Forex Opinion & Analysis

The Japanese Yen has been weak versus the US Dollar over much of the past 2 years. However, that trend could be coming to an end if today’s chart pattern continues to play out. Today, we look at a...

Note:  FOMC Today! Forex Strategies Bullish: We are currently @ 1.1341  in a channel in a big range. We are looking for a continuation to the ATR target @ 1.1385 and then further movement to 1.1400....

The USD/JPY has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, as a...

We are revising our EUR/USD forecast lower following the Republican clean sweep. We assume that Trump will go ahead with both tax cuts and protectionism, with the latter triggering a dovish ECB...

After a day dominated by the resounding success of the Republican party, FX markets today return to the more familiar territory of central bank policy meetings. These take place in the US, UK,...

The US Dollar Index (DXY) surged as markets anticipated a Donald Trump victory in the US presidential election. Market sentiment suggests a Trump presidency and Republican majority will boost the US...

USD/JPY hits fresh highs as Trump wins battleground states. Resistance of 153.80-154.00 still in play. However, the 153.40-154.00 barrier is still under examination. USD/JPY soared to a new...

NZD/USD edges higher, ignoring weak September jobs report RBNZ may front-load cuts, with risk of a 75bps move in November understated. Kiwi gains tied to US election outcome, vulnerable to extreme...

The dollar index is in a starting position and ready to start another move. October was the best month for the DXY in almost two years, but it has pulled back from local extremes in recent days,...

The EUR/USD is feeling the effects of a holding pattern in financial markets, as traders remain hesitant to commit to specific positions. With an exceptionally tight US presidential race, many are...

RBA repeats no rate cuts until confident inflation will return to 2-3% target range. The labour market remains tight, with strong employment growth and elevated vacancies. Australian bond futures...

Forex Strategies  Bearish: GBP/USD is currently @ 1.2997  after a triple top in place. We are looking for a continuation to the ATR target @ 1.2916 and then further movement to the 0.618 Fibo @...

The NZD/USD is higher on Monday. In the European session, NZD/USD is trading at 0.5991, up 0.49% on the day. The New Zealand dollar is coming off a miserable October, plunging 5.9%. New Zealand...

The AUD/USD has started the new trading week with strong gains. In the European session, AUD is trading at 0.6509, up 0.64% on the day. The Aussie is coming off a fifth consecutive losing week and...