Forex Opinion & Analysis

The EUR/USD daily Forex chart has been in a tight range for 6 days. The bears want this to be the top of a bear flag. They then want a break below the November low and 1.12. However, the bulls either...

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...

GBP/USD faces more upside pressure on bullish offensive. looks to recover further higher on bull pressure. Support stands at 1.3100 level. Further down, support comes in at the 1.3050 level where a...

Donald Trump’s protectionism became one of the reasons for the pause in the Fed’s monetary normalizationThe derivatives market has increased the probability of the Fed’s rate cut in...

AUD/USD Bearish: Currently we are at 0.7149 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonacci at 0.7110. The overall target is the range...

The Canadian dollar is slightly lower in the Tuesday session. Currently, the pair is trading at 1.3220, up 0.24% on the day. On the release front, Canada releases corporate profits. It’s a busy...

GBP/CHF traded higher yesterday, breaking January’s high, which is slightly above the 1.3110 hurdle. Today, the rate accelerated to the upside, overcoming the 1.3170 zone, defined by the highest...

EUR/USD is showing little movement in the Tuesday session. Currently, the pair is trading at 1.1360, up 0.04% on the day. In economic news, German GfK Consumer Confidence remained steady, with a...

AUD/USD feels relatively comfortable in the familiar range, with the immediate resistance comes at last week’s highs around the 0.72 figure, while on the downside, the selling pressure is capped...

GBPUSD is currently trading around 1.3275 in the US session Tuesday, jumped almost +1.37% on hopes of 2nd Brexit referendum and “delayed” or even “no” Brexit. GBPUSD made...

Economic data on Monday was relatively sparse on the day. The Bank of England Governor, Mark Carney gave a scheduled speech. Most of his speech highlighted the markets post-Brexit.The British PM May...

Two weeks ago, we highlighted 3 reasons USD/JPY was hitting its highest levels of the year, including positive U.S.-China trade talk and a continuation after a big technical breakout. Those two...

Key Highlights The British pound started a solid upward move above the 1.2920 resistance against the US dollar. There was a break above a significant bearish trend line with resistance at 1.2930 on...

Daily FX Market Roundup February 25, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are starting this busy trading week with solid gains in equities and currencies. Thanks...