Forex Opinion & Analysis

USD/CHF INTRADAY CHART BIAS: This should be a mostly bullish day Resistance: 1.0175-80 1.0225 1.0244-54 1.0280-90Support: 1.0143 1.0104-21 1.0085 1.0065 MAIN ANALYSIS: Yesterday losses stalled just...

Perhaps it should be expected but heck, this slow market is slowing down more. To be honest, unless some throat wrenching catalyst occurs, tomorrow’s Thanksgiving looks like seeing some painful...

Once upon a time, if a world super power on the brink of war had a fighter jet shot down after entering the airspace of another sovereign nation for barely a few seconds, all hell would break loose...

Turmoil in the Middle East as Turkey Downs Russian AircraftGeopolitical tension triggered a surge in crude prices after Turkey confirmed it had shot down a Russian warplane that it alleged was...

USD/CAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USD/CAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday's worst-performing currency was the British pound. It experienced broad-based losses on the back of dovish comments...

The daily chart of the EUR/USD formed a small wedge bottom over the past 2 weeks, and it is currently trading above yesterday’s small reversal bar. Yes, the news from Russia and Turkey will...

GBP/USD - downtrend returns after the end of simple correctionDollar weakened today after statements of FED members regarding interest rate hikes. Rapid achievement of the inflation target of 2% isn't...

Geopolitical events take centre stage after Turkey shot down a Russian jet, while GBP underperforms after dovish BoE Haldane commentsThe most notable news of the day came in the form of Turkey...

Dollar bulls received some stability following Tuesday’s firm US Q3 GDP announcement of 2.1% which intensified the growing expectations of a US interest rate increase in December. Data from the...

We assume that USD/CHF is still making a corrective retracement in black wave IV that can be forming an irregular correction. Ideally price is now in wave (C) then that can retest 1.0120 area from...

EUR/USDCurrent level - 1.0644 Current rebound above 1.0590 should be considered corrective, preceding another wave downwards, to 1.0520. Initial intraday resistance lies at 1.0665, followed by the...

AUD/USDMarket Scenario 1: Long positions above 0.7194 with targets at 0.7229 & 0.7268 Market Scenario 2: Short positions below 0.7194 with targets at 0.7155 & 0.7120 Comment: Bulls managed to...

USD/JPY: Having taken back all of its intra day gains to close flat on Monday and triggering a corrective weakness on Tuesday, USD/JPY remains weak and vulnerable on pullback in the days ahead. On the...