Forex Opinion & Analysis

Bearish:  We are currently @ 2.0422 outside a well built channel.  Lower highs suggest a move back into the channel. IF we can break support here, we are looking to continue to the ATR...

Mixed PMI data from various Euro area countries led to a surge in volatility for European currency pairs on Thursday morning.Preliminary estimates for France surprised with their strength. The...

US dollar weakens as commodity currencies gain on positive risk sentiment and strong Nvidia earnings. European trading sees further dollar weakening despite initial gains, driven by disappointing...

EURUSD has its best week of the yearDownside risks remain around 1.0880EZ flash business PMIs show a mixed picture EURUSD is in the seventh day of gains, marking its longest bull run in a while...

In a quiet week for the US events calendar, last night's release of the January FOMC meeting minutes served as a reminder that the Fed is in no rush to cut rates. That was not much of a surprise to...

The impact of the Yen's fluctuations was evident in the country's latest external trade report. On a seasonally adjusted basis, January recorded the highest surplus in three years. The 235B...

The Australian dollar continues to climb and has put together a five-day winning streak. The Aussie rose as much as 0.36% earlier but has pared most of these gains and is currently trading at 0.6552...

Some unfamiliar strength in Chinese equity markets is providing a little strength to non-dollar currencies. And the FX options market hints that investors may not be that pessimistic on EUR/USD after...

The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2650, up 0.43%.Is Bailey Turning Dovish?With little else on the calendar today, Bank of England Governor...

Bullish:  We are currently @1.2628 in a range.  If we get a small pullback and then can break resistance here, we are looking to continue to the ATR target @ 1.2667 with a further target the...

USDCHF gets rejected near familiar resistanceShort-term bias remains positive but probably too weakUSDCHF has been in the green almost every week since the plunge to a nine-year...

While it will likely be a relatively quieter week so far as macro data is concerned, North American markets re-open today after a long weekend, and with China also back this week, markets should turn...

There could be trading opportunities in key currency pairs like the EUR/USD, USD/JPY, and GBP/USD in the coming weeks. EUR/USD has bounced off key support amid renewed buying interest as GBP/USD...

The ingredients for more rangebound trading are all there, especially given an uninspiring US data calendar and no impact of Chinese news. However, the ECB’s negotiated wage growth indicator is...