in current late stages of a downtrend from January high. Usually when...

BoJ's dovish move to introduce negative rates was in response to poor inflation in Japan and a strengthening JPY; the latter has the potential to cause a negative impact on its economy and its...

Factories in the euro area slashed prices of goods by the most in a year in January, highlighting the deflationary risks that’s keeping alarm bells ringing at the European Central Bank.In its...

Market Drivers February 01, 2016 Chinese PMI below 50 for lowest stretch on record UK PMI better Nikkei 1.98% Eurostoxx -0.62% Oil $33/bbl Gold $1121/oz Europe and AsiaCNY: Manufacturing PMI 49.4GBP:...

Feds normalization path complicated by the actions of other CB’s Saudis deny report of coordinated output cut Investors will have to go it alone this month. Despite February being the shortest...

EUR/JPY: Having rallied strongly the past week, we envisage further strength to occur. However, with almost a half of that rally taken back, a correction could be developing ahead of its medium term...

EUR/USDCurrent level - 1.0847 Friday's slide broke through 1.0850 support and today's bias is negative below 1.0880 resistance, for a possible dip to 1.0770 area....

We welcome you to the trading month of February. We look back on a successful first trading month of the year and given investors' increased risk appetite we expect the currency market to remain...

USD/JPYUSD/JPY has soared toward the technical targets area we defined on Friday at 121.75, where the 76.4% Fibonacci of the wave seen on the graph exits. Being close to this strong resistance offers...

Play The Range The unexpected move last week by the Bank Of Japan to cut rates into negative territory for the first time in the country’s history spurred a sharp reaction across the JPY complex...

Trade Of The Day: GBP/AUD. GBP was just briefly supported by the news of BoJ’s easing policy and then sank almost 1.8 percent. Traders are starting to speculate that BoE may cut rate by the end...