Forex Opinion & Analysis

The British pound is in positive territory on Tuesday. In the European session, GBP/USD is trading at 1.2277, up 0.50%.UK inflation acceleratesFor Bank of England policymakers, the “how not to...

AUD/USD shorts at 6700/20 DID work again, as the upside breakout fails, with a high for the day at 6726.On the downside, we can target 6670 (hit yesterday) perhaps as far as 6640/35 and 6620. We can...

Canadian consumer prices rose 0.4% in February, with annual inflation slowing to 5.2% from 5.9%. Both figures were below expectations of 0.5% and 5.4%, respectively, reflecting a faster return to...

The EUR/USD bulls are beginning to collect bull bars over the past four trading days. The bears failed to get a downside breakout on March 15th. At the moment, the market is probably Always In Long...

The Swiss franc is showing some strength on Tuesday. In the European session, USD/CHF is trading at 0.9238, down 0.58%.SNB expected to hike but by how much?The turmoil which has roiled the financial...

Bearish: USD/CHF is currently at 0.9238 after the flag pattern breakout. We are in a range. We are looking for a continuation to the  ATR target at 0.9194 with a further target of 1.618 Fibo...

The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%.Financial markets settle downLet’s start with some...

The Fed faces a finely-balanced decision between raising interest rates 25bps and holding steady amidst banking turmoil. Markets and economists are leaning toward a 25bps rate hike. The Summary of...

One of the most important Fed decisions in recent history lies ahead on Wednesday. Markets think the banking episode could prevent the Fed from raising rates and are pricing in rate cuts by the...

The EUR/USD bulls want an upside breakout of the March 15th outside down bar and a test of the February high. The bulls are beginning to develop a fair amount of bull bars closing above their...

USD/CHF is trading quietly on Monday, after a tumultuous week. In the European session, USD/CHF is trading at 0.9276, up 0.15%.Credit Suisse takeover, central banks take actionThere was a flurry of...

After a tumultuous week in the financial markets, things appear to have settled down. The EUR/USD shows limited movement, trading at 1.0655.Central banks move in unison to contain contagionIt was...

It was widely understood that the Federal Reserve would raise rates until one of three things took place: inflation was clearly on course to return to the target, the labor market would weaken...

The EUR/USD daily chart had a strong bear outside a bar two days ago. While it was a surprise bar, it followed a 5-bar bull micro channel, increasing the probability of buyers below. Bull that bought...