Forex Opinion & Analysis

Two-way trading was the call on Friday which turned out to be correct; even though I hadn’t anticipated such narrow ranges. Nevertheless, there was nothing wrong about the moves and they fit...

AUD/USD for Monday, May 19, 2014For the last week or so the Australian dollar has been placing pressure on the resistance level at 0.94. It was able to poke through for a short period and reach a...

The AUD/USD continued its sideways movement in a range between 0.9318 and 0.9408. Key support is at 0.9318 and as long as this level holds, the price action in the range could be treated as a...

• Falling Treasury yields driving dollar • Regional data reports will be the focus • USDCAD range to remain intact The week is ending with a fizzle. US Federal Reserve chairman Janet...

The question we posed last week was whether the important highs were in place for the euro and sterling, just shy of important psychological level of $1.40 and $1.70 respectively, or was the...

US Dollar Rally Will Stall Without a SparkThe US dollar managed to turn a close call test of 14-month lows into an impressive rebound over the past two weeks.Euro Tender as Data Slump Worsens amid...

EUR/USD Outlook: How Much Further Will it Fall? Dollar: Watch Fed Speeches Next Week Sterling: Busy Week Ahead Stronger Rally in AUD/NZD? NZD Needs to Adjust for Less Hawkish RBNZ CAD: Foreigners Sell...

Attention Turns to BoE MPC Votes Tuesday Will the BoE hawks come out to play? This week saw the pound slip to a four-week low on Wednesday (£1.6753), after investors were left disappointed...

EUR/USDThe connotations of a potential QE programme sent the EUR/USD gradually lower over the week, with markets continuing to speculate over further monetary easing by the central bank. ECB source...

EUR/USDThe euro continues forming ascending impulse. We think, today price may reach level of 1.3734 and then start correction towards level of 1.3600, at least. Later, in our opinion, instrument may...

EUR/USDCurrently we are at 1.4644 in a bear flag. We are looking for a break and then a continuation to the S7 area at 1.4557. The average daily true range (ATR) for the pair currently is 128 pips.

Return of risk premium Bonds were rallying on Wednesday, but there was a huge reaction in the opposite direction on Thursday in several markets. Lower-than-expected Q1 GDP growth figures for some of...

Forex News and Events: The rally in EUR-denominated bonds abruptly reversed yesterday on rumors that Greece would introduce retroactive tax on foreign holders of Greek bonds. Tensions eased after the...