Currency Analysis & Opinion

Market OverviewThe market impact of Donald Trump’s decision to initiate trade tariffs last week have played something of a seesaw impact on the markets in recent days. The political pressure on...

USD/CAD pulled back sharply from the key 1.3000 psychological level on Tuesday, ahead of Wednesday’s interest rate decision from the Bank of Canada and Friday’s employment reports from...

News that North Korea is willing to discuss disarming its nuclear weapons if its own safety can be guaranteed has reduced the tension in the region and the Japanese yen has weakened a little as a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.All of Tuesday's major currencies traded higher against the U.S. dollar except for the Japanese yen and Swiss franc. USD/JPY in...

EUR/USD Slight increase EUR/USD recovered from 1.2155 low, stabilized at the1.2340 range. The pair is currently contained between hourly support and resistance at 1.2112 (12/01/2018 low) and 1.2434...

Markets have settled after Monday’s excitement about Germany’s coalition, Italian populists’ victory and US President Trump’s presumed trade war.The VIX volatility index fell...

With the euro bearing the brunt of the Italian election fallout, the European indices bounced back from an initially troublesome open this Monday.The single currency wasn’t just dealing with the...

The Canadian dollar has been the worst performer among the major currencies today, continuing its recent poor run of form. The Loonie has been undermined amid concerns over planned US tariffs on steel...

The US dollar slid sharply late last week due in part to President Trump’s announcement of impending U.S. import tariffs on steel and aluminium, sparking fears of global trade wars on the...

Below you will find a technical analysis on the major forex pairs: AUD, CAD, CHF, EUR, GBP, JPY, NZD

Market OverviewPolitics in Italy have never really been especially stable at the best of times, but once more, the parliamentary elections on Sunday seem set to return a hung parliament and...

USD/BRL Last time I wrote about the market going into Neutral and how we’d not really tried down to the 50% Fibs at 3.2336 (Dec 2017 – Jan 2018 move), 3.2233 (2017 move) and the Long MA...

USD/INR Following my commentary last month we had our second consecutive close up over the then key 63.78 level and rallied higher where we hit resistance in the form of the Medium MA (currently...

USD/CNY Last time I wrote about the longer term Vomiting Camel Pattern which had gotten us to where we were at that time. This time I’d like to concentrate on the shorter term action. The key...