Currency Analysis & Opinion

USD/JPY I’ve written and spoken at length about the H+S Top formed over Sep 2017 – Jan 2018. In Jan we started to test down to it and last month we fulfilled its Bearish Potential. To...

EUR/GBP Last month I was sceptical of the rise I’d seen as we hadn’t managed to overcome the resistance of the 50% Fib of the Oct – Dec 2016 move at 0.8834. Well, the market decided...

GBP/USD I mentioned last time the Area of Congestion based around 1.4350 – 1.4650 and that we had just started to run up into it last month…and then stopped. I also pointed out last time...

EUR/USD The Bullish June – Sep 2017 Schiff Pitchfork has been pretty brilliant at determining the angle-of attack of the recent Bull move and has been especially helpful in recent times. The...

First, a review of last week’s forecast:EUR/USD. Recall that almost 70% of experts, supported by an overwhelming majority of indicators, expected the pair to continue falling, naming the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar extended its slide on Friday when Canada, the European Union and China blasted President Trump’s decision...

It’s been a fairly sizable week of declines for both the FTSE 100 and the pound with a souring of global risk sentiment and the latest Brexit developments weighing on the markets. We’ve...

Market OverviewPerhaps equity markets have been too fixated with the perceived benefits of US tax reform and they forgot the other side of Donald Trump’s campaign to become President....

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.As we feared, the first day of March kicked off with more weakness for currencies and equities. At the start of the NY session,...

Earlier today, I took part in a number of Core Finance TV broadcasts covering…Bitcoin - are the charts suggesting another leg-up from here? Dollar/Yen - further weakness ahead? USDJPY, AUDUSD...

EUR/USD Consolidating EUR/USD is approaching hourly support at 1.2165 (17/01/2018 low), currently trading sideways. Hourly resistance remains at 1.2434 (06/02/2018 high). The technical structure...

The Fed’s favourite measure of inflation for the month of January, the core personal consumption measure or Core PCE, is due for release this afternoon.The tension is mounting among investors as...

Market OverviewThere has been a real negative shift in market sentiment since the Jerome Powell testimony a couple of days ago. Suddenly not only three, but perhaps even four hikes need to be priced...

EURUSD A bearish engulfing pattern and a first close below the important middle tine support…now resistance…of the jun – sep 2017 schiff pitchfork (currently 1.2269)…we are...