Currency Analysis & Opinion

Price action in the forex markets during the first 24 hours of trading this week has been generally limited which is a relief only a couple of days after the terrorist attack in Paris. That shows that...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.How Long Do Forex Traders Let Terrorism Impact Currencies? In light of all the tragedy in France, it is refreshing to see that...

Since mid-October, EUR/GBP is moving in a downward trend. The trend is set by downtrend line led after the highs. Currently this trend line is at the level 0.7100. This morning, support was breaking...

On Friday the focus for the Forex market was on the release of the US Retail Sales report as traders were waiting for a further confirmation that the domestic economy was on course for a higher rate...

The cable recovered well last week after some solid falls the week before. The pair climbed steadily throughout the week thanks to strong UK employment data and soft US data. Solid resistance at the...

First, a review of last week’s forecast:- most experts and graphical analysis on H1 tended to believe that EUR/USD would take a breather and move in a sideways channel of 1.0650-1.0850. In fact,...

Pound fell sharply against the USD at the start of this month. We can see a new leg down from 1.5500 that has an impulsive qualities so pair is expected to remain bearish as this move should unfold in...

Zak Mir, technical analyst for ShareProphets.com, headed the Tip TV Finance Show today and was joined by Mike Ingram, Strategist for BGC Partners, to discuss the potential for a USD rally in the week...

The EUR/USD parity party won’t be ignited, says Jeremy Stretch, Head of G10 FX Strategy for CIBC, when he joined today’s Tip TV Finance show to discuss the EUR/USD pair and the role of...

The Aussie recovered significantly against the U.S Dollar to trade above $0.7140, and the bullish trend was confirmed by the Harmonic pattern 0-5 pushing the prices toward the Fibonacci level 224 %....

Overnight the Aussie has spiked following a big drop in unemployment with the rate falling from 6.2% to 5.9% leading to AUDUSD jumping to 0.7150. The 0.7000 remains a key support level for the Aussie...

The euro has felt the wrath of the bullish US dollar over the past week, as the hawkish rhetoric from the Federal Reserve starts to bite. However, what has been an orderly retreat could become a rout...

The EUR/GBP has fallen strongly over the past week, breaking through several key technical levels as it was impacted by the resurgent pound. However, a double bottom has just appeared on the daily...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Recent comments from Eurozone officials are making EUR/USD traders nervous because the greatest risk of selling euros is a...