Forex Opinion & Analysis

Talking Points: USD/JPY Technical Strategy: Flat Support: 123.66, 122.80, 121.42 Resistance: 124.78, 126.31, 127.25 The US Dollar produced a Bearish Engulfing candlestick pattern, hinting a...

Talking Points: US Dollar: Path of Least Resistance Favors Weakness on May Payrolls Data Euro Underperforms in Quiet Asia Trade as Greece Delays IMF Repayment See Economic Releases Directly on...

In my last post, I looked at intraday activity in stock indexes; I had a few requests to repeat the same work, showing time of day influences–intraday volume (tick volume) and trend...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Will Payrolls Propel the Dollar to New Highs? USD/CAD Hovers Below 1.25 Ahead of Canadian Employment Report AUD Hit by Record...

The British pound managed to climb higher this week against the US dollar, and enjoyed good gains. However, there was a strong reaction noted around the 1.5380-1.5400 resistance area. The 200 simple...

Talking Points EUR/USD driving force behind USDOLLAR Index breakdown. AUD/USD yet to break resistance, USD/JPY yet to break support. Depending on your USD bias, there are some pairs better suited for...

The ratio of long to short positions in the EUR/USD stands at -2.01 as 33% of traders are long. Yesterday the ratio was -2.09; 32% of open positions were long. Long positions are 1.9% lower than...

The ratio of long to short positions in the GBP/USD stands at 1.62 as 62% of traders are long. Yesterday the ratio was 1.96; 66% of open positions were long. Long positions are 16.6% lower than...

The euro has had a rough go of it the past 7 years, losing a third of its value. Could it be rally time? I fully understand if you feel like the person who says, “No way can the euro...

OverviewToday’s session was yet again another volatile one in the FX arena with EUR/USD initially printing its highest reading in 2 weeks with higher yields helping to support EUR, furthermore...

AUD/USD bearish breakout in play, but watch for positive EUR/USD correlation AUD dovish RBA tone, bad Trade balance and Retail sales results pulled the pair down to test 0.7700 zone. From technical...

Currently, GBP/NZD is at 2.1544. We are looking for a continuation to the Fibo resistance area at 2.1681. However, be aware that this may also be forming a head and shoulders pattern. The average...

AUD/USDMarket Scenario 1: Long positions above 0.7751 with target at 0.7784. Market Scenario 2: Short positions below 0.7751 with target at 0.7716. Comment: The pair jumps and tries to break...

GBP/USD Open 1.5324 High 1.5446 Low 1.5249 Close 1.5320 On Wednesday pound/dollar decreased with 125 pips. The Cable depreciated from 1.5375 to 1.5249 yesterday, in line with the negative money flow...