Forex Opinion & Analysis

Chris looks at the upcoming Thursday session in the EUR/USD pair.

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What is Fair Value for the EURO? Dollar Bulls Refuse to Cede Control GBP/USD Breaks 1.50 NZD Bounces after RBNZ Rate...

To me, avalanches have always been one of the most dramatic and terrifying of natural phenomena. In general, avalanches tend to occur after a seemingly small disturbance, such as new precipitation,...

Today was very similar to yesterday at the start of North American trade, at least if you were only looking at the USD in comparison to virtually every other currency on the planet. While equity...

Talking Points EUR/USD Opens to a Lower Low Range Support Sits at 1.0652 Counter Trend Reversals Begin Over R4 (Created using FXCM’s Marketscope 2.0 charts) The EUR/USD has opened Wednesdays...

OverviewToday’s FX markets continued the recent post-US Nonfarm Payroll trend of the strong USD dictating the state of play. As was the case yesterday, the USD index broke above its overnight...

With no new US economic data of note scheduled for release today, the forex market’s recent trends are extending for another day. Of course, the most powerful and influential trend is the...

The Eurodollar is continuing to sink down the charts with the latest, in what has become a repeated streak of recording fresh multi-year lows being registered at 1.0593. From a technical standpoint,...

Currently we are at 0.7627. We MIGHT have the first signs of breaking out of the range and if so we are looking for a continuation to the support area at 0.7924 with an overall target at 0.7400. The...

The pound traded with high volatility last week, having approached local lows again; then GBP/USD corrected up to the level of 1.5140. At the present time, trades are being conducted below 1.5100,...

In our last forecast of USD/CAD we said, that it is probably in the middle of a correction. So, we assumed that once it is finished, the pair should head down again in the face of wave C. The chart...

EUR/USD - Technical Report The pair has moved sharply to the downside, as it failed to maintain levels above 161.8% Fibonacci projection of the above seen wave at 1.0825. All eyes should be on the...

Since Friday morning the NOK has weakened roughly 1.5% vis-à-vis its European counterpart. The move is significant as the ECB started its bond purchase programme on Monday, which has sparked a...

EUR/GBP has fallen to the lower 0.7000s where it has encountered support from the S2 monthly pivot. It has paused and is currently consolidating. Besides the pivot the 0.7000 round-number figure my...