Forex Opinion & Analysis

AUD/USD for Wednesday, August 20, 2014The Australian dollar is threatening to break through the support level at 0.93, after recently falling sharply from above 0.9340 in recent hours.  ...

EUR/USD Open 1.3319 High 1.3363 Low 1.3302 Close 1.3318On Tuesday the EUR/USD continued decreasing with 50 pips. The European currency depreciated from 1.3363 to 1.3312 yesterday, matching the...

The past 10 days or so have had me researching several solutions, testing some theories and yesterday suddenly, I think, recognising the final solution. If I’m right, it’s actually...

Only 3 months ago, I started a long term bet against the Swedish Krona, especially against USD. By that time, the USD/SEK was trading at 6.5000 and had a good rally up to 6.9300. I closed all my long...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Investors Buy Dollars Aggressively Ahead of Fed Minutes GBP Crashes on Weak UK CPI Undermines BoE Credibility EUR Drops to 9...

GBP/USD Open 1.6617 High 1.6726 Low 1.6600 Close 1.6615On Tuesday Pound/Dollar decreased strongly with 115 pips. The Cable depreciated from 1.6726 to 1.6610 yesterday, in line with the negative money...

Talking Points EUR/USD Risks Break Below 1.3300 as Descending Triangle Remains in Play USD/JPY Needs Close Above 102.80-90 Resistance to Favor Topside Targets US DOLLAR Clears 10,590 Pivot as Housing...

AUD/USD is stable on Tuesday, as the pair trades in the low-0.93 range early in the North American session. On the release front, the RBA minutes stated that a rate hike is unlikely. Later on,...

Forward guidance is the practice by which central banks try to shape investor expectations for the trajectory of monetary policy.  Central banks have come to increasing rely on it.  BOE...

The US dollar posted slight gains on Tuesday as USD/JPY trades in the high-102 range in the North American session. On the release front, US data was mixed. CPI and Core CPI posted...

Near-Term EUR/USD OutlookBeen warning since the Aug 5th email of the potential for a few weeks of consolidating (with limited upside), before resuming the longer term decline. The market has indeed...

EUR/USDOnce again today’s session has seen a distinct lack of tier 1 data or economic commentary from the Eurozone, with focus for the pair residing stateside following today’s key US data...

Currently the EUR/NZD is at 1.5765. We have a Break of the trend and trying to break a bear flag. We are looking for a continuation to the S4 Support area at 1.5667. The average daily true range (ATR)...

Gaps in the spot forex market are quite rare so any such event tends to set the alarm bells ringing as the old trading maxim comes into play, “gaps get filled”. And indeed this has been...