Forex Opinion & Analysis

FX: Pause Before Another Big Move?EUR: Holding Above Key Technical LevelGBP: Supported By Stronger Housing DataAUD: Rebounds On Chinese CommentsCAD: Lowered Forecasts For Housing MarketNZD: Oil And...

The USD/JPY on the daily chart has made a partial recovery of the downside correction that characterised price action in late May and early June. Within the context of the steep bullish trend that...

Summary: US Treasury Yields have surged as the S&P 500 has tumbled and we think this has significant implications for the US Dollar.Why?Earlier this month our Senior Market Strategist wrote an...

Better-than-expected economic data helped the U.S. dollar recover part of its earlier losses at the start of the North American trading session. The greenback had initially traded lower after a...

EUR/USDFollowing dovish comments from Fed's Kocherlakota and Fed's Fisher who cautioned on over-interpreting the latest FOMC decision, a dovish stance was also echoed by ECB and BoE this morning,...

Foreign Exchange Price and Time at a GlanceEUR/USDfailed last week just below the 6th square root progression of the year-to-date low and has since come under steady downside pressureOur trend bias is...

Currently we are at 0.7758 in a rectangle pattern which is bearish for the pair. We are looking for a continuation through the S7 at 0.7690 with the overall target the trend line at 0.7586-97 The...

The Australian dollar remains under pressure, as AUD/USD is trading in the mid-0.92 range in Tuesday trading. The Aussie took a hit last week from the US dollar, but has stabilized this week. We could...

We take a 1.5% loss on our bearish 3M GBP/CAD call spread which expired on 24 June 2013.In FX Trends: GBP and JPY to be left behind with the worst policy mix (22 March 2013), we recommended going...

EUR/USDCurrent level - 1.3117The break through the trend line around 1.3110 signals a positive bias, for a rise through 1.3170 en route to 1.3255. Crucial on the downside is the 1.3057 low....

Since May 22, the EUR/JPY is in a downtrend restricted by the blue trendline. Bearish movement stopped on June 13, and bulls started the counter attack. As we can see on the chart, Fibonacci levels...

As we can see from Monday’s candlesticks, yesterday trading was different. The new week started with a bearish gap and for almost all of the European session, investors were fighting around the...

The Japanese yen continues to improve against the US dollar. USD/JPY is trading the low-97 range in Tuesday’s European session. The yen got a boost from a solid inflation release, as the...