Forex Opinion & Analysis

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CHF and closed at 1.0001. The Swiss Franc weakened, after Switzerland’s real retail sales fell for the fourth...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 117.54. In the Asian session, at GMT0400, the pair is trading at 117.56, with the USD trading 0.12%...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.4547. In the Asian session, at GMT0400, the pair is trading at 1.4536, with the GBP trading 0.08%...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.82% against the USD and closed at 1.0872, after the Euro-zone’s Sentix investor confidence index fell more-than-expected to a...

USD/JPY near term outlook:The market has continued sharply lower, fast approaching that Aug 24 spike low at 116.45 (and also within lots of very long term support in the 115.50/116.50 area, see longer...

Daily Headline Jaw-boning: There are two major headlines today, with the first continuing to keep China in the news and the second back with our old friend the Fed.China: Speaking at a briefing at the...

USD/CADShort term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X FLAT ended at 1.406, and pair has resumed...

Key Highlights · US dollar, after trading lower towards the 116.60-50 support area against the Japanese yen, found support. · There are a couple of bearish trend lines formed on the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Don’t be fooled by the fragile recovery in currencies because China is still in trouble and poised to bring greater...

Since the beginning of this year AUD/USD falls and broke few supports. For 6 sessions there was lower highs and lower lows and this downtrend stopped today, when first dynamic rebound occurred....

It was another shaky start to the week as stock markets in Asia continued their sell off to send the respective FX rates further south. No Japan added to illiquid markets. China was said to have...

The severity of events in Chinese markets combined with the historical significance of global economic health of China has incited yet another large capital escape from equities upon the open today....

EUR/AUD is making an impulse down from 1.5829, which is an important evidence from bullish to temporary bearish mode. As such, we suspect that the pair accomplished a a five rally that we were...

With Tokyo markets offline for a bank holiday (happy Coming-of-Age Day to our Japanese readers!) following the late day collapse in US equities to close last week, traders had reason to expect that we...