Forex Opinion & Analysis

Markets Hit Hardest by Ukraine Crisis EUR: At the Mercy of Ukraine GBP: Risk Aversion Overshadows Data Improvements AUD: What to Expect from the RBA NZD: Shrugs Off Sharp Improvement in Terms of...

The euro is likely to fall under pressure this week as on Sunday, Ukraine prepared for a Russian invasion and investors flocked to more liquid currencies like the Swiss franc.The common currency...

Top forex event risk ahead warns of big US Dollar, Euro moves Euro breaks key resistance but fails to close above $1.38, shaping up for a big week The fact that the S&P 500 closed at fresh...

EUR/USDIn the first half of the session EUR/USD was weighed upon by a stronger USD amid a flight to quality with an escalation of tensions in the Ukraine after the Russian parliament voted unanimously...

The price action in the foreign exchange market today is a perfect example of how politics can have a larger influence on short term FX flows than economics. Today's U.S. economic reports will take...

EUR/USDEuro is moving downwards. We think, today price may form consolidation channel near level 1.3788, break it upwards, and then continue moving upwards to reach target at level of...

Currently we are at 1.6729 in a wedge. We are looking for a bullish continuation to the 1.270 Fibo area at 1.6785 and the next target the first wave R6  @ 1.6862  The average daily true...

The EUR/USD has completed its reverse Head and Shoulder pattern on a 60 minute time frame. The price is trading well above the 100 day (shown in yellow) and 50day (shown in green) moving average,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.48; (P) 170.34; (R1) 171.30;Intraday bias in GBP/JPY remains neutral. On the upside, above 171.88 will target 173.65/174.84 resistance zone. However,...

We stress that we now need the perfect storm in the form of both further ECB easing - including rate cuts - and Fed tapering to be completed this year for our 1.26 forecast on EUR/USD to materialise...

EUR/USDCurrent level - 1.3780 Friday's break through 1.3727 resistance unleashed a severe rise all the way up to 1.3823, signaling, that the uptrend on the senior frames has been renewed, towards...

The situation in the Crimea and the wider Ukraine is dragging risky assets lower this morning as we open up in Europe. USD, JPY and CHF are the notable outperformers with oil and gold also up on the...

The EUR/USD pair bounced very sharply from the 1.3640/20 support level during the last week. The pair also traded above the critical 1.3770 resistance level after the bounce. The pair is currently...