Forex Opinion & Analysis

NZD/USD: Short After closing a short position in profit on July 13th because of the strong pullback, another position has been opened on July 16 when the pair picked up the downtrend again last week....

Talking PointsBoE publishes minutes from the Monetary Policy Committee Meeting Wednesday RBNZ rate cut expected, decision from Governor Wheeler due Wednesday Bank of England The Bank of England will...

- Australia Consumer Price Index (CPI) to Pick Up for First Time Since 2Q 2014.- Core Rate of Inflation to Narrow to Annualized 2.1%- Slowest Pace of Growth Since 2Q 2012. Trading the News: Australia...

In this edition of the DecaPip Daily I would like to focus on the EUR/USD currency pair as we experienced a large reversal day in Tuesday’s trading.Buying was expected to start in the 1.0750...

Commodities on the DeclineIf nothing else, we can at least say that caution remains the watchword with regard to the euro, as both the announcement that banks in Greece were reopening and that the...

Key Highlights · British pound continued to weaken against the US dollar after failing to trade above 1.5680. · There is a monster bearish trend line formed on the hourly chart of...

USD/JPY INTRADAY CHART BIAS: We should see 124.00-25 caps for further losses MAIN ANALYSIS: The 124.40-57 area capped perfectly and saw another perfect first reversal back to the 123.65-75 area. I...

Good morning. Hope all is well! We seem to have had an average forecast for yesterday with a 57% accuracy. We were correct to take a weak stance on the US dollar pairs. Australian, British pound, New...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.What’s Behind USD’s Drop 1% Drop? NZD Jumps 1%, But Beware of Selling into RBNZ AUD Traders Shrug Off RBA...

Many traders, myself included, thought that the lackluster economic calendar early this week could mark the onset of the summer doldrums, but Tuesday’s big move in EUR/USD has certainly kept us...

The following are the latest technical setups for GBP/USD, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays (LONDON:BARC) Capital. GBP/USD: We are overall bullish and would...

Talking PointsEuro reclaiming role as funding currency as familiar 'QE' trade resumes. EUR/JPY up over +1% from July low while Nikkei 225 has gained over +7.4%. The Greek crisis isn't over yet. Barely...

The Dollar Index is staging a potential key reversal. It set a marginal new high for the move and now has reversed low to take out yesterday's low, as this Great Graphic from Bloomberg illustrates. We...

The previous Friday’s expected cycle low was successful in starting a rally last week in which the U.S. dollar had its best week since May. DXY gained 1.89% to close at 97.99 above the June 1...