Forex Opinion & Analysis

Emerging Market FX: The most striking aspect about India’s current macroeconomic picture is the contrast between weakness in various economic sectors (production, consumer and labour market) and...

A chain reaction of declines in major equity indices around the world began this week with China, in a disappointing start to 2016 that saw the country’s stock market halted. Monday’s...

EUR/GBP: With the cross rejecting higher prices to close lower on Monday, EUR/GBP looks to weaken more on loss of upside momentum. As long as the 0.7415/23 zone continues to hold as overhead...

Market sentiment has stabilized after yesterday’s China-induced panic, but traders remain on edge ahead of the year’s second US trading session. As my colleague Fawad Razaqzada noted...

After USD/JPY took centre stage on the first trading day of 2016, focus switched to the EUR pairs, though once again, equities influenced heavily. Overnight, the PBoC increased liquidity to steady...

I have been predicting the current candlestick pattern on chart of the EUR/USD for the past month, and describing it as it unfolded. Last night, it broke below the neckline of the head and shoulders...

Currently we are at 1.4996 in a nice channel. We are looking to continue to the 0.382 Fibo at 1.4942 with an overall target to the 0.500 Fibo at 1.4831. The average daily true range (ATR) for the pair...

New York Forex Report: The plunge in China equities not only triggered a trading halt but also prompted broad-based sell-offs in major equities globally. This, coupled with rising geopolitical tension...

The Australian dollar has posted slight losses on Tuesday, as AUD/USD trades at 0.7170 in the European session. On the release front, the lone US event is Total Vehicle Sales. Australia will release...

The latest IMM data covers the week from 22 December to 29 December 2015. Yesterday evening we got the final IMM report of 2015. Overall, the report showed that speculators finished the year...

The USD/JPY pattern is trading in a downward channel on a 4 hour time frame. The bottom end of this channel is becoming narrow which means that the price has a little room to move if it was going to...

EUR/USD has posted losses on Tuesday, as the pair trades at 1.0770 in the European session. In economic news, Eurozone CPI posted a gain of 0.2%, short of the forecast. On the bright side, German and...

The first trading day was characterized by a worldwide selloff sparked by slower growth in China. Slowing manufacturing in Asia's largest economy fueled fears over the possible effects for global...

The apocalyptic Chinese story keeps the headlines busy. The intervention from the PBoC eased tensions at the heart of the storm, yet the chaotic start to 2016 warned of a challenging year ahead of us....