Forex Opinion & Analysis

The Federal Reserve was more dovish than expected, but that did not stop the dollar from appreciating against most of the major currencies last week. Even the Norwegian krone, which one would have...

Stocks under pressureThere was a definite air of risk off during trading in Asia this morning as shares and U.S. futures extended declines. The Japan225 index was the worst performer with losses of...

The agitation in financial markets, triggered by a shocking miss in the German PMI last Friday, is evident across a wide spectrum of instruments. The rampant yen is the manifestation of a phase,...

AUD/CHF Daily Chart Watching for Break, Re-test, and Reversal In last week’s price action trade ideas we were looking to see if the price would make a move lower and take out the major daily...

EUR/USD expects more weakness on price rejection following its lower close the past week. Support stands at the 1.1250 where a break will turn attention to the 1.1200 level. A break below that level...

AUD/USD - NZD/USD Daily Forecast - March 25, 2019 AUD/USD holding resistance at 7090/7100 targets 7070 and 7055, perhaps as far as 7040/35. This pair shorts at resistance at 7090/7100 and need stops...

US Dollar Index Speculator Positions Large currency speculators sharply reduced their bullish net positions in the US Dollar Index futures markets this week, according to the latest Commitment of...

The US dollar had a wild week, finishing the week mixed against its major trading partners, as market participants reassess the effects of the Fed’s dovish commitment and how much weaker the...

After the Fed’s surprise move, the dust is settling. We are seeing serious reprising across many currency pairs with sharp movements practically anywhere you look. With the euro, the yen or the...

The New Zealand dollar has fallen rather sharply against the Japanese yen during trading on Friday. This has been a general “risk off” day as Wall Street got hammered due to lower than...

GBP/JPY is also trading clearly, now unfolding a three-wave correction into a higher degree wave iv), as part of a bearish impulse. We can already see leg a and b of iv) completed, so one more leg...

The USD/JPY pair is under correction, still likely to fall Estimated pivot point is at a level of 111.90.Main scenario: short positions will be relevant from corrections below the level of 111.90 with...

The pair GBP/USD is still likely to grow. Estimated pivot point is at a level of 1.2771.Main scenario: long positions will be relevant from corrections above the level of 1.2771 with a target of...

The pair EUR/USD is still likely to fall. Estimated pivot point is at a level of 1.1449.Main scenario: short positions will be relevant from corrections below the level of 1.1449 with a target of...