Forex Opinion & Analysis

GBP/JPY: With the cross printing back to back long-tailed candles on Friday and Monday to trigger bear pressure during early Asia session, we look for weakness to occur. The cross to target its Oct 07...

In short: short speculative positions, target at $153, stop-loss at $273.Cryptocurrency payments may be suited for an emerging niche of the payments system, given that changes are made to how...

I wasn’t really too happy about the second half of last week. I did see the alternative deeper losses in the dollar but felt the dollar index and USD/CHF in particular didn’t really fit...

I'm pretty much worthless at short-term trading, but I'm going to take a guess at how I think the next week or two might play out for the US dollar and gold.The dollar needs to bounce for a day or two...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar started the new trading week heavy against all of the major currencies. With no U.S. economic reports...

The USD index remained in the red throughout the European session amid no tier 1 data, with many US participants away from the market for the Columbus Day holiday.USD/CAD saw strength after the NYMEX...

The weekly charts of the EUR/USD and USD/JPY have been in tight trading ranges for months and are in breakout mode. The markets are evenly balanced, and there is a 50% chance of the breakout being up...

AUD/JPYCurrently we are at 89.55 in a channel but out of the defined range. We are looking to continue to the R6 resistance area at 88.94 with an overall target at 89.38. The average daily true range...

EUR/JPY: The cross may remain biased to the upside following its recent strength but it was seen backing off ahead of its key overhead resistance zone at the at 137.44/04 region during the Monday...

The GBP/USD pair is trading above its upward trend line on a 4 hour time frame. The price is also trading above its 50 and 100 day moving average shown in green and in red colours respectively. This...

This week the G10 FX Financial Scorecard recommends buying CAD, JPY and USD while selling AUD, NOK and NZD.Last week's signals resulted in a 0.2% loss. In particular, the short NOK was expensive,...

Last week, the USD was falling against its major competitors amid substantially reduced expectations of an interest rate hike in the US before the end of the year. In the latest FOMC minutes published...

The week has kicked off on a quiet note, as there are no European releases to start off the week and the US markets are closed for Columbus Day. EUR/USD is trading quietly on Monday, and we’re...

AUD/USDMarket Scenario 1: Long positions above 0.7309 with targets at 0.7371 and 0.7405. Market Scenario 2: Short positions below 0.7309 with targets at 0.7275 and 0.72130 Comment: Aussie continues...