Forex Opinion & Analysis

AUD/USDMarket Scenario 1: Long positions above 0.7204 with targets at 0.7223 and 0.7258 Market Scenario 2: Short positions below 0.7204 with targets at 0.7169 and 0.7150 Comment: After losing 30 pips...

The U.S. dollar rose to a more than eight-month peak against its major counterparts on Friday, as demand for the greenback remained underpinned amid growing confidence the Federal Reserve will raise...

Buy USD/CHF Heading into the final weeks of the year, battle-lines are drawn across FX markets with investor expectations geared towards a rate hike by the Fed and further easing to be introduced by...

All eyes on IMF decision on whether to approve the Chinese yuan status as a reserve currency today. Earlier comments from the IMF director Christine Lagarde that the currency qualified as...

Key Events This Week: November 31st – December 4thTuesday: JPY – BOJ Kuroda Speech, AUD– RBA Rate Decision and Statement, EUR – German Unemployment, Wednesday: EUR – EZ...

This week the G10 FX Financial Scorecard recommends buying AUD, NOK and GBP while selling CHF, USD and SEK.Last week's signals resulted in a 0.4% gain. In particular, the short CHF position performed...

This week will be one of the most important and decisive weeks for currency traders. Not only do we have the European Central Bank, which is forecast to boost stimulus, but also the U.S. Payrolls data...

USD/JPY is on our radar screen for longs in this week as we are more and more confident that pair is making a triangle. Triangles are structured by five subwaves, so current leg up can be limited near...

European Central Bank was predicted to broaden its currency-stimulating policy in December, S&P company suggested last Friday. Meanwhile, they believed a Fed interest rate hike will occur in...

Earlier in November, the International Monetary Fund Managing Director, Christine Lagarde announced her backing for the inclusion of the Chinese yuan into a select basket of international reserve...

USD/JPYThe solid support zones of 122.30-122.25 have been able to push the USD/JPY mildly to the upside on Friday. However, there is no confirmation that, the pair will continue to inch higher since...

Last week in a relatively quiet week for the currency majors in the run up to Thanksgiving, it was the euro and the British pound which came under most pressure with the Australian dollar and the...

USD/CHF is trading sharply higher, making wave III much more extended than first thought. We see price now in blue subwave (5) that is trading at some key Fibonacci extended levels that can turn into...

All falling into placeAnd so starts a very interesting week for China, the Eurozone, the United States and currency markets as a whole as we wait on some particularly interesting policy. China will...