Forex Opinion & Analysis

Pushing back Chinese tariffs brings a bit of a “risk-on-Asia” feel to the market and this almost always means that the Japanese yen is going to get sold.The New Zealand dollar has been...

MyFXspot.com Trade IdeasEUR/USD: long at 1.1320, take profit at 1.1470, stop-loss 1.1255 USD/CAD: short at 1.3350, take profit at 1.3010, stop-loss 1.3485 AUD/USD: long at 0.7145, take profit at...

Hi traders,USDCAD is sharply recovering from the 1.311 low, giving us first evidences that wave i as part of a bigger bearish cycle is completed, and that wave ii is now in play. Corrective wave ii...

The U.S. dollar, after its strong mid-February run, is sliding. It's fallen on seven of the last eight days, and is now also being dragged down by Treasurys, as traders backpedal into growth on the...

EUR/AUD Bearish: Currently, we are at 1.5840 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonoacci 1.5794. The overall target is the range...

Progress in trade negotiations between the United States and China contributed to the growth of world stock indices and the weakening of the U.S. dollar.U.S. President Donald Trump tweeted last Sunday...

EUR/USD has edged higher in the Monday session. Currently, the pair is trading at 1.1362, up 0.25% on the day. It’s a very quiet start to the week, with no eurozone or German events. There are...

Market Drivers for February 25, 2019 Trump extends China tariffs deadline EU mulls Brexit extension to 2021 Nikkei 0.48% DAX 0.35% Oil $57/bbl Gold $1328/oz. Europe and Asia NZD: Retail Sales 1.7% vs....

EUR/USD: Options and Futures Analysis for February 25, 2019. Total cash investments among the major participants in the CME Group (NASDAQ:CME) of derivatives trading for the euro fell by 1%. The total...

The Canadian dollar rose 0.47 percent on Friday despite retail sales falling unexpectedly in December. Trade optimism offset the data miss as the U.S. dollar remains on the back foot following lower...

The U.S. dollar could extend declines to high-beta currencies if we see continued progress with China and U.S. reaching a broad trade deal that prevents the U.S. from raising tariffs on Chinese goods...

Last week was rather up and down, but the dollar outlook was largely bullish. This should now see some stronger development. GBP/USD has managed to provide a decent Wave i and Wave ii that should...

As the US-China trade negotiations drag on, and as the official tariffs deadline of March 1 is likely to be extended, there is no denial that last Friday’s price action in the currency space...

EUR/USD outlook remains higher on more strength as it eyes price extension. Support comes in at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level....