Currency Analysis & Opinion

EUR/USD The Double Bottom in November 2017 transformed into a Reverse H+S during Dec 2017 and finally broke to the upside during this past Jan, achieving its target area of 1.2420 by the latter part...

The EUR/JPY is often considered to be a barometer for risk appetite. However it is not displaying those characteristics at all at the moment. Today’s 1.4% drop in the German DAX index should...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar continued to rise against the Japanese yen following Wednesday’s hawkish FOMC statement but the greenback...

Below you'll find a technical analysis on the major forex pairs from Live Trading Room:AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXY

EUR/CHF Stabilises At Around 1.1540 As USD ConsolidatesEUR/CHF came under renewed selling pressure yesterday in the late afternoon as it slid from 1.1637 to 1.1554 before consolidating at around...

EUR/USD pausing before another leg higher EUR/USD is progressing. The pair is now retracing and lies well above 1.2325 (17/01/2018 high). Hourly support is given at 1.2223 (23/01/2018 low). The...

Market OverviewInflation is on the way back. At least that is the assessment of the Federal Reserve monetary policy announcement yesterday. The FOMC statement said that “inflation on a 12 month...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Between President Trump’s State of the Union address and the Federal Reserve meeting, the market had a bigger reaction to...

Below you'll find a technical analysis on the major forex pairs from Live Trading Room: AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXYEnjoy

EZ CPI and US FOMCWednesday looks set to be a big day for the markets, with high impacting releases from both the eurozone and the Federal Reserve. Later this morning the market will be updated on the...

EURUSD outside day and almost a key reversal up during European hours...but it ended as an indecisive spinning top pattern. We've tested down again to the very recent 50% fib support at 1.2348. The...

Market OverviewThe prospects of a near term dollar recovery have been mixed throughout recent days. Initial signs that the selling pressure on the greenback had gone too far have failed to generate...

As US Treasury yields remained elevated on Tuesday, continuing to pressure equities while largely failing to sustain Monday’s short-lived boost for the US dollar, markets were preparing for the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The wild swings that we saw in the FX market on Tuesday gave us a taste of the bigger moves that could transpire over the next...