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Forex Opinion & Analysis

Al Brooks
EUR/USD: Nested Wedge Bottoms By Al Brooks - 22 hours ago

The 3-week selloff lacked consecutive strong bear bars on the daily chart. It is therefore more likely a bear leg and a wedge bull flag in the 4-month trading range. The January 11 low of 1.0453 is ...

Scott Barkley
AUD/NZD: Reversal? By Scott Barkley - Feb 22, 2017

Currently we are at 1.0723 in a range and oat the top of that range. We have divergence on this chart so we are looking to reverse to the 0.214 Fibo at 1.0671with another target at 1.0595. The average...

Daily Forex Update: USD/CHF By AutoChartist - Feb 22, 2017

USD/CHF recently broke the clear 4-hour triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this triangle at the 5 bar level, which corresponds to ...

Canadian Dollar: Hope Placed On Local Retail Sales By FxGrow - Feb 22, 2017

USD/CAD rallied for the third trading session in a row as US dollar imposed the strong tone again this week. The pair is on the path of clocking yesterday's high at 1.3164 as US Index peeks again to ...

Growth Aces
AUD/USD Supported By Comments From Lowe By Growth Aces - Feb 22, 2017

AUD/USD supported by comments from Lowe The head of Australia's central bank Philip Lowe gave the clearest signal yet on Wednesday that further cuts in interest rates would not be in the national ...

Global Optimism Revives Risk-On Sentiment By ForexTime - Feb 22, 2017

The renewed optimism over global economic growth has rekindled investors’ risk sentiment, resulting in global equities lurching to all-time highs this week. Asian markets were firmly bullish ...

Boris Schlossberg
FX Disperses Every Which Way By Boris Schlossberg - Feb 22, 2017

Market Drivers February 22, 2017 UK GDP misses IFO improves Nikkei -0.01% DAX 0.10% Oil $54/bbl Gold $1238/oz. Europe and AsiaEUR: GE IFO 111 vs. 109.6GBP: UK GDP 0.7% vs. 0.6%GBP: UK Business ...

Marios Krausse
USD Trends Higher Ahead Of FOMC Minutes By Marios Krausse - Feb 22, 2017

The U.S. dollar has been torn between hawkish and less hawkish Fed speak. Given the greenback's strong dependence on the prospect for tighter monetary policy it first strengthened against the euro and...